AirAsia Consulting seeks to invest in SriLankan Airlines under Sri Lanka's IMF program.

AirAsia Consulting, a subsidiary of budget airline AirAsia, submitted a request for qualification to invest in Sri Lanka's national carrier, SriLankan Airlines Limited. This comes as the island nation aims to decrease losses from government-owned enterprises under a $2.9 billion IMF program. Other bidders include Dharshaan Elite, FITS Aviation, Sherisha Technologies, Treasure Republic Guardians, and Hayleys PLC.

April 22, 2024
3 Articles