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  1. News
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  3. Business

2 sources·Updated 1h ago

SriLankan Airlines Reports 35.6 Billion Rupee Loss

SriLankan Airlines posted a pre-tax loss of 35.6 billion rupees in the first quarter of its 2026/27 financial year, attributed to soaring fuel costs and West Asia flight disruptions. The airline's equity is now negative at 351.5 billion rupees as total liabilities reached 561.4 billion rupees against assets of 209.9 billion rupees.

AIThe headline and summary here were written with AI from the newsrooms' reports and checked against them. AI can make mistakes, so read the linked reports for the full account.

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Full coverage

  • Hiru News - English·1h agoSriLankan Airlines suffers 35.6 billion rupee loss following fuel cost surge
  • EconomyNext·23h agoSriLankan Airlines plunges to Rs35.6bn loss as fuel costs soar, capital eroded

Summary

The national carrier's losses widened from a net loss of 12.0 billion rupees in the corresponding period of 2025/26, pushing equity deeper into negative territory at 351.5 billion rupees as total liabilities reached 561.4 billion rupees against assets of 209.9 billion rupees. Revenue rose to 82.8 billion rupees from 62.6 billion rupees recorded a year earlier.

Summarised from Hiru News - English

What this story is about

People
  • Sarath Clement Ganegoda·
  • Hayleys
Organisations
  • Strategy and Restructuring Committee·
  • National People's Power government·
  • SriLankan Airlines Limited·
  • National People's Power·
  • SriLankan Airlines·
  • SriLankan Catering·
  • Finance Ministry·
  • Hayleys Aviation
Places
  • United States·
  • Sri Lanka·
  • West Asia·
  • Colombo

At a glance

Newsrooms
2
Articles
2
First reported
Nov 3, 11:19 AM
Latest update
Nov 4, 9:12 AM

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