Sri Lanka: Sri Lanka’s airline posts $525 million annual loss
2023-05-12
COLOMBO: Cash-strapped Sri Lanka’s national airline announced a staggering $525 million annual loss on Friday.With nearly 6,000 staff, SriLankan Airlines is the biggest and most expensive of the cash-haemorrhaging state companies that have drained the budget and compounded the worst financial crisis in Sri Lanka’s history.The bankrupt South Asian island’sContinue Reading