Apart from the novelty and diversification these companies offer investors, the divestments are also an opportunity for investors to partake in the growth India's aviation sector is expected to witness.
With the government working on a new policy, the sector will remain in focus.
Aviation tends to grow at 1.5-2 times of underlying gross domestic product growth.
In the first half of FY15, AAI handled 92 million passengers, which means the full-year traffic could be 185-190 million.
This would be a growth of 10 per cent.
Analysts believe passenger growth could be explosive, given that the government is planning to develop smaller airports across India.
AAI is much bigger than Pawan Hans and has seen revenue growth of 15.9 per cent a year for the past three years, while net profit has contracted 4.5 per cent.
The net worth is around Rs 9,500 crore (Rs 95 billion).
Analysts believe the company could command a valuation of Rs 10,000-12,000 crore (Rs 100-120 billion).
They claim AAI’s revenue model would be similar to that of GMR and GVK,
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