The Sri Lankan government has appointed a new board for state-run SriLankan Airlines as it seeks to return the loss-making airline to profitability. The national carrier’s new board has been tasked with accelerating an ongoing restructuring of the company, with the eventual aim of finding a strategic investor that will participate in a public-private-partnership (PPP) arrangement. The new board is chaired by retired banker Ranjit Fernando, whose success in restructuring the formerly ...

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