Sri Lankan Airlines, the loss making national carrier of the island nation, has recorded losses of 163.58 billion Sri Lankan Rupees (approximately 4,000 crore INR) in 2022, more than three times it recorded in 2021, according to an official statement.
Sri Lankan Airlines in 2021 witnessed a loss in revenues of 49.7 billion Sri Lankan Rupees.
“The Sri Lankan Airlines in 2022 witnessed a loss of 168.58 billion Sri Lankan Rupees while the loss during 2021 stood at 49.7 billion,” the statement from the national carrier said.
Sri Lankan Airlines is one of the 52 loss making state enterprises that the International Monetary Fund had recommended for restructuring whilst approving the near 3 billion dollar bail out facility mid March.