New Delhi, June 17 -- Air India SATS Airport Services Pvt. Ltd. (AISATS) plans to invest about Rs.600 crore in FY27 and more than double its revenue over the next five years, as the airport services provider expands beyond traditional ground handling into cargo, warehousing and airport logistics infrastructure.

The unlisted company, a 50:50 joint venture between Tata Group-owned Air India and Singapore-based ground handler SATS Ltd., is targeting revenue of Rs.3,000-3,500 crore over the next five years from around Rs.1,400 crore currently, with cargo and warehousing expected to drive much of the growth.

"We are looking over a period of five years to reach a turnover of around Rs.3000-3500 crore over a five-year period," Vikas Agarwal, c...