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...
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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...
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