Dubai's Emirates Airline ends contract with Sri Lankan Airlines

The Dubai-based Emirates Airline will not renew a 10-year contract to manage Sri Lankan Airlines which expires on March 31, local newspaper Gulf News reported on Monday.

Emirates will pass Sri Lankan Airlines' management control to the government of Sri Lanka, which owns 51 percent of the carrier, in April.

The end of partnership between Emirates and the Sri Lankan government came after a controversy last month when the latter cancelled the work permit of Sri Lankan Airline's CEO Peter Hill after the carrier denied seats to an entourage led by Sri Lankan President Mahinda Rajapaksa.

"Emirates has notified the government of Sri Lanka that it will not be renewing the shareholder's agreement which expires on March 31," said Tim Clark, president of Emirates and managing director of Sri Lankan Airlines.

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