UNP urges SriLankan Airlines to cancel proposals to lease new aircrafts

UNP urges SriLankan Airlines to cancel proposals to lease new aircrafts

April 15, 2022   05:47 pm

The United National Party (UNP) has urged the SriLankan Airlines to cancel the requests for proposal (RFPs) to lease new aircraft.

In a statement issued today (April 15), the UNP said it is astounded to learn that the national carrier has released an Expression of Interest for the lease of aircraft for the airline.

“SriLankan Airlines has been classified as a loss-making enterprise by both the Committee on Public Enterprise (CoPE) and the International Monetary Fund (IMF),” it read further.

The UNP said any plans for expansion must be halted immediately and the Board of Directors must present an explanation to the Parliament regarding this decision, and noted that the government has announced that they will not be servicing the country’s external debts.

“This default by the government is an announcement to the global community that the country is now bankrupt,” the UNP said, urging the government and the Board of Directors to explain to the public why they decided to take this decision despite the country facing a devalued currency and a default on our debt.

“Furthermore, the government is in negotiations with the Indian government over an additional Line of Credit to purchase essential food items and medicine,” the statement read further.

However, the irresponsible decision to seek the lease of a new aircraft for a loss-making airline will result in India questioning the practicality of providing Sri Lanka with further funding, the UNP pointed out.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Sri Lanka Tourism Awards 2024 held in Colombo (English)

Fitch raises Sri Lanka rating to 'CCC+' after creditor nod to debt overhaul (English)

CBSL introduces new loan rescheduling measures for SMEs (English)

'Hard work and sacrifice paid off': Treasury Secretary hails Sri Lanka exiting default (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Deputy Minister discusses challenges hindering Sri Lankan industries' growth with WB officials (English)