SriLankan Airlines (UL, Colombo International) has adopted a new five-year strategic plan which focuses on establishing Colombo International as a connecting hub between Europe, Africa, the Middle East, Asia, and Australia.

As reported by the Sunday Observer, the carrier intends to diversify away from the point-to-point traffic to and from Sri Lanka, which today forms the bulk of its demand. However, SriLankan Airlines plans to continue to cooperate closely with the domestic tourism industry to support the growth of inbound travel to the island.

The plan also envisages unspecified fleet and network adjustments. SriLankan Airlines also intends to improve customer service, cut costs, grow digital sales, and improve productivity.

The carrier also wants to increase the revenues of its subsidiaries SriLankan Cargo, SriLankan Engineering, and SriLankan Ground Handling.

The plan was developed by Group Chief Executive Officer Vipula Gunatilleka and still needs the formal approval of the airline's sole shareholder, the Sri Lankan government.

SriLankan Airlines currently proffers 123,700 weekly seats on 616 scheduled flights, operated with a total of twenty-seven aircraft: five A320-200s, two A320-200neo, two A321-200s, four A321-200neo, seven A330-200s, and seven A330-300s.