SriLankan Airlines loses Rs170bn in 2021 amid soft-peg collapse

State-run SriLankan Airlines had lost 170 billion rupees in 2021 and its accumulated losses had risen to 542 billion rupees, a Finance Ministry report said despite the national career improving its performance in the last quarter.

SriLankan Airline’s revenue fell to 71 billion rupees in 2020 in the Coronavirus pandemic triggering a 45 billion rupee loss.

In 2021 revenues grew to 134.6 billion rupees as foreign travel was gradually relaxed.

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