AirAsia planning further talks on SriLankan Airlines

AirAsia Consulting is planning further engagement with the International Finance Corp (IFC) which is mandated to advise the Sri Lanka Government on the divestiture of SriLankan Airlines Ltd (SAL).

The consultancy was responding to news report on AirAsia being among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines since the island nation was looking to reduce losses incurred by government-owned enterprises under a US$2.9bil International Monetary Fund programme.

The deadline for submissions was on Monday.

AirAsia Consulting chief executive officer Subashini Silvadas said as per the consultancy’s mandate, it was involved in the request for qualification process for SriLankan Airlines.

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