SriLankan hoping to reduce excess staff

The govt is considering retrenching the excess staff of SriLankan airlines by measures such as voluntary retirement schemes, a report says. The airline will appoint a task force for the implementation of a proposal made by the committee appointed to look into the financial situation of the carrier. The airline is estimated to have an excess staff of 2,000 and that some 1,000 employees are between the ages of 50 and 55. By March 31, 2018, the carrier had incurred a loss of US$107m. The committee, in its report submitted to Public Enterprise Development minister Lakshman Kiriella, said the airline is hopeful of reducing the losses and had recommended that legacy liabilities should be removed from the balance sheet as early as possible. <br/>
Daily Mirror
http://www.dailymirror.lk/article/SriLankan-hoping-to-reduce-excess-staff-151814.html
6/26/18