Articles tagged “state owned airlines”

SriLankan Airlines for Sale Again on Promise of Indian Tourism Wave

SriLankan Airlines for Sale Again on Promise of Indian Tourism Wave

Asantha Sirimanne and Anurag Kotoky, Bloomberg

The government's latest attempt to sell SriLankan Airlines has stumbled. It's now offering to absorb all $1 billion of the company’s debt if someone will buy the carrier, which might prosper as Indian tourism to the island country grows.

5 months ago

The Folly of the State-Owned Airline

The Folly of the State-Owned Airline

Brian Sumers, Skift

The government of South Africa is adamant the country needs a global airline as a matter of national sovereignty. That has been a costly decision. Is it necessary?

7 months ago

Letting Troubled South African Airways Go Bust Isn’t So Simple: Here’s Why

Letting Troubled South African Airways Go Bust Isn’t So Simple: Here’s Why

Brian Sumers, Skift

One expert called South African Airways a "vanity project." That's probably accurate, because the carrier has lost money for six consecutive years. But the airline will survive, because the government wants it to. That's the way it works. No one wants to see a national airline disappear.

7 months ago