Tata Sons touted as possible SriLankan Airlines investor

Indian conglomerate Tata Sons is again being touted in media reports as a possible investor in SriLankan Airlines. The owner of Air India, Vistara, Air India Express, and AirAsia India has long been considered a possible investor in Sri Lanka's state-owner carrier. SriLankan Airlines is one of several state-owned enterprises the government wants to privatise. However, it has become something of a political football with various agenda at play in Colombo. Speaking at a recent government committee on public enterprises hearing, SriLankan Airlines Chairman Ashok Pathirage was supportive of privatisation as long as the right buyer was found, while CEO Richard Nuttall said he was focused on replacing aircraft and rebuilding the fleet ahead of any privatisation. SriLankan Airlines presently flies to the Indian airports of Bangalore International, Chennai, Delhi International, Hyderabad International, Kochi International, Madurai, Mumbai International, Thiruvananthapuram, and Tiruchirapally from its Colombo hub. Based on seat availability data, SriLankan Airlines currently commands a 63.21% market share on the country pair. Air India has the second biggest presence on Sri Lanka - India sectors, with a 13.68% market share. If Tata acquired a full or part stake in SriLankan Airlines, adding in Vistara's 4.69% market share, its airlines would provide 81.58% of all seats on the country pair, which may or may not raise competitive concerns. The media reports suggest the SriLankan government is "considering" Tata Sons as a possible investor. <br/>