Sri Lanka
AirAsia Consulting is currently in early talks for the potential acquisition of SriLankan Airlines Ltd (SAL). The consulting firm is looking to further engage with the International Finance Corp (IFC), which has been tasked with advising the Sri Lanka government on the divestiture of SAL. This move could have significant implications for the aviation industry in Sri Lanka and beyond.
Implications for SriLankan Airlines Ltd
If the acquisition by AirAsia Consulting goes through, it could lead to major changes for SAL. AirAsia is known for its low-cost model and innovative approach to air travel, which could bring a fresh perspective to the struggling Sri Lankan airline. This could potentially lead to improved efficiency, cost savings, and overall competitiveness in the market.