Govt planning to list catering unit of SriLankan Airlines

Nov 07, 2015 (LBO) – Sri Lanka’s government is planning to list a minority stake of 30 percent to 49 percent of Sri Lankan Catering, a fully owned subsidiary of state owned SriLankan Airlines, a media report said.

This will be through a competitive, open bidding process, the report said quoting sources.

The company, the sole airline caterer operating at the Bandaranaike International Airport, will be the first state-owned enterprise to be listed on the Colombo Stock Exchange under economic reform plans announced by the Prime Minister.

The government is also planning to list the ground handling wing of SriLankan Airlines Ltd, the report said.