Will Tata Invest In SriLankan Airlines?

Fresh speculation among local media houses suggests India’s Tata Group is interested in picking up a significant stake in SriLankan Airlines. The state-owned flag carrier has had a rough past few years and accumulated a mountain of debt. This, combined with the country’s severe economic hardships has left the Sri Lankan government with no choice but to privatize the airline, an option the Indian government exercised not too long ago.



from Simple Flying https://ift.tt/pwQWSdl
via IFTTT

Comments