SriLankan Airlines targets network growth
SriLankan Airlines is looking to expand its network to parts of Asia-Pacific and Europe, as it makes progress on reducing financial losses under its turnaround plan. The carrier says it will start flying to Sydney in 2020, along with Ho Chi Minh City, while growing its presence in India with a service to Ahmedabad. Plans to resume European points such as Frankfurt and Paris "continue to be under consideration." Having appointed a new board and management team in 2018, the carrier rolled out multiple initiatives to rein in cost. Such measures saw operating losses shrink "by more than 50%" to US$19m for the 6-month period to Sept 30, versus an operating loss of $39m last year. Net loss came in at $76m, an improvement of $10m from last year's $86m figure. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-11-11/oneworld/srilankan-airlines-targets-network-growth
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SriLankan Airlines targets network growth
SriLankan Airlines is looking to expand its network to parts of Asia-Pacific and Europe, as it makes progress on reducing financial losses under its turnaround plan. The carrier says it will start flying to Sydney in 2020, along with Ho Chi Minh City, while growing its presence in India with a service to Ahmedabad. Plans to resume European points such as Frankfurt and Paris "continue to be under consideration." Having appointed a new board and management team in 2018, the carrier rolled out multiple initiatives to rein in cost. Such measures saw operating losses shrink "by more than 50%" to US$19m for the 6-month period to Sept 30, versus an operating loss of $39m last year. Net loss came in at $76m, an improvement of $10m from last year's $86m figure. <br/>
