Aviation sector has reported a profit of Rs. 22 billion in first eight months of 2023 – Minister

Minister of Port, Shipping and Aviation Nimal Siripala de Silva, during a news briefing held at the President Media Centre (PMC) today (09) focusing on the theme ‘Collective Path to a Stable Country’ said that Sri Lanka’s aviation sector has reported a substantial profit of Rs. 22 billion in the period spanning from January to August 2023 and that approximately Rs. 10 billion from this profit has already been contributed to Treasury, providing a much-needed boost to the country’s finances.

He further said that efforts are underway to restructure the national carrier, with a focus on improving its operations and financial performance. Importantly, the government is committed to ensuring the job security of the approximately 6000 employees of the airline during this restructuring process. He added that an international consultant has been appointed to provide expertise and best practices to guide the restructuring efforts.

The Minister highlighted the success of operations at Palali International Airport, emphasizing that the airport has completed 200 flights. This achievement underscores the airport’s increasing significance and efficiency in handling air travel.