Former Minister Anura Priyadarshana Yapa granted bail

CB Governor decides to advance retirement owing to certain incidents

By Ashanthi Warunasuriya Governor of the Central Bank of Sri Lanka Professor W. D. Lakshman says he has decided to advance his retirement owing to certain incidents. The Governor said that his intention was to retire next month, after celebrating his 80th birthday. However, speaking at an online media briefing today, Lakshman said that he has decided to retire next week, 6 weeks in advance. He said that he brought forward his decision to retire owing to certain incidents which disappointed h

10 Sep, 2021

Indian aviation market to be ‘very large’ by FY30; to accommodate both Indian, Middle East carriers: CAPA Advisory

The impact on competition from the Gulf airlines has been a key concern for Indian carriers but as the market is expected to be very large by the financial year 2030, it can accommodate Indian as well as Middle Eastern carriers without strategic conflicts, CAPA Advisory said on Thursday. In a post-webinar presentation, CAPA Advisory projected that by 2029-30 India’s international traffic is estimated to increase by 50-60 million annual passengers from pre-COVID levels to reach 115-125 million.

11 Sep, 2021

Air France to commence direct flights to Colombo

Air France is to commence direct flights to Colombo from 01st of November 2021, Airport and Aviation Services (Sri Lanka) (Private) Limited announced today. The airline is planning to bring tourists from the regions such as Europe, the USA, Canada, Central America, and South America using its network and the services of joint-venture partners such as Delta Airlines [DL] USA and Virgin Atlantic [VS] UK. Airport and Aviation Services said that Air France operations will create a boom in the tour

10 Sep, 2021