SriLankan Airlines has appointed a new Board of Directors, with Sarath Ganegoda taking on the role of Chairman. The newly formed board includes Buddhika Hewawasam, Sugath Rajapakse, Eranga Rohan Peiris, D. Arandara, Ananda Athukorale, Lakmal Ratnayake, and Niranjan Arulpragasam.
In light of the escalating hostilities between Iran and Israel, SriLankan Airlines has announced a rerouting of its direct flight to London. The precautionary measure involves altering the flight path to avoid airspace over Iraq, with the new route passing over Egypt. Deepal Perera, the Manager of Corporate Communications for SriLankan Airlines, confirmed that the
The Cabinet of Ministers has decided to terminate the current sale process of SriLankan Airlines, according to the State-Owned Enterprises Restructuring Unit. The government plans to adopt an alternative strategy, which will be determined soon, to divest the airline based on a new framework approved by the Cabinet. Initially, six parties responded to the call
Sri Lanka’s national carrier, SriLankan Airlines, has reported a turnaround in its financial performance, swinging from a massive loss in 2023 to a net profit in the first nine months of 2024. This positive shift is largely attributed to the stabilization of the Sri Lankan rupee after a period of depreciation. The airline recorded a
Sri Lanka’s national carrier, SriLankan Airlines, is undergoing a significant restructuring effort to attract new investors. The government aims to make the airline more appealing by absorbing a substantial portion of its debt and implementing cost-cutting measures. The government plans to absorb $512 million of the airline’s debt, hoping to reduce the overall burden to