Sri Lanka airline caterer says 9-month profits up 40-pct

Feb 22, 2011 (LBO) - Sri Lankan Catering, a unit of state-run SriLankan Airlines, a firm slated for a public listing said profits for the 9-months to December 2010 rose 40 percent to 640 million rupees.
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SriLankan Catering also runs an industrial laundry facility in Katunayake and a 24-roomed transit hotel at the airport.

Last year SriLankan Airlines officials said they had plans to list the flight kitchen in the Colombo Stock exchange.

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The profits came despite an foreign exchange loss of 160 million rupees, SriLankan airlines said in a statement.


SriLankan Catering is the only in flight meal provider at Sri Lanka's Bandaranaike International Airport.

The flight kitchen had produced 3.

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15 million meals averaging 11,453 meals a day.
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In December alone the firm had a profit of 110 million rupees, when it produced more than 385,000 meals. Sri Lanka's tourist arrivals peaked in December 2010, after the end of a 30-year war in May 2009.

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New airlines have also started calling at Colombo.

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Last week Pakistan International Airlines started services.

"We believe that this trend of rapid growth will continue as Sri Lanka savours the benefits of permanent peace which in turn has l

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