Colossal SriLankan Airlines losses, Airbus deal, a financial crime: Minister

Colossal SriLankan Airlines losses, Airbus deal, a financial crime: Minister

Colossal losses that state-run SriLankan Airlines was made to suffer since ex-President Mahinda Rajapaksa chased away Emirates Airlines, and a questionable aircraft deal, is a national financial crime, Deputy Minister Eran Wickramaratne said.

SriLankan Airlines, which made profit of 4.4 billion rupees in 2008, the year in which the management agreement with Emirates Airlines ended, has lost 107 billion rupees since, then.

http://www.economynext.com/Colossal_SriLankan_Airlines_losses,_Airbus_deal,_a_financial_crime__Minister-3-4571-6.html

Björn Arvidsson

Founder and General Manager, Razormind
Stockholm, Sweden
Sweden Sri Lanka Business Council, Chairman of board
Skål International Stockholm, Member of board
+4670-594 19 30
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