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Mon, 21 August 2017 03:59:40
SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn
16 Jan, 2015 22:10:11
Jan 16, 2015 (LBO) – Sri Lanka’s national carrier SriLankan airlines has re-deployed its capacity and adjusted its scheduled operations to focus on more commercially sustainable services which translates to an annual bottom line improvement of approximately 18 million US dollars , the airline said in a statement.
The airline will cut flights to the Mattala airport in Sri Lanka, the statement said.

“The immediate schedule changes which will see the airline rationalising its scheduled operations to and via MRIA (Mattala) and enhancing capacity to other high demand Middle East destinations, while reducing capacity to underperforming routes such as Moscow,”

"This translates to an annual bottom line improvement of approximately 18 million US dollars.”

The airline said that these commercially driven initiatives will help the airline to further improve the financial performance in the near term while continuing to deliver affordable travel options to its customers.

These directions were given by the new State Minister of Aviation Faizer Mustapha the airline said.

The airline said in the medium term, the airline is also critically reviewing its entire route network, again with a view to being more commercially and bottom-line focused.

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READER COMMENT(S)
2. concerned. Jan 18
Ricky, I agree with you but this is the first senibal thing that has happened. Everybody knew that no one would use a nature reserve as an airport site, no one use it. And at $350million dollars? Best thing with to do with Air Lanka, sorry Sri Lankan airlines, is to CLOSE IT DOWN. If I was lossing $600,000 a day I would be in jail. So well Mr Minster, carry on and close it down.
1. ricky fernando Jan 17
This where ministers do not do the job of the CEO. the minister is a kangaroo that has jumped for political gain now is trying to be an airlines man. same nonsense by the new cabinet. just let the CEO operate and HOLD them accountable. the current airlines CEO we have for both sri lankan and mihin are political stooges. they should be replaced by airline experienced individuals, and let them show results and replace them if not. sri lankan & mihin have together lost billions of public funds.