Three shortlisted for 49pct stake in Srilankan Airlines

A Monitor Desk Report 24 Jan, 2017 | 1875 Views|-+
Colombo: The government of Sri Lanka has further shortlisted from nine to three the list of prospective strategic partners for national carrier SriLankan Airlines (UL, Colombo Int’l) , State Enterprise Development Minister Kabir Hashim has announced.

Hashim recently said the three shortlisted bidders included Texas Pacific Group (TPG), PeaceAir Pvt Ltd, and the Maldivian company Super Group Partners.

Each of the candidates’ proposals for a 49 per cent stake in SriLankan Airlines will be scrutinised over the coming weeks with Prime Minister Ranil Wickremesinghe to make a decision by mid-February, he said.

According to the Lanka Mirror, Hashim added that should none of the proposals be found suitable, a three-man interministerial committee including himself, Minister of Development Strategies & International Trade, Malik Samarawickrama, and Minister for Special Assignments, Sarath Amunugama, had been appointed to oversee the issuance of a second Request For Proposals (RFP).

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