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The Road Development Authority (RDA) has commenced the liquidation of several of its long-criticised subsidiaries, with a court-appointed liquidator already overseeing the winding-up process of one entity.

Court-appointed liquidator already overseeing winding-up process of one entity Expressway Transport Company buses to be transferred to SLTB Liquidation of Maga Neguma entities and RDA’s luxury bus company approved The Road Development Authority (RDA) has commenced the liquidation of several of its long-criticised subsidiaries, with a court-appointed liquidator already overseeing the winding-up process of one…

The 3 airlines that have entered insolvency in 2026 so far

Blue Islands Limited (UK) – November Air Kilroe Limited t/a Eastern Airways (UK) – November Play Airlines (Iceland) – September This turbulence in the airline industry has carried over into 2026, with more airlines shutting down or entering insolvency. The 3 airlines that have entered liquidation or administration in 2026 Three airlines have entered administration…