Srilankan's Pathirage on Challenges for the Industry. High Oil Prices

The transcript discusses the airline's lack of hedging and its impact on the industry, plans for fleet expansion to capitalize on tourism opportunities, and the potential for outside investment. It also covers restructuring efforts that have led to significant cost savings and recent profitability, despite cash flow challenges and limited government support.

What is the main reason the airline is looking to acquire new aircraft?

• To replace aircraft that are being retired

• To reduce maintenance costs

• To improve fuel efficiency

• To expand into new markets

What is a significant factor in deciding whether to bring in outside partners?

• The cost of new aircraft

• The airline's current profitability

• The government's decision

• The availability of new routes

Which part of the airline's business is considered very profitable?

• The marketing department

• The catering services

• The airline operations

• The maintenance division

How much has the airline saved annually through restructuring?

• $50 million

• $100 million

• $150 million

• $75 million

What has been a recent achievement for the airline?

• Achieving profitability after many years

• Acquiring a new fleet of aircraft

• Securing government funding

• Launching new international routes

What is a major challenge the airline faces despite recent profitability?

• Increased competition

• Cash flow gaps

• High fuel costs

• Regulatory changes

Why is the airline not expecting government support in the near future?

• The government is focusing on other industries

• The airline has secured private funding

• The government is facing its own economic challenges

• The airline is already profitable