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Expert Committee Appointed to Restructure SriLankan Airlines
The Pulse
EconomyPoliticsHOT5h ago

Expert Committee Appointed to Restructure SriLankan Airlines

TLDR
  • Expert committee appointed to restructure SriLankan Airlines.

  • Chaired by Dr. Hans Wijayasuriya; includes Duminda Hulangamuwa.

  • Deshal de Mel, Dumith Fernando join restructuring team.

  • Aim: Long-term financial sustainability and commercial viability.

The Cabinet of Ministers has granted approval for the establishment of a special committee to conduct a strategic assessment and restructuring of SriLankan Airlines. The committee will be chaired by Dr. Hans Wijayasuriya, who also serves as the Presidential Senior Adviser on Digital Economy. Its mandate is to perform an independent assessment and recommend the most suitable course of action for the national carrier's long-term financial sustainability and commercial viability. Key members include Presidential Senior Economic Adviser Duminda Hulangamuwa and finance and corporate strategy expert Deepal de Mel, along with representation from the Ministry of Finance and the Ministry of Transport.

Story Update

Update #2\u00b7 Jun 12 · 12:04 PM

The Cabinet of Ministers has approved the appointment of an expert committee to strategically review and restructure SriLankan Airlines. The committee will be chaired by Dr. Hans Wijesuriya, Senior Advisor to the President on Digital Economy. Key members include Duminda Hulangamuwa (Senior Economic Advisor to the President), Deshal de Mel (Financial and Corporate Strategy Specialist), and Dumith Fernando (Transactions and Investment Banking, Mergers and Acquisitions Specialist). Representatives from the Ministry of Finance and the Ministry of Transport, Highways, and Urban Development will also be part of the committee.

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