SriLankan Airlines is seeking to cancel some of its outstanding order backlog in an attempt to slow ongoing losses of up to LKR460 billion ($3.1 billion). The Sri Lanka flag carrier ordered six Airbus A330s and four A350-900 aircraft in 2013 in a $2.3 billion deal, and has taken delivery of the A330s. However, local media reports indicate Sri Lankan Prime Minister Ranil Wickremesinghe is looking to cancel the carrier’s contract for the A350s, with a potential penalty of up to $50 ...

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