SriLankan to re-lease 3 old A330 – 300 to PIA
By Duruthu Edirimuni Chandrasekera
View(s): SriLankan Airlines is in talks to re-lease three A330 aircraft to the Pakistan International Airlines (PIA), officials at the national carrier said.
This is a part of the restructuring of the debt-ridden airline by the Ministry of Public Enterprise and Development. “The lease payments of these three aircraft (leased out a long time ago) were too much for the airline,” an official told the Business Times. He said that these are to be disposed of in order to accommodate part of the new fleet. He added that some top management at the airline met recently with PIA officials in Pakistan. This week the Ministry through media advertisements called for Request for Proposal (RFP)’s to select a financial advisor to restructure the national carrier.