header logo
සිංහලதமிழ்
Vallibel FD
vallible LE
Latest
Live auction for divestment of SriLankan Airlines on 05 March - Minister
Feb 28, 202409:49 PM
Google NewsAdd on Google
Live auction for divestment of SriLankan Airlines on 05 March - Minister
Mobitel inner 1278

Minister of Ports, Shipping and Aviation Nimal Siripala de Silva has announced that an investor for SriLankan Airlines will be chosen following a live auction for the divestiture of SriLankan Airlines on 05 March.

 

Speaking during Ada Derana’s ‘GET REAL’ segment, the Minister revealed that bids have been called, explaining that the live bidding will take place from 10:00 a.m. to 02:00 p.m. on 05 March, following which the bids will be evaluated, and sent to the Cabinet.

 

“I want somebody strong to come forward, who can invest at least USD 500 million and ensure job security for the 6,000 people who are working in the airline, that is my priority”, he said in this regard.

 

The Minister’s statement comes on the heels of several technical issues and other faults causing various delays and cancellations in SriLankan Airlines flights.

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Buddhist monks' march demanding Gnanasara Thero's release reaches the Presidential Secretariat

Buddhist monks' march demanding Gnanasara Thero's release reaches the Presidential Secretariat

IMF ready to support Sri Lanka "in any way they desire as appropriate"

IMF ready to support Sri Lanka "in any way they desire as appropriate"

CPC will be strengthened with 75 new fuel stations - President at Economic and Investment Summit

CPC will be strengthened with 75 new fuel stations - President at Economic and Investment Summit

MP Namal Rajapaksa further remanded until Oct. 27 over Airbus bribery case

MP Namal Rajapaksa further remanded until Oct. 27 over Airbus bribery case

Central Bank of Sri Lanka releases Financial Stability Review 2026

Central Bank of Sri Lanka releases Financial Stability Review 2026

Various Buddhist leaders and groups express views on Gnanasara Thero's monastic robes issue

Various Buddhist leaders and groups express views on Gnanasara Thero's monastic robes issue

Former CJ Sarath N. Silva claims punishment imposed on Gnanasara Thero against the law

Former CJ Sarath N. Silva claims punishment imposed on Gnanasara Thero against the law

MP Chamara Sampath Dassanayake remanded following arrest over bribery allegations

MP Chamara Sampath Dassanayake remanded following arrest over bribery allegations

Minister Bimal reveals details of corruption cases filed against politicians and other key figures

Minister Bimal reveals details of corruption cases filed against politicians and other key figures

NPP MP Chandana Sooriyaarachchi released on bail following arrest over road accident

NPP MP Chandana Sooriyaarachchi released on bail following arrest over road accident

Producing Gnanasara Thero before court inprison clothing sparks

Producing Gnanasara Thero before court inprison clothing sparks

Sri Lanka reaches staff-level agreement with IMF Seventh review clears path for $345mn disbursement

Sri Lanka reaches staff-level agreement with IMF Seventh review clears path for $345mn disbursement

Gnanasara Thero sent back to prison Appeals Court orders enforcement of remaining prison sentence

Gnanasara Thero sent back to prison Appeals Court orders enforcement of remaining prison sentence

Sri Lanka rejects US pressure over Iran vessels; FM reaffirms sovereignty, humanitarian commitments

Sri Lanka rejects US pressure over Iran vessels; FM reaffirms sovereignty, humanitarian commitments

“Is the Govt. promoting diesel mafia's agenda?” Govt. curtailing renewable energy projects- Sajith

“Is the Govt. promoting diesel mafia's agenda?” Govt. curtailing renewable energy projects- Sajith

Lassana Flora
Lassana Flora