STARLUX’s Founder Welcomes First Airbus A350-1000 in Taiwan
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Sri Lanka Government Halts SriLankan Airlines Privatization
The Sri Lankan government has reversed plans to privatize SriLankan Airlines, aiming to maintain it as a national carrier while enhancing profitability and operational efficiency. President Anura Kumara Dissanayake announced this strategic shift, focusing on reforms to reduce debt and attract investment, despite the airline’s ongoing financial struggles exacerbated by mismanagement and the COVID-19 pandemic. Previously slated for privatization amid economic reforms, the new approach emphasizes restructuring management and operational systems to achieve sustainability. The government seeks to modernize the fleet, optimize routes, and improve efficiency to transform the airline into a self-sustaining asset beneficial to the economy.