The Sri Lankan government has reversed the previous administration’s decision to privatize Sri Lankan Airlines.
SriLankan Airlines Privatization Bidders
Minister of Ports, Shipping, and Aviation, Nimal Siripala de Silva, confirmed that SriLankan Airlines will undergo restructuring instead of being sold.
This week, the Cabinet of Ministers has announced a major advancement in the privatization of Sri Lankan Airlines (UL), narrowing the field of potential acquirers from six to three prominent contenders.