Sri Lanka, Nov. 9 -- SriLankan airlines has reported a pre-tax loss of Rs. 35.6 billion during the first three months of the 2026/27 financial year, despite recording a significant increase in revenue, according to the Ministry of Finance.

Citing the Ministry's Mid-Year Fiscal Position Report, state that the national carrier generated revenue of Rs. 82.8 billion during the period, compared to Rs. 62.6 billion in the corresponding period of the previous financial year.

The airline's expenditure increased by 40.4%, rising from Rs. 67.8 billion to Rs. 95.2 billion.

The report identifies a 93% surge in aviation fuel costs, driven largely by ongoing conflicts in the Middle East, as a key factor behind the sharp increase in expenditure.

Air...