Sri lankan's Unbiased Online Daily

Sri lankan's Unbiased Online Daily


Saturday, March 15, 2008

Low-cost airline faces bankruptcy

posted by Editor at

Troubled low-cost airline Mihin Lanka, which was set up to provide cheap flights between Sri Lanka and the Middle East, faces bankruptcy just 11 months after initial flights began unless its financial performance improves. Fully owned by the Sri Lankan government, it has suffered mounting losses and has a reputation for poor service and delays. Set up to shuttle workers from Sri Lanka to their jobs around the Middle East region, destinations include Dubai.

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