IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Sep 2012 | Removal date: open ended
Still in force

Bailout (capital injection or equity participation)

On 21 November 2013, Sri Lanka has bailed out the state-run airline with USD 150 million. Previously, in September 2012 and in July 2013, the same airline already received state support (through treasury bonds) amounting to approximately USD 240 and 400 million, respectively, in order to settle fuel bills.
 
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

642 Long-distance transport services of passengers
653 Air & space transport services of freight

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