Airline

Air India leases property

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Air India leases property

Air India has leased out commercial property at its iconic landmark headquarters at Nariman Point in Mumbai to raise funds.

Air India has leased out an area of 73,395.07 square feet to State Bank of India (SBI), Tata Consultancy Services (TCS), Bharatiya Mahila Bank, Bank of India and Kashmir government emporium at its Nariman point building in Mumbai.

According to Civil Aviation Minister Ashok Gajapathi Raju Pusapati, this step has been taken to leverage the airlines' assets to generate funds.