AirAsia Joins Bidders for Sri Lanka's National Carrier

25 Apr 2024 CW Team

AirAsia, a prominent low-cost airline, has emerged as one of the bidders for Sri Lanka's national carrier. The airline's interest in acquiring a stake in Sri Lanka's flag carrier underscores the growing competition in the aviation sector and AirAsia's strategic expansion plans in the South Asian region.

Sri Lanka's national carrier has attracted attention from various airlines and investors seeking opportunities to invest in the country's aviation industry. The bidding process for the national airline has garnered significant interest, reflecting the potential for growth and investment in Sri Lanka's aviation sector.

AirAsia's bid for Sri Lanka's national carrier aligns with its broader strategy to expand its presence in key markets and strengthen its position in the region. The airline's low-cost business model and extensive network could bring significant value to Sri Lanka's aviation industry, enhancing connectivity and driving tourism and economic growth.

The participation of AirAsia in the bidding process highlights the attractiveness of Sri Lanka's aviation market and the potential for collaboration between international airlines and the country's national carrier. As the bidding process progresses, stakeholders will closely monitor developments and assess the potential impact on Sri Lanka's aviation sector and the broader economy.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..