SriLankan Airlines projects return to profit after breaking even for the first time in a decade
SriLankan Airlines is projecting a return to profit based on an expected rebound in tourism. The flag carrier, which was plagued by economic challenges in the country, broke even for the first time in a decade on a profit level for fiscal 2022. The airline believes the worst is over in light of growing passenger yields, and expects to be in the green next year. Its CEO Richard Nuttall speaks to CNA's Roland Lim on the sidelines of the IATA summit in Istanbul.
SriLankan Airlines is projecting a return to profit based on an expected rebound in tourism. The flag carrier, which was plagued by economic challenges in the country, broke even for the first time in a decade on a profit level for fiscal 2022. The airline believes the worst is over in light of growing passenger yields, and expects to be in the green next year. Its CEO Richard Nuttall speaks to CNA's Roland Lim on the sidelines of the IATA summit in Istanbul.
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