- Last Update 2024-11-12 19:44:00
SriLankan Airlines to revisit biz plan
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.
-
Still No Comments Posted.
- November 7, 2024 - 547 - 0
Sri Lanka’s upgraded online passport appointment system eliminates month-long queues and mafia
- November 10, 2024 - 497 - 0
Senior State Counsel Shaminda Wickrema interdicted
The Attorney General’s Department has interdicted Senior State Counsel (SSC) Shaminda Wickrema.
- November 6, 2024 - 277 - 0
Four Custom Officers convicted 35 years of RI over Rs 125 Million bribery case
- November 10, 2024 - 234 - 0
Passenger on wheelchair arrested with narcotics at BIA
A passenger trying pass the Customs officials on a wheelchair was arrested with narcotics last night at the Bandaranaike International Airport.
Related Articles
Gazette issued summoning new Parliament
- 12/11/2024 - 49 - 0
Two Chinese women arrested in Kandy
- 12/11/2024 - 41 - 0
Met Department website hacked
- 12/11/2024 - 51 - 0
Twelve Indian fishermen held for poaching in North
- 12/11/2024 - 17 - 0
Leave Comments