EK negotiates over SriLankan airlines
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Emirateshave a 43% stake in SriLankan airlines and have a 10 year contract to managethe airline which is due to expire in March 2008.”Itseems very positive, but nothing solid has been announced as of yet,” asquoted by Gulf News. Final negotiations could take place in the next two tothree months.
Other media reports have speculated that once the negotiations arefinalised, the new agreement will finally close a chapter on the ‘saga’ betweenEmirates and the Sri Lankan government and will allow the Sri Lankan governmentto create a long-term plan to grow and expand its fleet.
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