Air Pocket

Ishara S. Kodikara | AFP | Getty Images Sri Lanka Prime Minister Ranil Wickremesinghe, center, speaks to supporters at the prime minister's official residence in Colombo on December 16, 2018, after he was reappointed as prime minister by Sri Lanka's president, the same man who fired him from the job nearly two months ago.

The government is to re-tender for private investors to manage Sri Lankas Air traffic, after discussions with tech giant Lockheed Martin, fell through.
The company had already made a preliminary bid last year, to manage Sri Lankas upper airspace, with negotiations on its way to a firm commitment.rn

rnBut a top-level government policy decision pulled the stops on the project on the grounds it violated proper procedure and ordered for a fresh tender.rn

rnThe Lockheed Martin proposal also included plans to modernise navigation facilities at the Katunayake Airport, Board of Investment officials said.rn

rnThe US$ 25 mn project was to be entirely funded by Lockheed Martin with the government to be paid a fee that in the region of an estimated US$ 1.5 mn per annum.rn

rnThe project was to be the first phase in unbundling aviation services, introducing a computer-based system that would optimise flights paths and increase traffic.rn

rnldblquote Singapore Airlines has already given us a firm commitment