News
SriLankan to be grilled by COPE next Monday
The senior management of SriLankan Airlines had been summoned before the COPE to inquire into its current performance, COPE Chairman Prof. Charitha Herath said.
SriLankan Airlines is scheduled to appear before COPE next Monday (25) at 10.00 am.
The Chairman of COPE stated that the SriLankan management will also be questioned about its bidding process for the lease of 21 aircraft that made headlines recently.
Sri Lanka’s national carrier, SriLankan Airlines, announced, on 14 April, that it had made four requests for proposal (RFPs) to lease up to 21 aircraft to support its long-term business strategy.
The airline announced that the order included two RFPs covering existing fleet types (320 and 330 family aircraft) and two parallel RFPs to compare with alternative aircraft types.
Roughly 60 percent of the planned aircraft will be for fleet replacement, and the remainder would be to support the airline’s expansion strategy and meet the growing demand for air travel between Sri Lanka and the world, it said.
In 2019, SriLankan had an all-Airbus fleet of 27 wide and narrow-bodied aircraft to service its short and long-haul operations.
The airline said that during the pandemic there were no replacements for three aircraft that left the fleet.
The airline currently has 24 aircraft to operate to 40 destinations in 25 countries.
Issuing a press release SriLankan said it was planning for measured growth in the next three years through frequency increases and the addition of new destinations as international travel is in a trajectory of recovery from the pandemic.
The business plan of the airline necessitates a 35-aircraft-strong fleet by 2025.
Additionally, it is critical to lease replacement aircraft when existing aircraft leases expire to sustain operations. Considering these factors, SriLankan plans to lease up to 21 aircraft from the forthcoming RFP process, the airline said.
News
Draft of the Appropriation Bill for the Financial Year 2027 su mitted to the Parliament
Approval of the Cabinet of Ministers was granted to the preparation of the Appropriation Bill for the financial year of 2027 at their meeting held on 30.06.2026.
Accordingly, clearance of the Attorney General has been given to the Appropriation Bill prepared by the Legal Draftsman.
Therefore, the Cabinet of Ministers approved the resolution furnished by the President in his capacity as the Minister of Finance, Planning and Economic Development to publish the aforementioned draft bill in the government gazette notification and thereby submit the same to the Parliament for its concurrence.
Latest News
Cabinet approves aditional Rs. 2,500 million to the Paddy Marketing Board to purchase 2026 Yala harvest
The Cabinet of Ministers has approved the resolution furnished by the Minister of Agriculture, Livestock, Land and Irrigation to provide an additional Rs. 2,500 million to the Paddy Marketing Board on a reimbursable basis from the Rs. 7,500 million additional allocations granted to the Ministry to implement
the expedited paddy purchasing program for the 2026 Yala harvest.
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Cabinet nod to host the 8th Asian Regional Conference of the Commonwealth Parliamentary Association and the 3rd Joint Asian and South-East Asian Regional Conference of the Commonwealth Parliamentary Association
The 8th Asian Regional Conference of the Commonwealth Parliamentary Association (CPA) and the 3rd Joint Asian and South-East Asian Regional Conference of the CPA are planned to be held over three days in Colombo during April/May 2027.
Approximately 90 delegates including speakers, Deputy Speakers, Member of Parliamentarians, and Parliamentary officers representing member countries of the Commonwealth Parliamentary Association, in the Asian and South-East Asian regions, are expected to participate in these conferences.
The Cabinet of Ministers has approved the resolution furnished by the Prime Minister of the Parliament of Sri Lanka to host the said conferences considering the opportunities to strengthen parliamentary diplomacy and regional cooperation, as well as to enhance international recognition of the Parliament of Sri Lanka within the Commonwealth Parliamentary Association.
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