Air India Stake Sale: Swiss Aviation Consulting Denies Bidding For National Carrier

Swiss Aviation Consulting (SAC), an aviation advisory firm,  on Monday denied a media report saying that it had expressed interest in buying the debt-laden state carrier Air India. SAC has never expressed interest in acquiring Air India or parts of it, or has acted as a front for some other stake holder, the company told Reuters. Earlier, the Economic Times newspaper quoted a senior aviation ministry official as saying that SAC has s...