Completion time
The successful bidder will be required to complete the project within 12 months of it being awarded.
The potential of BIAL, which has signed a 15-year agreement for running its cargo operations, has been estimated between 2,00,000 and 3,00,000 tonnes in the next few years.
Diversification
The decision to go in for the project is one of the attempts being made by Air India to diversify its activities and emerge as a $7-billion turnover company in the next few years.
The SATS group is the provider of integrated ground handling and airline catering services at Singapore Changi Airport.
SATS provides a host of services including airfreight handling, airline catering, passenger services, baggage handling, ramp handling, aviation security, airline linen laundry and processed food manufacturing.
AI-SATS has already appointed AT3, a Singapore based firm, to develop and conceptualise the entire project.
Taken from Business Line
thehindubusinessline.in
