News

SriLankan Airlines directors before Cabinet of Ministers tomorrow

19 June 2017 - 301   - 1

 


SriLankan Airlines’ board of directors including chairman Ajit Dias and CEO Suren Ratwatte have been summoned to appear before the Cabinet tomorrow to discuss the debt-filled airline's future path, a minister said today (Monday).
State Minister for State Enterprise Development, Lakshman Yapa Abeywardena, who moved into his new office in Colombo, told reporters that what the government was trying to find out was why the airline is still accumulating losses when all the flights seemed to be ‘fully’ booked. He said given the serious financial issues, the airline would find it difficult to function beyond September unless other financial arrangements are made.
He said the airline was heavily overstaffed with a cadre of 320 pilots,1200 stewards and stewardesses and 7500 other staff.  (Bandula)

  Comments - 1

  • Hayam Farouk Tuesday, 20 June 2017 05:08 AM

    It is hoped that the government will find a good solution.

    Reply : 0       0

    Leave a comment

Top Stories

SL’s new Forex Act becomes operative on Nov.1 

  The Government has cancelled an earlier date of October 15 for Sri Lanka’s new Foreign Exchange Act, No. 12 of 2017 to beco...

17 October 2017 - Views : 24

President urged Pakistan to invest in sugar and cement industries

17 October 2017

Nine new District Organizers for SLFP appointed

17 October 2017

Bond Commission concludes hearings;says will summon PM if necessary

17 October 2017



style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">

 

Features & Analysis

Loving Vincent : Feature film made entirely of oil paintings

“I saw 50 or 60 painters painting, and someone told me: ‘Oh it’s you! I’ve been painting you ...

Canon’s Photo marathon on this month

Canon’s Photo marathon will be held on October 21 for which they have tied up with Sri Lanka Tourism targeting ...

English Writers Cooperative of Sri Lanka to hold discussion on the 'Novel'

The English Writers Cooperative of Sri Lanka (EWC) will hold a discussion on the Novel on Saturday, October 21 at the...

Bubbling over with warmth and comfort- 'The Cauldron' opens its doors in Colombo

Opening their doors on September 11, Colombo’s latest cafe venture “The Cauldron” has claimed a cos...



style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">