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SriLankan Airlines takes steps to address fuel price surge

4-Aug-2008

SriLankan Airlines announced it re-introduced fuel surcharges of up to USD80, effective Jul-08, as a means of fighting escalating fuel costs. The carrier, which is 51% government owned and 43.6% owned by Emirates (whose ten- year management contract of SriLankan lapsed at the start of Apr-08), defended the move, stating new measures are required if the carrier is to survive. [480 words]

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Subheadings:

  • SriLankan expands ground handling to India
  • Outlook Uncertain
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