Singapore bodies looking at SriLankan divisions

: Latest News; Tuesday, 19 October 2010

Singapore's biggest investment arm, Temasek Holdings, may be about to invest in selected SriLankan Airlines' business divisions, although possibly not the airline itself.

Maintenance, repair and overhaul specialist Singapore Technologies Aerospace (ST Aerospace) and Singapore Airlines Terminal Services (SATS), Singapore's provider of gateway services and food solutions were involved in talks last week.

For the moment it is believed the firms are looking at involvement in support units of Srilankan Airlines.

Temasek also may consider investing in the airline itself later, an unnamed airline source said.

Singapore bodies looking at SriLankan divisions

Latest News

Tuesday, 19 October 2010

Singapore's biggest investment arm, Temasek Holdings, may be about to invest in selected SriLankan Airlines' business divisions, although possibly not the airline itself.

For the moment it is believed the firms are looking at involvement in support units of Srilankan Airlines.

Temasek also may consider investing in the airline itself later, an unnamed airline source said.