Sri Lanka’s deputy minister of finance and planning, Harshana Suriyapperuma, says state-owned SriLankan Airlines (UL, Colombo International) will embark on five-year plan this year with the goal, among others, of growing to 52 aircraft and doubling revenues from the current sub-USD1 billion mark to more than USD2 billion.

Speaking in Sri Lanka’s parliament on February 25, Suriyapperuma said the airline’s management were under instructions to make the carrier a self-sustaining entity. While the government will assist with…

Source: ch aviation
Read more: Gov't minister plots big fleet boost for SriLankan Airlines