NO CONCRETE PLAN YET FOR SRILANKAN AIRLINES DESPITE MOUNTING LOSSES

The government has yet to firm up any plan for restructuring SriLankan Airlines, the national carrier, but remains open to possible partnerships with the private sector to increase profitability, an official said yesterday.

- By KELUM BANDARA

SriLankan Airlines reported a Rs. 2.73 billion loss for the year ending March 31, 2025, compared with a profit of Rs. 7.9 billion the previous year, according to its annual report, a reversal representing a decline of about 134.6 per cent compared with the corresponding period of the last year.