The+Circular+on+school+fund+raising+cancelled
Tuesday, 29 January 2019 - 18:24
The Circular on school fund raising cancelled
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The Commission appointed to obtain views on the future of Sri Lankan Airlines has recommended that the national career could be revived by restructuring its debts and pumping new capital.

The chairman of the committee handed over the report to the President yesterday.

It is reported that the commission has also made recommendations on liquidating the establishment, re-establishing it, management agreement, debt restructuring, and pumping more capital.

The commission was appointed by the President to obtain such recommendations on January 7th this year.

The National Career, Sri Lankan Airlines reported massive financial losses continuously during the past several years and, it has incurred a loss of 40 billion rupees in only the last nine months.
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