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.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
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