AirAsia Consulting engages IFC on SriLankan Airlines divestiture
Published on: Tuesday, April 23, 2024
By: Bernama
PETALING JAYA: AirAsia Consulting planned for a further engagement with the International Finance Corporation (IFC), which is mandated to advise the Sri Lanka government on the divestiture of SriLankan Airlines Ltd.
The consultancy was responding to the latest news report on AirAsia being among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines since the island nation was looking to reduce losses incurred by government-owned enterprises under a US$2.9 billion (RM13.8 billion) International Monetary Fund (IMF) programme.
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AirAsia Consulting CEO Subashini Silvadas said as per the consultancy’s mandate, it was involved in the request for qualification (RFQ) process for SriLankan Airlines.
“Currently, it is in the…
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