Sri Lanka, April 2 -- In a move to bolster its aviation capabilities and enhance services, the Cabinet of Ministers in Sri Lanka has approved the award of contracts for the procurement of wide-body aircraft for Sri Lankan Aviation Company Limited. This decision was made during the Cabinet meeting held on 18th March 2024.

Based on the recommendations of the Technical Evaluation Committee (TEC) and the standing procurement committee, the Cabinet has approved the award of contracts for the acquisition of four (04) wide-body aircraft on operational lease. Additionally, an additional aircraft has also been included in the procurement plan.

The details of the awarded contracts are as follows:

Obtaining 02 Aircrafts from ORIX Aviation:

Month...