Sri Lankan Government Absorbs 50% of SriLankan Airlines’ Debt to Facilitate Restructuring

The Sri Lankan government has made the decision to absorb 50% of the debt owed by SriLankan Airlines in order to attract potential investors and facilitate the restructuring of the national carrier, which has struggled to find a buyer. Aviation Minister Nimal Siripala de Silva announced today that the State Property Restructuring Unit has received … Continue reading Sri Lankan Government Absorbs 50% of SriLankan Airlines’ Debt to Facilitate Restructuring