SriLankan Airlines will revisit its already approved business plan as initial intentions to turnaround in one year gets shelved.
The previous business plan to restructure the loans from the two state banks are underway but now the airline wants to find foreign institutions to borrow in future, SriLankan Airlines Chairman Ashok Pathirage said at the media briefing on Monday in Colombo.
The only foreign borrowing has been so far from Credit Suisse of $30 million, he said.
Recovery plans at present are likely to bring the airline's operations back by 40 per cent by December and about 70 per cent by March next year.
The Committee on High Posts has approved the nomination of Former Air Force Commander Air Chief Marshal (Retd.)
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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