India: Air India invites bids for aircraft insuranceReprints
Air India Ltd. has invited bids to renew insurance for its 105-aircraft fleet worth $9 billion, Moneycontrol.com reported, citing the Press Trust of India.
The airline has invited bids from Indian insurers. Consortiums can also submit applications. The deadline for submission is Jun. 4 2014. India's finance ministry has said no preference support would be given to public sector insurers, PTI reported.