Cabinet nod to retire 560 SriLankan Airlines employees within three years

17 November 2020 06:08 pm Views - {{hitsCtrl.values.hits}} 8 Bookmark

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The Cabinet today endorsed the proposal on Voluntary Retirement Scheme of Sri Lankan Airlines Ltd., under which a total of approximately 560 employees would be retired within three years.

The scheme is to be implemented considering the financial crisis faced by the Sri Lankan Airlines Ltd .

Accordingly, a three- member committee chaired by the Secretary to the State Ministry of Aviation and Export Zones Development has been appointed to study the relevant matter.

It has been recommended to carry out the proposed Scheme without hindrance to the operations of the company for the next three years.

It is expected that approximately, 560 employees will be retired under the scheme and it is estimated that Rs.1.46 Billion will cost on it.

The proposal was tabled by Tourism Minister Prasanna Ranatunga. (Sheain Fernandopulle)

Comments - 8

docuk Tuesday, 17 November 2020 06:41 PM

VRS and hire again. 1000 plus should be just fired, for incompetancy including the CEO.

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Elephant white Tuesday, 17 November 2020 08:08 PM

Sri lanka cannot afford this airline anymore. Close it down.

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BigEars Tuesday, 17 November 2020 09:09 PM

Better retire the airline.

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Pantha KUMARAN Tuesday, 17 November 2020 09:31 PM

For the shake of our nation please close down Srilankan Airlines once and for all. Let the government sell the routes to private airline. Had MR allow Emirates to manage our airline we would not have incurred such a huge loss. Past is past.

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ghry Tuesday, 17 November 2020 10:06 PM

Well done, real practical approach to revitalize the national asset.

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VJ Tuesday, 17 November 2020 10:36 PM

Why do we need a national airline? We can have one when we can afford it. Ghana now a wealthy country with newly found resources, did not have a national carrier since 2014. Only recently they have formed a national airline in partnership with Egypt air. If it is simply for pride, then we have to pay the price.

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Dee Tuesday, 17 November 2020 10:38 PM

Will some bright spark propose to lease some A380's cause they are at an all time low going price (since everyone is dumping them) irrespective of whether we have passengers or not?

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K. L. Pathirana Wednesday, 18 November 2020 10:48 AM

High pay and unnecessary benefits to the CEO's and directors is costing the NC of a net loss. It is a tradition to attach the unqualified political clans to a gravy train with plenty perks. Why do we have to pay the BOD and a dumb ass CEO for generating a net loss for the NC ? Put some QUALIFIED PERSONS TO OPERATE THE NC Effectively.

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