SL: MIHIN AIR LOSS: MORE THAN 3 BILLION RUPEES!!!

Still no-go for Mihin Lanka

By Kelum Bandara
The government’s budget airline Mihin Lanka continues to remain grounded since it stopped its flights in May even after certain administrative changes including the appointment of a new CEO were made recently.

The airline’s efforts to obtain an aircraft from China have also not materialized though a team of officials from the Aviation Ministry visited China seeking to negotiate a new lease of an aircraft.

Still
Deputy Aviation Minister Sarath Gunaratne said there were problems about obtaining aircraft from this Chinese company as they did not conform to international standards even though the aircraft were relatively cheaper.

The Deputy Minister said the Ministry would meet the new directors of Mihin Lanka this week to discuss measures that need to be taken to revamp the cash-strapped airline.

Mihin Lanka, which was launched in 2007 incurred a massive loss of more than Rs.3,000 million before it came to be grounded.
courtesy:dailymirror.lk