Minister of Aviation Nimal Siripala de Silva informs that a decision has been reached to hand over a 49% stake in SriLankan Catering and its management, and a 49% stake of airport ground handling and its management to an investor.
Accordingly, the government will retain a 51% majority stake of the national carrier.
Minister de Silva revealed of this move during a media briefing held today pertaining to restructuring SriLankan Airlines.
The Minister added SriLankan Airlines is USD 1.126 billion or Rs.401 billion in debt at present.