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AirAsia among bidders for Sri Lanka"s national carrier

AirAsia among bidders for Sri Lankas national carrier
COLOMBO: AirAsia is among six bidders for Sri Lanka

PUBLISHED : 22 Apr 2024 at 18:05

COLOMBO: AirAsia is among six bidders for Sri Lanka's state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a $2.9 billion International Monetary Fund (IMF) programme.

AirAsia Consulting has submitted a request for qualification from potential investors for the acquisition of shares in SriLankan Airlines Limited, a statement released by Sri Lanka's finance ministry said.

The document also named Dharshaan Elite Investment Holding (Pvt) Ltd, FITS Aviation (Private) Limited, Sherisha Technologies Private Limited, Treasure Republic Guardians Limited and local conglomerate Hayleys PLC as the other bidders.

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