Categories: Headlines

SriLankan airline’s future: Govt. decision by July 30

Government will, within the next 30 days, take a final decision on the future of the country’s national carrier,Srilankan, informed sources said yesterday.

They said the government would decide whether to covert Srilankan into a public-private- partnership,

a State-owned venture or to privatize it and would reveal its decisions by way of a public statement on July 30,”

The sources said the International Monetary Fund (IMF) had also instructed the government to take a decision soon.

This comes amid the previous disclosure that some airlines have had informal talks with the Sri Lankan Government on partnering the national carrier. Government had also said that it was considering operating the airline on the basis of a public-private-partnership so that it would be turned into a profit-making venture.

AddThis Website Tools
Lankanewspapers

Recent Posts

LNP – ‘If we fail to negotiate on US tariffs, we have other options’: Minister on Sri Lanka’s stance

LNP – ‘If we fail to negotiate on US tariffs, we have other options’: Minister on Sri Lanka’s stance

Sri Lanka’s Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando…

1 hour ago
LNP – Oil prices fall into negative territory as Trump announces new tariffs

LNP – Oil prices fall into negative territory as Trump announces new tariffs

Oil prices fell to negative territory after rising by a dollar in post-settlement trade on…

4 hours ago
LNP – President appoints expert panel to evaluate US tariff impact, propose solutions

LNP – President appoints expert panel to evaluate US tariff impact, propose solutions

President Anura Kumara Dissanayake has appointed a high-level committee to analyze the potential economic impact…

4 hours ago
LNP – TN Assembly passes resolution to reclaim Katchatheevu Island from Sri Lanka

LNP – TN Assembly passes resolution to reclaim Katchatheevu Island from Sri Lanka

The Tamil Nadu Assembly on Wednesday passed a resolution urging the Indian government to retrieve…

4 hours ago
LNP – CID arrests trio for altering data to steal Rs. 27 Mn from Ayurvedic Corporation

LNP – CID arrests trio for altering data to steal Rs. 27 Mn from Ayurvedic Corporation

Three suspects, including two women, were arrested by the Criminal Investigation Department (CID) for defrauding…

6 hours ago
LNP – Trump announces sweeping global trade tariffs – including 44% on Sri Lanka

LNP – Trump announces sweeping global trade tariffs – including 44% on Sri Lanka

United States President Donald Trump on Wednesday announced a sweeping set of reciprocal tariffs, imposing…

11 hours ago