Sri Lankan Airlines suffering losses due to mismanagement

(October 23, Colombo, Sri Lanka Guardian) Sri Lankan Airlines is suffering losses due to mismanagement, said Joseph Michael Perera, Chief Opposition Whip in parliament on yesterday morning. Directing a question at the government, he queried the measures taken to ensure that this company returns to being a profitable organisation.

Responding, Chamal Rajapaksa, Minister of Civil Aviation said that SriLankan Airlines had been suffering losses even at the time it was taken over by the government.

He observed that measures had been taken to remove old aircraft, introduce new aircraft and replace routes with more profitable ones.

Joining the debate, UNP MP Ravi Karunanayake pointed out that a large amount of reserves, which were in the possession of the company, had been lost by the present administration.
-Sri Lanka Guardian