SriLankan Air Negotiating With Lessors, Cutting Costs

SriLankan Air Negotiating With Lessors, Cutting Costs

Assessment

Interactive Video

Business, Social Studies, Architecture

University

Hard

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The transcript discusses the impact of COVID-19 on an airline in Sri Lanka, highlighting the challenges faced, financial impacts, and measures taken to mitigate losses. The airline has reduced operations, renegotiated leases, and cut costs. It is not planning to privatize or sell parts of the business, relying on government support. The airline is exploring travel bubbles with countries like the UK, Singapore, and China to boost travel. Despite the challenges, the airline aims to become leaner and more profitable in the future.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the airline managed its workforce during the pandemic?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What opportunities does the airline see for restructuring and cost reduction?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What discussions is the airline having with the government regarding financial support?

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