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Wednesday, March 09, 2005

SriLankan Airlines to Post Loss

Mar 9 (AP) The Asian tsunami and high fuel costs have hit SriLankan Airlines hard and the national carrier said Wednesday it expects to lose about US$10 million (euro7.55 million) this fiscal year. The loss forecast comes after the airline made a net profit of US$45 million (euro34 million) in the fiscal year to March 31, 2004.

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