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Airport and Aviation Services (Sri Lanka) (Private) Limited Releases its Annual Report

June 01, 2023

Airport and Aviation Services (Sri Lanka) (Private) Limited released its annual report for the year 2022 on May 30, 2023. AASL is a fully government-owned company with statutory powers to manage and develop civil international airports in Sri Lanka. AASL is the appointed agent of the Government of Sri Lanka (GOSL) to discharge its duties in the capacity of a member of the International Civil Aviation Organization (ICAO).

The company recorded a total revenue of Rs. 27,647 million and a net profit after tax of Rs. 4,803 million. In addition, the company contributed Rs. 1,983 million to the government of Sri Lanka in the financial year 2022. AASL was able to publish the Annual Report 2022 in all three languages on May 31, 2023, as per the guidelines of the Good Corporate Governance Act. As a result of the dedication of the management team at AASL, the company was able to publish the report prior to the deadlines.

AASL manages and operates Bandaranaike International Airport (BIA), Mattala Rajapaksa International Airport (MRIA), Colombo International Airport Ratmalana (CIAR), Batticaloa Airport (BTA), and Jaffna International Airport (JIA).


AASL Year at a Glance - 2022:

International Passenger Movements: 5,503,198.

International Aircraft Movements: 37,641

Cargo: 173,597 MT

Overflying Movements: 23,846.

Number of Employees: 3,854.


Financial Review - 2022:

Revenue: LKR 27,647 Mn (2021: LKR 7,879 Mn).

Finance Income: LKR 6,137 Mn (2021: LKR 3,321 Mn)

Operational Profit: LKR 12,705 Mn (2021: LKR -3,776 Mn)

Profit after Tax: LKR 4,803 Mn (2021: LKR -2,084 Mn).

Assets: LKR 179,530 Mn (2021: LKR 126,844 Mn).


AASL Contribution to the Government in 2022:

 LKR 1,983 Million.


AASL Investment in 2022:

                   LKR 88,308 Million.


Number of International Tourists served by the company: 719,978.

       Top 5 Tourist Source Markets:

India: 123,004.

Russia: 91,272.

United Kingdom: 85,187.

Germany: 55,542.

France: 35,482.