The Sri Lankan government has announced a comprehensive plan to settle the airline’s debt.
Delivering the 2025 Budget speech in Parliament today (Feb. 17), President Anura Kumara Dissanayake said that the government will sign an agreement with the concerned banks and allocate Rs. 10,000 million for loan capital repayment in 2025, along with an additional Rs. 10,000 million for interest payments.
The Airline would be fully responsible for ensuring operating profitability once these legacy debt service costs are settled by the government, he said.
