Nov 18, 2017

Air Asia seeks the consent to operate a low cost carrier in Sri Lanka

Air Asia, the largest low cost carrier in Asia has made an investment proposal in a low cost carrier in Sri Lanka with a local Sri Lankan /partner /corporate /enterprises .

The Airline’s five year plan was presented at the recent meeting of Cabinet Committee on Economic Management in Colombo.

Civil Aviation Ministry sources said that this was only a proposal under discussion, and how can Air Asia go for head hunting at the very preliminary stage .

However the CCEM has not taken any decision at the meeting and only a presentation was made by the airline, Ministry sources said.

This plan is aimed at infusing US$118 billion in five years to Sri Lankan economy by way of Airport Tax, Airport charges and tourist spending.

The plan focuses on Air Asia’s international expansion which has huge growth potential with high capacity injection onto new virgin/unique routes which are not operated by any other carriers.

Air Asia Sri Lanka has proposed to operate from three strategic key hubs, Colombo, Jaffana and Hambanatota to India, followed by South Asia, ASEAN China, Middle East and Africa.

The company is exploring the possibility of setting up of pilot, engineers, and cabin crew training centres in Colombo as well.