As Sri Lanka battles the worst economic crisis in its history, the government has announced that it will privatise the national carrier SriLankan Airlines. The country’s civil aviation minister Nirmal Siripala de Silva finally announced on August 30 that the process will kick off with a 49 per cent stake sale in the airline’s catering and ground handling business.
While the country has a negligible domestic aviation market due to its small geography, SriLankan Airlines is a strategic asset in feeding the country’s international tourism. The tourism industry is one of the biggest contributors to the country’s GDP, contributing
While the country has a negligible domestic aviation market due to its small geography, SriLankan Airlines is a strategic asset in feeding the country’s international tourism. The tourism industry is one of the biggest contributors to the country’s GDP, contributing