Sri Lankan Government is seeking foreign assistance to rescue the loss making national Air Line Carrier "Sri Lankan Air Lines" which experiencing nearly US Dollars 1 billion in debt according to Minister Of International Trade Sujeewa Senasinghe.The country cannot bear the Rs.128 billion (US Dollars 872 million)debt being experienced by Sri Lankan Air Lines at present the Minister has stated.
Sri Lankan Government is expecting to restructure Sri Lankan Air Lines with either through a management agreement with a Foreign Air Line or through direct foreign capital he has stressed.
Meanwhile according to official reports Sri Lankan Government was held talks with a Middle Eastern Carrier to form an agreement in view of handing over the management of Sri Lankan Air Lines to a Foreign Carrier.
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