Government pledges to make SriLankan airlines profitable amid mounting losses
Sri Lanka, Nov. 10 -- Cabinet spokesperson minister Nalinda Jayatissa says the government remains committed to turning SriLankan Airlines into a profitable operation, noting that progress has already been made towards achieving this objective.
He said the increase in tourist arrivals presented an opportunity to strengthen the national carrier and that the government aimed to bring it to a position where it could operate without incurring losses.
Jayatissa added that the financial allocation required for the initiative would be specified in the 2027 Budget.
His remarks follow the release of the Finance Ministry's Mid-Year Fiscal Position Report, which highlighted the airline's continuing financial difficulties.
According to the report,...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.