Report on re-structuring of SriLankan Airlines submitted to President

News

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.

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