July 2, 2015 (LBO) – Sri Lanka’s state owned SriLankan airline recorded a loss of 4.9 billion rupees during the first four months of 2015, statistics shows.
This has been resulted to increase the accumulated losses of the airline to 130.9 billion rupees.
This has been resulted to increase the accumulated losses of the airline to 130.9 billion rupees.
Accumulated losses of just under $1 Billion. That's about 1.5% of GDP. Huge amount any way you want to look at it.
The report says that the Government has decided to prepare a viable and comprehensive business plan for Sri Lankan Airline (SLA) and Mihin Lanka Ltd. and amalgamate these two airlines due to huge losses incurred.
“Both airlines are in the process of preparation of their business plans.” The report added.
http://www.lankabusinessonline.com/s...onths-of-2015/
“Both airlines are in the process of preparation of their business plans.” The report added.
http://www.lankabusinessonline.com/s...onths-of-2015/
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