SriLankan Air Plans Asia Expansion as European Tourism Slows

SriLankan Airlines Ltd., seeking a return to profit in two years, plans to focus expansion on Asian routes as European travelers pare spending on vacations.

“We are taking a cautious approach in Europe and an aggressive one in Asia,” Chief Marketing Officer G.T. Jeyaseelan said in a Feb. 23 interview in Colombo. The strategy is driven by “economic reality,” he said.