Media statement on media reports attributing a bidding for Air India to Swiss Aviation Consulting (SAC), Switzerland

Hünenberg/Zug, Switzerland, 09 April 2018 – Swiss Aviation Consulting® has learnt of media articles attributing the company to a bidding for Air India.

Though Swiss Aviation Consulting is delivering aircraft asset management and aviation consulting services in India and other Asian countries, it has never been in contact with any Indian government officials or Air India representatives regarding the bidding for Air India and has never expressed interest in acquiring Air India or parts of it. Neither is Swiss Aviation Consulting acting as a front for some other stake holder.