The new board of directors at national carrier SriLankan Airlines has assured that plans are underway to turnaround the organization in three years.
The airline's new Chairman Ranjith Fernando told reporters on Thursday that according to the Consultant Nyras they were assured of bringing profits to the carrier. He made this announcement at the media briefing held at the airline's office in Colombo this afternoon.
The carrier is currently faced with losses amounting to US $100 million for the FY ending March 31, he said noting that they were in a crisis. (SD)
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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