In a recent tweet, former Sri Lankan Finance Minister Ali Sabry highlighted the financial struggles of SriLankan Airlines, following the termination of its management agreement with Emirates in 2008.
Sabry noted that the national carrier has since accumulated a staggering loss of US $1.2 billion. Drawing a comparison to Air India’s turnaround under Tata’s ownership, he suggested that the privatization of struggling state-owned airlines can lead to positive outcomes, as seen in Air India’s recent performance.
