Sri Lanka National Airlines

Sri Lanka's national airline on Tuesday blamed a rat for grounding a plane for three days, sparking chaotic delays and fears it will scare off investors for the cash-strapped carrier.

Sri Lanka's new government plans to sell its national airline to stem losses, part of efforts to stabilize the nation's finances even as authorities are forced to print money to pay government salaries.

Cash-strapped Sri Lanka's loss-making national carrier revealed plans Thursday to lease up to 21 aircraft, just two days after the government announced a default on its $51 billion foreign debt.

The former chief of Sri Lanka's national carrier was arrested Thursday over the allegations that he received bribes for a multi-billion-dollar Airbus aircraft deal, as the fallout from corruption probes into the aviation giant grew.

Sri Lanka's national air carrier, SriLankan Airlines, has been named the "World's Most Punctual Airline" by global flight data analysis company Flightstats, a statement from the Airline said on Friday.

Sri Lanka's national airline said Wednesday it has stopped serving cashews after the country's president flew into a rage over nuts served to him on a flight to Colombo.

The International Monetary Fund announced the release of the latest instalment of Sri Lanka's $1.5 billion bailout on Saturday, but warned that restructuring the loss-making national airline was essential to sustain economic recovery.

Sri Lanka's cash-strapped national carrier said Wednesday it will pay a penalty for cancelling leases on four Airbus A350s, with official sources putting the figure at about $115 million.

Sri Lanka's new government has ordered a criminal investigation into alleged corruption at the state-run national airline that it says involved "billions of dollars".

Sri Lanka's national airline on Tuesday blamed a rat for grounding a plane for three days, sparking chaotic delays and fears it will scare off investors for the cash-strapped carrier.

Sri Lanka's new government plans to sell its national airline to stem losses, part of efforts to stabilize the nation's finances even as authorities are forced to print money to pay government salaries.

Cash-strapped Sri Lanka's loss-making national carrier revealed plans Thursday to lease up to 21 aircraft, just two days after the government announced a default on its $51 billion foreign debt.

The former chief of Sri Lanka's national carrier was arrested Thursday over the allegations that he received bribes for a multi-billion-dollar Airbus aircraft deal, as the fallout from corruption probes into the aviation giant grew.

Sri Lanka's national air carrier, SriLankan Airlines, has been named the "World's Most Punctual Airline" by global flight data analysis company Flightstats, a statement from the Airline said on Friday.

Sri Lanka's national airline said Wednesday it has stopped serving cashews after the country's president flew into a rage over nuts served to him on a flight to Colombo.

The International Monetary Fund announced the release of the latest instalment of Sri Lanka's $1.5 billion bailout on Saturday, but warned that restructuring the loss-making national airline was essential to sustain economic recovery.

Sri Lanka's cash-strapped national carrier said Wednesday it will pay a penalty for cancelling leases on four Airbus A350s, with official sources putting the figure at about $115 million.

Sri Lanka's new government has ordered a criminal investigation into alleged corruption at the state-run national airline that it says involved "billions of dollars".