SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn

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.