• Tuesday, August 03, 2021
India Corona Update 
Total Fatalities 251,323
Total Cases 23,126,534
Today's Fatalities 3,879
Today's Cases 329,517
India corona update 
Total Fatalities 251,323
Total Cases 23,126,534
Today's Fatalities 3,879
Today's Cases 329,517

News

SriLankan Airlines restructuring plan to reduce costs

By: AswathyNair

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.

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