SriLankan Airlines flies back into profit

The peace process and sweeping internal reforms have helped SriLankan Airlines turn its first genuine profit since 1985.
SriLankan has made money in recent years, but only with the help of ancillary services such as cargo and catering, and this is the first time the airline itself has been profitable, head of corporate communications Chandana De Silva told BBC News Online.

In the 2001-02 business year, SriLankan made 1.6bn rupees (£10.7m; $16.6m), compared with a loss of 1.5bn rupees a year earlier.

The turnaround is all the more surprising, since it comes just over a year after a devastating raid by rebel Tamil Tigers on Colombo's Bandaranaike airport, in which the airline suffered damage costing $350m.

http://news.bbc.co.uk/1/hi/business/2332603.stm

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So a turnaround IS possible !