Rs 13.5bn bailout for SriLankan Airlines

COLOMBO (News 1st) – Reports have emerged that two state banks are preparing to extend financial assistance of Rs. 13.5 billion to bail out the cash-strapped SriLankan Airlines. According to the Daily Mirror, Public Enterprise Development Minister Lakshman Kiriella had submitted the Cabinet memorandum in this regard. The newspaper also reports that the two state […]

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