Sri Lanka and Korea air links to expand

Managing Director Kristalina Georgieva arrives and starts her first day of work at the IMF

Feb 22, 2013 (LBO) – Sri Lanka and Korea has liberalized an air services agreement allowing traffic rights to third countries which is expanding air links between the capitals of the two countries, the foreign ministry said. A new air services agreement had been signed on February 20 allowing Korean Air to fly to Maldives and back via Colombo and for state-run SriLankan Airlines to operate to Seoul via Hong Kong.

Korean Air will start flying from Colombo to Seoul three times a week from March 09, re-establishing direct flights after a gap of 25 years.

“This expansion of aviation arrangements will facilitate the movement of people and goods and will provide new business opportunities for the aviation industries of both countries to the benefit of their peoples,” the foreign ministry said.

“Further, this arrangement would enable for Sri Lankan and Korean companies to expand their business/investments while boosting Korean tourist arrivals to Sri Lanka.”

Sri Lanka had also invited Korea to start flights to a new airport in Mattala which is opening this year where concessions and incentives were available.

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