SriLankan Airlines turnaround in 3 years

Business

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)

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