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Monday June 3rd, 2024
Aviation

SriLankan Airlines US$175mn bond downgraded to C by Fitch

The 7 percent bond issued by SriLankan matures in 2024 and carries a government guarantee

April 14, 2022 4 min read

SriLankan Airlines seeks to lease up to 21 aircraft

The business plan of the airline necessitates a 35-aircraft-strong fleet by 2025

April 14, 2022 2 min read

SriLankan Airlines suspends flights to Russia from March 28

"SriLankan will continue to monitor the situation in Russia, and hopes to restart operations once conditions improve."

March 28, 2022 1 min read

Maldivian to fly to Sri Lanka's Ratmalana airport

First international flights to Ratmalana in 50 years

March 11, 2022 1 min read
Sri Lanka invites India's Alliance Air to fly to Ratmalana

Alliance Air which is now flying to Jaffna's KKS airport from Madras four times a week

Sri Lankan renegotiates leases to save US$160mn

IT, property and logistics contracts also renogiated

Sri Lanka to call for bids for airport bomb detectors

ECONOMYNEXT – Sri Lanka’s government plans to buy nine x-ray scanning machines to detect explosives at the...

August 21, 2019 1 min read

Qualified audit opinion on Sri Lanka airport operator over Mattala

ECONOMYNEXT – Sri Lanka’s auditor general has issued a qualified opinion on the annual accounts of Aviatio...

August 15, 2019 2 min read

SriLankan Catering flight kitchen in Rs.250mn expansion

State-owned SriLankan Catering Limited, which prepares meals for airlines at the Bandaranaike International Airport (BIA...

August 15, 2019 2 min read

SriLankan Airlines stops flights to Cochin due to floods

SrLankan Airlines said it has suspended flights to Cochin, India till Sunday August 11, 2019 after the airport was close...

August 9, 2019 1 min read

Border controls in three Sri Lanka domestic airports for regional flights

Sri Lanka will be setting up border control operations and certifying aerodomes in three domestic airports to serve regi...

August 1, 2019 2 min read

Sri Lanka plans South Asian flights out of Jaffna airport

Sri Lanka's upgraded Palaly airport in the Northern Jaffna peninsula will be able to accommodate regional airliners from...

July 28, 2019 1 min read

Sri Lanka to cut costs for airlines to revive tourism

ECONOMYNEXT - Sri Lanka will reduce aviation fuel prices, ground handling charges and embarkation levy to lure back airl...

July 8, 2019 2 min read

SriLankan Airlines to save Rs75mn by shifting corporate office

State-run SriLankan Airlines said it plans to save 75 million rupees a year by shifting its corporate offices from centr...

July 4, 2019 1 min read

SriLankan Airlines loses Rs12.9bn up to April 2019

State-run SriLankan Airlines has lost 12.9 billion rupees in the first four months of 2019, a finance ministry report sa...

July 2, 2019 1 min read

E-commerce bolsters SriLankan Airlines freight business

Rapid growth in highly profitable e-commerce shipments are helping increase the freight business of SriLankan Airlines w...

June 25, 2019 2 min read
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SriLankan Airlines to roll-over US$175mn bond

State-run SriLankan Airlines is to sell a 175 million US dollar bond to toll-over a similar sized issue that is maturing...

June 19, 2019 1 min read

SriLankan Airlines says govt-backed loans not defaulted, but extended

State-run SriLankan Airlines said it had not defaulted on loans backed by the government which the Treasury said it had ...

June 17, 2019 2 min read

SriLankan Airlines defaults on some state-backed loans

State-run SriLankan Airlines has defaulted on loans which have been backed by government, a Finance Ministry report has ...

June 15, 2019 2 min read

India shows Sri Lanka love in the air

Air India will resume its additional flight on the Delhi-Colombo route from July 15 after Indian Prime Minister Narendra...

June 11, 2019 2 min read

Sri Lanka in talks for investments from global logistics firms

ECONOMYNEXT- Sri Lanka is having talks with some of the world’s biggest logistics firms like Germany’s DB ...

June 7, 2019 2 min read

SriLankan named world's most punctual airline by flightstats.com

Sri Lanka's state-run Srilankan Airlines had been named the world's most punctual airline with 90.75 percent of its flig...

June 7, 2019 2 min read

SriLankan Airlines to resume flights to Karachi

ECONOMYNEXT - SriLankan Airlines is to resume services to Pakistan’s commercial capital Karachi on 1st June 2019 ...

May 31, 2019 1 min read

Sri Lanka airport security to get more passenger friendly: official

Draconian security measures at Sri Lanka's Bandaranayake International Airport (BIA) in Katunayake after Easter Sunday b...

May 10, 2019 3 min read

New traffic plan at Sri Lanka’s Bandaranaike International Airport

ECONOMYNEXT – A new traffic plan has been put in place at Sri Lanka’s Bandaranaike International Airport t...

May 9, 2019 1 min read

New air cargo terminal at Sri Lanka’s Bandaranaike International Airport

ECONOMYNEXT – The Sri Lankan government has approved plans to build another air cargo terminal at the Bandaranaik...

May 8, 2019 1 min read
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