Flight Delay

CEAT Kelani Holdings Managing Director Ravi Dadlani (right) and Lanka Ashok Leyland CEO Umesh Gautham exchange the OEM agreement

Friction between the President and the Premier has pushed back a December deadline to offer private investors a stake in the Bandaranaike International Airport.
Privatisation of the Bandaranaike International Airport has been on the cards as a phase three of ongoing expansion efforts, on the basis of a private-public partnership.rn

rnThis includes expansion of the terminal building and a second runway that can accommodate new generation A380 aircraft that will eventually replace the current carriers.rn

The privatisation will be a joint venture with current managers Airport and Aviation Services Ltd.rn

rnWould be Financial Advisors are to be selected to structure the bids, when offers from likely firms close next week, Chairman of an Aviation Task Force, Ratna Sivaratnam, said.rn

rnldblquote The political troubled reduced interest that had been building up and the delays have set us back a month from our earlier target of December 31
dblquote , Sivaratnam said.rn

rnMeanwhile, a team from the E

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