AirAsia Sri Lanka
AirAsia Sri Lanka is a proposed LCC joint venture by Malaysian based airline group, AirAsia. The start-up is part of an investment proposal by AirAsia to assist in the development of Colombo Bandaranaike International Airport and improve bilateral relations. AirAsia Sri Lanka is expected to operate with Sri Lankan air operator's certificate and facilitate tourism activity in the country. The airline is expected to operate with a fleet of 24 aircraft, over a five-year period. AirAsia will seek a local partner to establish the carrier, subject to approval. A prospective launch date has not been specified.
In 2019, AirAsia Group CEO Tony Fernandes announced AirAsia will not open any more new airlines for the next three years, citing that the group will focus on consolidating existing operations.
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