Bankrupt Mihin owes SriLankan Rs 745 mn for services rendered



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 By Rathindra Kuruwita 


Mihin Lanka owed SriLankan Airlines more than Rs. 745 million, the Presidential Commission of Inquiry (PCoI) on irregularities at SriLankan Airlines, SriLankan Catering and Mihin Lanka was informed, yesterday.


 Chulani Jayasuriya, Credit Control Manager at SriLankan told the PCoI that Mihin Lanka owed them money for a number of services provided over the years.


"They comprise engineering services, including maintenance and spares, ground handling, interlining, rent, electricity and professional services. Altogether this comes to Rs. 745,431,767 and we have informed the Mihin Lanka liquidator of this," she said.


 Last week Sudath Kumara, who is the liquidator of Mihin Lanka, informed the Commission that the airline had assets worth Rs. 544 million and liabilities worth Rs. 6.1 billion. 


He added that ten institutions and persons had also come forward with claims that the airline owed them money. "They include Bank of Ceylon, People’s Bank, the EPF, Commissioner of Labour, SriLankan Airlines, SriLankan Catering. I am currently looking at these claims to determine whether what they are asking are correct figures,."


 Interlining is ‘a voluntary commercial agreement between individual airlines to handle passengers traveling on itineraries that require multiple flights on multiple airlines. Such agreements allow passengers to change from one flight on one airline to another flight on another airline without having to gather their bags or check-in again.’


 
 
 
 
 
 
 
 
 
 
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