The report comprising recommendations for the restructuring of SriLankan Airlines was submitted to President Maithripala Sirisena yesterday (Jan 28).
State Minister Eran Wickremaratne submitted the report which was compiled by a 12-member special committee appointed by the President.
Liquidation, re-establishment of the company, debt restructuring, and the generation of capital were some of the areas covered by the report.
The national air carrier would be able to function in a proper manner if debt restructuring and measures to generate capital were adopted, State Minister Eran Wickremaratne said.
The Colombo–Kandy main road at Pahala Kadugannawa has been closed indefinitely after a deadly rockfall in the area that left six people dead and four others injured.
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The Cyclonic Storm “Ditwah” moved further north from Trincomalee today evening leaving a trail of destruction including more than 90 deaths, over 100 missing and tens of thousands displaced, officials said.
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