AirAsia Consulting if selected to SriLankan Airlines divesting bid, would raise its own funds said Capital A, chief executive officer Tan Sri Tony Fernandes. Capital A Bhd’s consulting unit AirAsia Consulting Sdn Bhd is one of the final three bidders in the run to acquire SriLankan Airlines running up against two Sri Lankan business giants – a consortium of Sherisha Technologies Pte Ltd, Supreme Global Holdings and Qatar’s MBS Investment and one of Sri Lanka’s largest conglomerate, Hayley’s PLC.
“AirAsia Consulting is also looking for opportunities to invest in airlines outside of Asean,” Fernandes said, adding that Bangladesh is another market that presents a good opportunity for AirAsia Consulting to invest in.
Airasia Consulting offers consulting services to airlines based on the vast experience and success of AirAsia Aviation Group Ltd, which is the umbrella company of AirAsia. In a bid to reduce losses that the airline has been incurring, the Sri Lankan government decided to privatise the carrier by selling its shares to interested parties. (www.nst.com.my)
