Bhathiya Barukanda
The National People’s Power (NPP) government led by President Anura Kumara Dissanayake is to abandon initial plans by the previous rule to sell off or divest the cash-strapped SriLankan Airlines, an official said.
The Chairman of the NPP Economic Council Prof. Anil Jayantha said the government believes that the national career should remain with the state given its significance for the development of tourism. He said the airline would not be sold off or divested as a result. Prof Anil said a new model for the improvement of its management would be considered instead.
The previous government initially planned the sale process of the national carrier through the State-Owned Enterprises Restructuring Unit . After that the former Cabinet said it abandoned the sale process and decided to look at an alternate model to divest the airline.
