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AirAsia planning Sri Lanka venture?

AirAsia planning Sri Lanka venture?

KUALA LUMPUR (Nov 13): AirAsia made a strong pitch to set up a budget airline in Sri Lanka to further grow the company's operations, The Sunday Times reported yesterday.

The Sunday Times, quoting a Cabinet Committee on Economic Management (CCEM) meeting attendee, reported that an AirAsia team made the hour-long presentation to the CCEM on Wednesday.

"Malaysian low-cost airline AirAsia has made a strong pitch to set up a budget carrier in Colombo with a 51% stake for the Sri Lanka Government," The Sunday Times reported.

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