An organisation, calling itself People’s Movement for Free Health Services, yesterday, protested opposite the Health Ministry demanding that the government take immediate action to address the serious shortage of medicine in the state-run hospitals (Pic by Jude Denzil Pathiraja)

National carrier has become a drain on economy - COPE

Loss amounts to Rs. 17,058.1 mn

SriLankan had become a drain on the economy, and the situation had been exacerbated by compensation paid for terminating an airbus deal, Parliament was told, yesterday.

Tabling a COPE (Committee on Public Enterprises) on SriLankan Airlines, COPE Chairman MP Sunil Handunnetti said the country’s economy had suffered heavily as USD 115.77 million or Rs. 17,058.1 million had to be paid as compensation when SriLankan abruptly terminated the agreements for acquiring four A 350-900 aircraft, without an adequate cost-benefit analysis.

The COPE report is on the investigations into the replacement of the SriLankan fleet and the termination of the agreement for the acquisition of eight A 350-900 aircraft.



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