Airline

Loss posted for SriLankan Airlines

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Loss posted for SriLankan Airlines

SriLankan Airlines has made an operating loss of 19.1 billion rupees in 2011, up from a group net loss of 6.03 billion rupees in 2010. Although revenue was up by 16.3% to 78.9 billion rupees in 2011, operating costs rose steeply by 32.2% to 98 billion rupees. SriLankan group last made profits of 4,8...

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