As losses pile up, Sri Lankan Airlines suspends flights Paris and Frankfurt

SriLankan Airlines announced that it will be suspending flights to Paris and Frankfurt as the carrier continues to make losses.

The airline said in a statement that the Sri Lankan government has made it clear that it will no longer fund continuing losses and that the “route network is being continuously evaluated in the context of changing market dynamics”.

The European market travelling with the airlines has reportedly dropped which has been “further exacerbated by the depreciation of the Euro against the Dollar”.

“Airline sources further stated that there were no short term signs of recovery in yields,” reports The Island.