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Tue, May 10, 2016, 09:04 pm SL Time, ColomboPage News Desk, Sri Lanka.May 10, Colombo: The Sri Lankan government is planning to re-privatize the debt-ridden national carrier, SriLankan Airlines, six years after buying back the stake held by Emirates.
The request for proposals will soon be called to seek a suitable shareholder to assign the airline's operations, according to an airline industry business publication, Air Transport World.
However, the exact stake that will be up for sale is unclear, although it has been suggested that it could be around 40%.
As part of the process, the Sri Lankan government is expected to take over the airline's debts.
more/source: http://www.colombopage.com/archive_16A/May10_1462894463CH.php
The request for proposals will soon be called to seek a suitable shareholder to assign the airline's operations, according to an airline industry business publication, Air Transport World.
However, the exact stake that will be up for sale is unclear, although it has been suggested that it could be around 40%.
As part of the process, the Sri Lankan government is expected to take over the airline's debts.
more/source: http://www.colombopage.com/archive_16A/May10_1462894463CH.php