COLOMBO (News 1st) - Sri Lankan Airlines owes the Ceylon Petroleum Corporation a sum of Rs 13.45 billion.  Reports suggest that the Airline is preparing to obtain a loan from a private bank in order to make payments to the CPC. Joint Cabinet Spokesperson, Minister (Dr) Rajitha Senaratne addressin...

COLOMBO (News 1st) - CEO of SriLankan Airlines Suren Ratwatte who caused the national carrier to incur losses to the tune of billions within just three years, has put forward a series of conditions to take an early retirement. After the Government was elected in 2015 Suren Ratwatte, the brother o...

COLOMBO (News 1st) - During the Mahinda Rajapaksa era, the administration of Sri Lankan airlines was vested in the hands of an individual related to the first family. This administration led the national carrier on a downward spiral which resulted in the airline suffering losses worth 16.3billion ru...