Wednesday, 26 September 2001 |
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SriLankan takes to the skies again SriLankan Airlines resumed its outbound flights from Colombo yesterday afternoon after the Sri Lanka Government announced that it will offer the 1.45 billion US dollars indemnity asked by the airlines financiers. Earlier the airline delayed its outbound flights from Colombo pending negotiations with the government for an indemnity against the war risk premium which skyrocketed after the attack on the World Trade Centre in the USA. The SriLankan Airlines in a press release issued yesterday said it was compelled to delay some of its flights yesterday morning because its insurers made a decision over the weekend to reduce their war risk cover from 1.5 billion US dollars to fifty million US dollars from midnight on Monday. The shortfall of 1.45 billion US dollars had to be met and the airline now confirms that negotiations with the Sri Lanka government to obtain this indemnity have been successful and its scheduled flights will now operate as normal. |
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