Sri Lankan authorities extend waiver on landing and parking fees for international airlines
Sri Lanka’s Cabinet of Ministers has reportedly granted approval to extend a waiver on landing and parking fees for international airlines flying into the country’s Bandaranaike International Airport (BIA) and Mattala Rajapaksa International Airport until July 2021.
According to local media reports, the Cabinet of Ministers has granted approval for the initial waiver that was in affect from 26 December 2020 to 19 January, to be extended till 19 July based on a Cabinet paper submitted by Sri Lanka’s Tourism Minister Prasanna Ranatunga.
The temporary waiver of airport fees is aimed at encouraging the airline sector, which is facing a crisis, to fly passengers to Sri Lanka and international airlines will continue to operate according to specific schedules prepared by the Ministry of Tourism and the Civil Aviation Authority of Sri Lanka, Sri Lanka’s Cabinet Co-Spokesperson Minister Udaya Gammanpila has been quoted as saying.
The Cabinet of Ministers had earlier granted approval to waive off landing and parking fees for international as a pilot project.
OSL take:
The government of Sri Lanka are focused on getting more airlines and foreign visitors to arrive in the island after the country reopened its borders last month. Sri Lanka’s economy is in the process of returning to normalcy after facing a lockdown last year due to the global Covid 19 pandemic. Sri Lanka’s geographical positioning in the Indian Ocean and the many trade agreements as well as trade concessions enjoyed by the country have made it a business/investment hub in the South Asian region. Foreign businesses/investors could therefore explore business opportunities in Sri Lanka.
| Article Code : | VBS/AT/20210309/Z_3 |