Build It and Give It

SriLankan Airlines will hand over flying to a top European destination to its equity partner Emirates and add frequencies to other destinations on the back of a recent management reshuffle. SriLankan Airlines will hand over flying to a top European destination to its equity partner Emirates and add frequencies to other destinations on the back of a recent management reshuffle. The airline also said higher fuel prices and a post Tsunami traffic fall will affect profits this year.

SriLankan will stop its five weekly flights to Zurich, when a new schedule takes effect next month, and increase frequencies to other European destinations, India and South East Asia.

The airline will also launch a service to China, but will not acquire new aircraft this year as earlier planned.

The abandoned Zurich route and new ones to New York and South East Asia will be code share flights many of which will use Emirates aircraft with SriLankan sourcing passengers to these flights.

Emirates owns a 40 percent stake in SriLankan Airlines and have a management contract lasting for three more years.

The yield on the Zurich route, which the airline spent a lot of time and money on developing,