SUBSIDIARY BREAKDOWN
PROFITABLE
Air India Air Transport Services
Air India SATS is a joint venture providing ground and cargo handling services. It’s estimated value $185 million.
Air India Express is a low-cost carrier. It’s estimated value around $1.16 billion. It includes Air India Charters, a charter business.
LOSS-MAKING
Hotel Corporation of India (HCI) owns two 5-star Centaur hotels in Delhi and Srinagar.
Alliance Air operates flights to 37 destinations in India.
Air India Engineering Services runs aircraft maintenance facilities at six airports for Air India and private airline companies