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The company was registered on 1 November 1991 and was issued an operating licence in 1993. Sky Cabs offered scheduled and chartered international freight transport using a fleet of Antonov An-8 and An-12 aircraft. The following destinations were served on a regular, scheduled basis:
Investigation into the accident revealed a number of procedural failures, including the fact that the aircraft had been operated without a valid licence.
As a consequence, all international cargo airlines of Sri Lanka were grounded and had to be reassessed. Sky Cabs failed this procedure, and was subsequently shut down.