SriLankan Airlines reports US$53 million operating profit

May 17th 2023

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SriLankan Airlines said its unaudited financial accounts for the 12 months to March 31, presented to the Committee On Public Enterprises (COPE) in the Sri Lanka parliament, state the flag carrier achieved an operating profit of US$53 million for its fiscal 2023 year, on revenues of US$994 million. Read More » At a group level, the company achieved an operating profit of US$104 million and a bottom line profit of US$3 million. “These figures may vary slightly during the finalisation of year-end accounts‚ but essentially the airline has broken even for the first time in more than a decade,” SriLankan said. “The airline maintains operating margins in line with the best industry standards. We are optimistic these will be stronger in the year ahead as the country moves forward from the challenges of 2022.”