Sri Lanka’s cabinet of ministers had asked a newly set up state owned enterprise re-structuring unit to come up with recommendation on how to re-structure state-run Sri Lankan Airlines and its subsidiaries.
Sri Lanka’s Aviation Minister Nimal Siripala de Silva had earlier suggested that Sri Lankan Catering and its ground handling units – the most profitable units – be sold separately to investors.
De Silva said at the time that cabinet approval would be sought for the move.
