SriLankan Airlines make profits as currency depreciation stops

State-run SriLankan Airlines has reported a net profit of 1,124 million rupees in the nine months to December 2023 turning around from a loss of 73.26 billion rupees for the full year ending March 2023, official data shows.

SriLankan had earned revenues of 248 billion rupees in the nine months to December, with 205.6 billion in passenger income and 22.6 billion rupees in freight and 18.7 billion in unspecified other incomes.

Operating costs were 223.8 billion rupees with 86.3 billion rupees spent on fuel, 22.09 billion on employees and another 6.7 billion listed as crew costs.

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