SriLankan Airlines May Privatize as Government Looks to Cut Losses

The cash-strapped government of Sri Lanka will go ahead with the partial privatization of its national carrier, SriLankan Airlines. The government plans to sell a 51 percent stake in the airline, as well as 49 percent takes in both its...

Read More

India’s Jet Airways Ready for Second Act, Investors Say

The wait for India’s Jet Airways to hit the runway might get a little longer. But the new promoters of the airline maintain the restart activities are “progressing well.” While the Jalan-Kalrock Consortium, which won the right to restructure Jet...

Read More