Sri Lanka to increase overflight fees to boost annual revenues
Sri Lanka is planning to revise its overflight fees for aircraft crossing the airspace of the country, which will boost annual revenues by about 50 percent to 10 million U.S. dollars, Civil Aviation Minister Nimal Siripala de Silva has said, the Xinhua reported.
Presently, Sri Lanka charges a fee based on the weight for aircraft using its airspace, but under the revised system, both weight and distance will be used to charge fees, the minister said.
Director General of Civil Aviation H M C Nimalsiri said that over the last few years long distance flights from the Middle East to the Far East had expanded rapidly, increasing overflight over the island.
Sri Lanka currently has about 200 aircraft overflying the country without landing, Nimalsiri said.
The media report said that main airport of Colombo has about 185 flight movements a day.
Latest Headlines in Sri Lanka
- Duminda Dissanayake remanded until May 29 over gold-plated T56 firearm May 24, 2025
- Sri Lanka probing use of Rs. 22 Trillion obtained through loans May 24, 2025
- Sri Lankan PM assures no land will be taken from people in North and East May 24, 2025
- Malini Fonseka passes away May 24, 2025
- Deputy Commissioner and two DMT officials arrested with Rs. 4 Million in bribes May 23, 2025
Yes do what ever means to get some money to fatten your big bellies.
Has Mr. Nimal Siripala de Silva forgotten the story of the goose that laid the golden eggs ? or is he over enthusiastic in supporting the Exchequer to double its revenue and thus make overtures to the Prime Minister to obtain nominations from the UNP at the next hustlings? The percentage should be kept to a minimum of atleast 80 %. to compare with his belly sized brain.