GLOBAL AIRCRAFT SHORTAGE SRILANKAN AIRLINES' FLEET RENEWAL

SriLankan Airlines, the national carrier, is in need of at least seven more aircraft for new routes and rationalisation of existing ones, but the current global shortage has hampered the process of acquiring any, a minister said.

- By KELUM BANDARA

Currently, the global aviation industry is facing a shortage of aircraft. The International Air Transport Association (IATA) says that aircraft availability remains one of the most significant constraints on industry growth.