Emirates sells SriLankan stake

The Sri Lankan government has bought back the 43.6 per cent stake in SriLankan Airlines it sold to Dubai's Emirates airline 10 years ago.

SriLankan posted a loss of US$87 million in the year ended March, but is expected to turn a profit this year.

The Sri Lankan government has bought back the 43.6 per cent stake in SriLankan Airlines it sold to Dubai's Emirates airline 10 years ago.

SriLankan posted a loss of US$87 million in the year ended March, but is expected to turn a profit this year.