SriLankan Airlines unveils 5-year strategic plan
View(s):SriLankan Airlines is chartering a fresh course with the roll-out of its new five-year strategic plan, aligning commercial ambitions with operational excellence, stakeholder engagement and environmental stewardship. Under its current leadership, the airline has made powerful strides over the past year, from optimising fleet management and driving revenue growth to enhancing customer experience, talent development, advancing sustainability, cost rationalisation and restructuring debt, the airline said in a media release.
However the latest financial figures from the national carrier’s latest 2024-2025 annual accounts reveal a group loss of Rs. 2.7 billion and total liabilities of Rs. 569 billion rupees. The airline has a workforce of 6,071.
In the meantime, the release said the airline improved its on-time performance to 74 per cent this year, up from 69 per cent in 2024, driven by agile fleet management despite global engine and spare parts shortages and performance challenges. Supported by cutting-edge fleet management software, new measures have enabled faster fleet maintenance turnarounds, proactive scheduling, maintenance staggering and precise spare parts stocking, while new in-house facilities for calibration, testing and inspections have strengthened the airline’s autonomy. Throughout these efforts, SriLankan has never lost sight of its foremost priority – the safety of its customers and crew.
Additionally, two aircraft grounded for an extended period due to engine unavailability have now returned to service, with a third set to join operations early next year. In June, the airline inducted a leased Airbus A330-200 wide-body aircraft, marking its first wide-body fleet addition in seven years and enabling the expansion of operations and services.
Over the past year, SriLankan Airlines has streamlined its network through route rationalisation, demand-synchronised schedules and enhanced digital sales platforms, leading to revenue growth. Key initiatives include revised timings on Indian routes, particularly Bangalore, Kochi and Hyderabad, to better serve the growing Indian leisure market. From July 2025, the airline introduced double daily services to Singapore, Kuala Lumpur and Bangkok, alongside four additional flights to Dubai. SriLankan is also adopting new strategies, including a differentiated product offering, to deliver value-for-money services in short-haul markets. SriLankan also implemented dynamic capacity management, ensuring aircraft deployment on short and medium-haul routes in line with demand. As a result of these initiatives, during the first five months of the 2025/26 financial year, the airline recorded a 10 per cent increase in passenger revenue, 22 per cent higher passenger numbers and a 10 per cent growth in capacity.
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