Sri Lanka: SriLankan takes measures to cut fuel usage

SriLankan Airlines said it is focusing on sharply reducing its fuel usage to counter the challenge posed by high global oil prices. A series of fuel-saving measures has already been implemented, while more will be put in place within weeks, it said. SriLankan is projecting a fuel bill of US$500 million for the current year […]


fuel efficiency fuel-saving measures IATA Srilankan


SriLankan Airlines said it is focusing on sharply reducing its fuel usage to counter the challenge posed by high global oil prices. A series of fuel-saving measures has already been implemented, while more will be put in place within weeks, it said.

SriLankan is projecting a fuel bill of US$500 million for the current year at present prices, which accounts for approximately 50 per cent of its overall costs.

“Fuel is our biggest cost factor by far. While we are significantly reducing costs throughout the airline, we know that even a small saving in the amount of fuel consumed on every flight will result in savings in hundreds of millions of rupees,” said S A Chandrasekera, the airline’s CFO.

SriLankan recently invited a team of experts in fuel efficiency from the International Air Transport Association (IATA), which conducted an in-depth study and recommended detailed measures. The airline has appointed a special committee to implement the proposals and enhance them wherever possible.

“We are not satisfied with simply following IATA’S recommendations. We have already added a large number of our own initiatives, and are tailoring the IATA suggestions to suit the requirements of our airline,” said Captain Anushad Liyanagoda, who was recently appointed to the newly created post of Manager Aviation Fuel.