Sri Lanka’s national carrier, SriLankan Airlines says it has introduced a restructuring program with a new plan to reduce costs.

All the airlines in the world are in a crisis in the face of the COVID-19 pandemic due to increased administrative, managerial and maintenance costs and decreased revenues. Many airline companies have focused on human resource management.

SriLankan Airlines is also in a crisis as never before in its 40 year history as travelers all over the world have restricted air travel SriLankan Airlines Chairman Ashok Pathirage told a media briefing in Colombo yesterday.

However, the national carrier expects to resume the services from August 1 introducing new destinations at a lower cost. This is to be done with state intervention under a loan scheme with two state banks.

The cabinet of ministers has already focused its attention on restructuring the national carrier, the Chairman said.