From Lankapuwak - By Pachini Borugala
It has been announced that Srilankan Airlines is entering into a joint venture with Virgin Atlantic. Behind the scenes discussions has been progressing during the last few weeks since Premier Ranil Wickramasinghe met him at world economic forum in Davos, Switzerland.
A select group of confidantes of the Premier has been conducting the discussions with Sir Richard Bransons team in UK, Bahamas & Sri Lanka. The news is that situation is so bad at Srilankan Airlines is technically insolvent & survives with help from the Treasury. In particular the Finance Minister is livid at the way the airline requires money & he had given a ultimatum to The President & The Premier if this situation is not solved it could make the government fall in the near future.
No formal welcome is planned for Mr Richard Branson but VVIP treatment is expected on the card.