Jet, Kingfisher eyeing stake in Sri Lankan Airlines

Naresh Goyal-controlled Jet Airways and Vijay Mallya's Kingfisher Airlines are among a host of carriers looking at acquiring a 43.6 per cent stake in Sri Lankan Airlines, aviation industry officials said.

The two carriers will be looking at buying the stake presently held by Emirates Airlines in the Sri Lankan carrier once their 10-year shareholder pact expires April 1, the officials added.

The Sri Lankan government holds 51 percent stake in the carrier, while employees hold the rest.

When contacted, officials at both Jet Airways and Kingfisher declined comment on the matter. "We cannot confirm any development on this," Wolfgang Prock Schauer, chief executive officer of Jet Airways, told media.

"No comment," the Kingfisher spokesperson added.

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