Sri Lanka in Talks to Buy Emirates’ Stake in Carrier

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Sri Lanka’s government is in talks to buy Emirates Airline’s stake in the national carrier, SriLankan Airlines Chairman Nishanta Wickremasinghe said.

“The government has decided to purchase,” Wickremasinghe said in an interview in capital Colombo yesterday. “They are negotiating,” he said, declining to elaborate. The government owns 51 percent of the airline while Emirates has 43.6 percent.