Written by Lahiru Fernando
08 Oct, 2017 | 9:51 pm
SriLankan Airlines – Sri Lanka’s loss-making national career has had a rough run recently. Now, a new Cabinet sub-committee and a committee of state officials have been tasked with restructuring the Airlines.
Yesterday (October 7) we reported how the government is yet to cancel the order on four Airbus A350-900 aircraft.
When inquired by News 1st, a senior government official said it is expecting representatives of Airbus to visit the country to negotiate the contract termination.
SriLankan Airlines made a loss of 14.1 billion rupees in 2016 and has incurred a total loss of 169 billion rupees over the past nine years.
“Priority was given to privatise SriLankan Arilines saying there was a massive debt burden. Now they are trying to sell this off by pumping funds through state banks to artificially sort out the balance sheet.” – Centre for Human Rights & Research.
19 Feb, 2020 | 06:29 PM
14 Feb, 2020 | 04:15 PM
Are you interested in advertising on our website or video channel
Please contact us at [email protected]