Sri Lankan Gov’t To Absorb National Airlines’ 510 Million USD Debt
COLOMBO, Mac 5 (NNN-XINHUA) – Sri Lanka’s cabinet, approved a proposal to absorb SriLankan Airlines’ outstanding debt of 510 million U.S. dollars, by the government, a minister said, today.
Minister of Ports, Shipping and Aviation, Nimal Siripala de Silva, told the media that, the cabinet approval was also given to allocate funds to maintain services of the national carrier for another six months.