AASL records 78% operational growth in 1H25
The Morning: Sri Lanka’s state-owned company responsible for managing and developing civil airports, Airport and Aviation Services Sri Lanka (AASL) has seen a 78% operational growth in the first six months of 2025, compared to the same period in the previous year.
In the first six months of 2024, the company recorded an operational profit of Rs. 9,049 million, whereas in the same period of 2025, the profit rose to Rs. 16,133 million, according to the Ministry of Transport, Highways, Ports, and Civil Aviation.
The Ministry stated that a total of 32,423 flights were handled during the first half of 2025. With the upcoming tourist season, the Ministry said the Airport and Aviation Authority expects a significant increase in these numbers.
OSL take:
The operational growth recorded by AASL is indicative of the steady growth of Sri Lanka’s airport and aviation industry and related sectors. This growth is a result of the increasing numbers of foreign travellers visiting the country for business/trade/tourism. The increasing number of flights operated by international airlines to the country is indicative of the growth in foreign travellers to the country. Apart from the recorded growth by AASL, the ongoing expansion in the airport and aviation industry and related sectors has created a host of business/investment opportunities. These opportunities are especially focused on the development of infrastructure and supplementary infrastructure development programmes as well as the uplifting and expansion of existing facilities to meet the requirements of the increasing number of foreign travellers to Sri Lanka. With the country on an overall expansion path and working towards becoming a hub in the South Asian region, foreign businesses/investors could confidently explore the growing lucrative business ventures in Sri Lanka’s airport and aviation industry as well as related sectors.
| Article Code : | VBS/AT/20250822/Z_1 |