SriLankan Airlines said it is focusing on sharply reducing its fuel usage to counter the challenge posed by high global oil prices. A series of fuel-saving measures has already been implemented, while more will be put in place within weeks, it said. SriLankan is projecting a fuel bill of US$500 million for the current year at present prices, which accounts for approximately 50 per cent of its overall costs. “Fuel is our biggest cost factor by far. While we are significantly reducing … [Read more...] about Sri Lanka: SriLankan takes measures to cut fuel usage