The head of the International Air Transport Association (IATA) says while airlines in the Asia-Pacific region are expected to grow strongly in the next few years, the outlook for European carriers is less rosy.
Sri Lankan logistic group Expolanka Holdings says its proposed LKR2.4 billion initial public offer (IPO) in May will help it settle debt, boost working capital and expand warehousing.
High fuel prices - up 34.5 per cent during Q1 2011 - and the earthquake and tsunami in Japan have contributed to a US$213 million first-quarter loss at United Continental Holdings.
The International Air Transport Association (IATA) has added Australasian figures to its international freight projections covering the period between 2010 and 2014.
SriLankan Airlines of Sri lanka reduced its 2010 red ink result with an operating loss of LKR6,272 million in 2010, down 49 per cent from the previous year, according to the country's Central Bank.
The head of the International Air Transport Association (IATA) says while airlines in the Asia-Pacific region are expected to grow strongly in the next few years, the outlook for European carriers is less rosy.
Sri Lankan logistic group Expolanka Holdings says its proposed LKR2.4 billion initial public offer (IPO) in May will help it settle debt, boost working capital and expand warehousing.
High fuel prices - up 34.5 per cent during Q1 2011 - and the earthquake and tsunami in Japan have contributed to a US$213 million first-quarter loss at United Continental Holdings.
The International Air Transport Association (IATA) has added Australasian figures to its international freight projections covering the period between 2010 and 2014.
SriLankan Airlines of Sri lanka reduced its 2010 red ink result with an operating loss of LKR6,272 million in 2010, down 49 per cent from the previous year, according to the country's Central Bank.