Sri Lanka's Airlines Lose Money

lkdood

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Sri Lanka's controversial state-run budget carrier Mihin Lanka lost 930 million rupees in 2009, despite support from the island's national carrier SriLankan, which itself made 12.2 billion rupees in operational losses, official data shows.

The two state airlines together have lost 13.1 billion rupees in operations according to data in the annual report of Sri Lanka's central bank.


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lkdood

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Apr 7, 2008
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Sri lankan government's spending is more than Rs. 1000 billion (1 trillion) per year

income (revenue) is going down

sri lankan, mihin & other government owned institutions losing money is not good
 
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