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SriLankan passengers up 36 per cent from Abu Dhabi
Monday, February 07, 2005
SriLankan Airlines recorded a 36 per cent increase in visitor traffic from Abu Dhabi in the last 12 months, according to figures released by the airline.

Abu Dhabi & Al Ain manager Sudath Kuruppu said: “In the months of April to November 2004, we saw an increase of 36.04 per cent in total passenger uplift from Abu Dhabi on our routes, which is significantly higher than the overall airline growth of 14.3 per cent.

“This is in response to our increased flights from Abu Dhabi – we now fly to Colombo three times a week, and have seen a marked increase in our holiday packages to the Far East as well as our circle trip fares combining Sri Lanka, India and the Far East which are popular holiday options for families in the summer.

“Meanwhile, we continue to see growth on our South Indian routes, as SriLankan is the only international carrier to offer so many destinations in India.”


Following a near doubling of profits for the year 2003/2004, SriLankan Airlines is continuing its staged growth in all areas. Airline management has revealed plans to expand IT capabilities, airport facilities and catering and cargo divisions, as well as bringing in additional capacity in its fleet and adding new destinations.

A net profit after tax of Rs. 4,555.14 million (US$44 million) was reported by the airline and its SriLankan Catering Services subsidiary, an increase of 94.97 per cent over the previous financial year. This increase was attributed in part to SriLankan’s dynamic expansion on Indian routes.

Total operating revenue rose 24.6 per cent, while passenger numbers increased by 14.3 per cent to 2.06 million. Meanwhile, the airline fleet expanded to 17 with the acquisition of two A340s, two A320s, another Antonov AN12F freighter and a Cessna Caravan floatplane.
Vicky Karantzavelou - Monday, February 07, 2005
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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