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Billions in Passenger Funds Used to Keep Sri Lankan Airlines Afloat

Source: Lanka News
Category: Politics
Region: Sri Lanka
Published: July 21, 2026 at 04:29

๐Ÿ“ Summary

Fresh disclosures before Parliament have revealed that SriLankan Airlines retained approximately USD 63 million collected from departing passengers as embarkation levy payments, using the funds as working capital instead of transferring the money to Airport and Aviation Services (Sri Lanka) Limited (AASL), raising serious questions about financial governance within the state-owned carrier. The revelation was [โ€ฆ] The post Billions in Passenger Funds Used to Keep Sri Lankan Airlines Afloat appeared first on Lankanews.lk .

๐Ÿ”— Read Full Article at Lanka News โœจ Extract Article
๐Ÿท๏ธ Keywords:
funds airlines billions passenger used keep lankan afloat fresh disclosures

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