Sri Lanka's National Carrier SriLankan Airlines Achieves Rs.79 Billion Profit in First Nine Months of 2023

November 17, 2023

SriLankan Airlines has reported an impressive profit of Rs.79 billion in the first nine months of 2023, according to the latest report from the Sri Lankan Finance Ministry.

The airline's operating profit for this period stands at Rs.31.4 billion, marking a substantial shift from the Rs.4.4 billion loss reported in the same period last year. This remarkable financial performance underscores the successful implementation of strategic measures and financial management initiatives.

The revenue growth of SriLankan Airlines has been equally noteworthy, experiencing a substantial 27% increase, reaching Rs.238.9 billion during the mentioned period. This surge in revenue reflects the airline's resilience and adaptability, even in the face of challenging global conditions.

The positive financial results are indicative of the effective measures taken by SriLankan Airlines to streamline operations, enhance efficiency, and adapt to the evolving dynamics of the aviation industry.