- Last Update 2024-11-08 21:46:00
Debt ridden Sri Lankan airlines to introduce early retirement scheme for staff
The Cabinet of Ministers granted approval today for early retirement of at least 560 employees of Sri Lankan Airlines who are expected to retire under the proposed Voluntary Retirement Scheme (VRS) at the cost of Rs 1.46 billion to the national carrier.
A relevant cabinet memorandum was tabled by the Minister of Tourism to implement the early retirement scheme citing the financial crisis that has been faced by the National Carrier.
The Cabinet was informed that a three member Committee headed by the Secretary to the State Ministry of Aviation and Export zones Development also recommended the step.
-
Still No Comments Posted.
- November 7, 2024 - 311 - 0
Sri Lanka’s upgraded online passport appointment system eliminates month-long queues and mafia
- November 1, 2024 - 237 - 0
Northern Province’s Palali-Achchuveli road reopens after 30 years
The Palali-Achchuveli main road in the Northern Province was reopened today (Nov 01) after being closed for over 30 years, following a directive from President Anura Kumara Dissanayake.
- November 6, 2024 - 234 - 0
Four Custom Officers convicted 35 years of RI over Rs 125 Million bribery case
Related Articles
Railway services to Thalaimannar resume after one year
- 08/11/2024 - 28 - 0
Fraudster who deceived thousands through illegal pyramid scheme arrested
- 08/11/2024 - 8 - 0
School holiday on Nov 13 and 14
- 08/11/2024 - 46 - 0
Man accused of fraud of Rs 1.8b arrested at BIA
- 08/11/2024 - 100 - 0
Leave Comments