SriLankan Airlines is expediting efforts to reintegrate three grounded passenger planes into its fleet, ending a three-year hiatus caused by technical faults. The planes, leased by the airline, have remained idle, incurring substantial financial losses due to inaction on repairs.
For the past three years, SriLankan Airlines has paid USD 300,000 (approximately LKR 90 million) per month for each grounded aircraft, amounting to a monthly loss of LKR 270 million. Over three years, this has resulted in an estimated total loss of LKR 9.72 billion.
The newly formed government has prioritized addressing this issue, ensuring that the necessary spare parts are procured to restore the planes. According to reports, one aircraft will be operational by December 2024, followed by another in February 2025, and the third in April 2025.
The airline’s management has also made significant strides in improving operational efficiency. Flight delays and cancellations, which were common in recent months, have been nearly eliminated. With proper management, SriLankan Airlines is gradually overcoming its challenges and making progress toward financial stability.
This development marks a critical step in mitigating losses and enhancing the performance of the national carrier, reflecting the government’s commitment to reviving the airline industry.