The restructuring of SriLankan Airlines is expected to commence in six months, following the guidance and recommendations provided by the expert committee appointed to restructure the institution. 

The Civil Aviation Ministry is expecting to receive the expert committee report within the given time. The Deputy Subject Minister, Janitha Ruwan Kodithuwakku told The Daily Morning the expert committee the Ministry has appointed is currently evaluating the proposals and their own ideas on restructuring SriLankan Airlines, and that after the evaluation, the Government will receive the report. "We will be going for restructuring after the report according to the guidance of the committee," he said.

When queried about the room for international parties to suggest restructuring models, given the Hong Kong-based private equity firm Transwell Corporation Limited had submitted a comprehensive private investor-led turnaround and restructuring proposal last week, he said those proposals will be evaluated through the committee. "There will be more proposals received by the committee to help it suggest ways to restructure this. All of them will be evaluated by the committee and they will provide us with the final restructuring model," he said.

In the wake of the Ministry's decision to restructure the loss-making SriLankan Airlines, the Cabinet of Ministers had approved last month (in July) the appointment of a special committee headed by the Presidential Senior Adviser on the Digital Economy Dr Hans Wijayasuriya to oversee the strategic review and restructuring of the SriLankan Airlines. The restructuring is planned to be done according to the model proposed.