Sri Lankan Airlines has an accumulated debt of Rs. 203 billion, a senior Aviation Ministry official said.
The national flag carrier needs to pay a sum of Rs. 61 billion to the Ceylon Petroleum Corporation over the purchase of aviation jet fuel while it needs to pay a total of Rs. 53 billion to the Bank of Ceylon, Rs.41 billion to People’s Bank and has a non-state debt of 39 billion and remaining amount being funds from other entities, the official said.
Committee on Public Enterprises (COPE) Chairman Prof. Charitha Herath said the inquiry into Sri Lankan Airlines losses has been delayed to give time for the airlines to generate income during the European winter season.
The airlines will need a 1.5 billion USD target income action plan in the coming years, Timesonline learns.
My acquittance with Chula goes back to 1976, 77 where Ananda Under 15 Soccer practices had in Cambel place, Chula was a brilliant mid fielder could kick the ball from both legs
Former Speaker and NPP MP Asoka Ranwala was arrested today following a road accident in the Denimulla area of Sapugaskanda last night, police said.
Read this week’s Sunday Times for your interesting articles
Read this week’s Sunday Times for your interesting articles
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