Facebook icon
Twitter icon
e-mail icon

Tourism boom? Bailout to save state-owned airlines making ‘record losses’

President Mahinda Rajapaksa has announced in his budget speech to parliament that state-owned airlines SriLankan and Mihin Lanka will receive a $200mn bailout.

SriLankan will receive $150mn and Mihin Lanka $50mn from the state, according to LBO, which described both companies as making “record losses”.

We need your support

Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.

Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view

We need your support in keeping our journalism going. Support our work today.

For more ways to donate visit https://donate.tamilguardian.com.