SriLankan Airlines has incurred Rs. 528 billion in cumulative losses since 2008, following the termination of its partnership with Emirates, President Anura Kumara Dissanayake has said.
Speaking during the presentation of the 2027 Budget in Parliament today (November 12), the President said the losses followed the decision by former President Mahinda Rajapaksa to end the partnership, reportedly over a personal issue.
The 10-year management partnership between SriLankan Airlines and Emirates ended in March 2008, following which the Sri Lankan Government assumed control of the national carrier's management.
