Court Halts Winding-Up Case Against SriLankan Airlines
Sri Lanka’s Commercial High Court has temporarily stayed a winding-up petition filed against SriLankan Airlines over a bond default. The… Read More »
SriLankan Airlines Adds First New Widebody in Seven Years
SriLankan Airlines has taken delivery of its first new widebody aircraft in seven years, adding much-needed capacity amid a prolonged… Read More »
Gov’t Pushes Governance Reform at SriLankan Airlines
The Sri Lankan government plans to introduce the Public Commercial Businesses Bill to improve governance, financial transparency, and accountability at… Read More »
SriLankan Airlines Expansion Plans Face Financial Uncertainty
Sri Lanka’s government is still undecided on how to finance the expansion of state-owned carrier SriLankan Airlines, as reported by… Read More »
SriLankan Airlines Embarks on 5-Year Growth Plan
State-owned SriLankan Airlines is set to launch an ambitious five-year plan aimed at transforming its operations and financial performance. In… Read More »
SriLankan Airlines Gets $67.5M, CEO Plans Fleet Expansion
SriLankan Airlines is set to receive LKR20 billion ($67.5 million) from the Sri Lankan government to service debt and interest… Read More »
SriLankan Airlines to Remain State-Owned
Sri Lankan President Anura Kumara Dissanayake has announced that SriLankan Airlines (UL) will remain a state-owned entity, effectively ending yet… Read More »
Investigation Launched After SriLankan Airlines Cockpit Incident
An investigation is currently underway following a serious incident involving a SriLankan Airlines pilot who locked his co-pilot out of… Read More »
SriLankan Airlines Stake Sale Postponed Until After Presidential Election
The Sri Lankan government has decided to delay the sale of a stake in SriLankan Airlines (UL) until after the… Read More »
Six Companies, Including AirAsia Affiliate, Advance in Bidding for SriLankan Airlines
Six firms have progressed to the next stage in the process to acquire a majority stake in SriLankan Airlines, as… Read More »
Potential Investors Rethink SriLankan Airlines Stake Amid Negative Publicity, Says Minister
Sri Lanka’s Aviation Minister, Nimal Siripala, has voiced concerns over the cooling interest of potential investors in acquiring a majority… Read More »
Rat Incident Grounds SriLankan Airlines Airbus A330 for Days
A SriLankan Airlines Airbus A330-300 was forced to remain grounded for three days at Colombo Bandaranaike International Airport following the… Read More »
SriLankan Airlines Sale: Deadline for Prequalification Extended Again
In a recent move by the Sri Lankan government, the prequalification deadline for acquiring a majority stake in SriLankan Airlines,… Read More »
SriLankan Airlines Faces Third Bond Payment Default Amid Financial Challenges
In a recent development, SriLankan Airlines has announced its inability to meet the bond repayment scheduled for December 25, 2023…. Read More »
New Deadline Set for SriLankan Airlines’ Privatisation RFQ as Potential Bidders Seek Extension
Sri Lanka’s State Enterprises Restructuring Unit (SRU) has extended the deadline for the submission of Request For Qualification (RFQ) applications… Read More »
SriLankan Airlines Draws Interest from Sixteen Entities in Privatization Bid
Sixteen potential bidders have shown keen interest in participating in the partial privatization of SriLankan Airlines, as reported by local… Read More »
Sri Lankan Government Allocates $335.8 Million to Settle SriLankan Airlines Debt Ahead of Privatization
In preparation for the partial privatization of SriLankan Airlines, the Sri Lankan government is set to allocate LKR109.9 billion rupees… Read More »
SriLankan Airlines Partial Privatization: Government Invites Bids for Majority Stake
The Sri Lankan government has officially opened the doors for interested parties to prequalify for the bidding process aimed at… Read More »
Sri Lanka Opens Bidding for State-owned SriLankan Airlines Amidst IMF Program
Sri Lanka is actively seeking bids for its state-owned airline, SriLankan Airlines, as part of its commitment to diminish losses… Read More »
Warning Issued as Sri Lanka Plans Partial Privatization of SriLankan Airlines
Sri Lanka’s Minister of Ports, Shipping, and Aviation, Nimal Siripala de Silva, has issued a warning that more aircraft at… Read More »
SriLankan Airlines Privatisation Set to Conclude by Late Q2 2024
The privatisation process of Sri Lanka’s state-owned carrier, SriLankan Airlines, is anticipated to be finalized by June 30, 2024, according… Read More »
SriLankan Airlines Extends Inflight Dublin IFE Contract
Inflight Dublin’s partnership with SriLankan Airlines has been extended for another three years. According to Inflight Dublin, the decision was… Read More »