Increasing military tensions between India and Pakistan are creating ripple effects across South Asia, with Sri Lanka’s aviation and maritime sectors feeling the strain, according to a report by Asha Securities Research, cited by Daily Mirror.
The report highlights that SriLankan Airlines is expected to face mounting operational expenses, particularly due to longer flight routes to Europe caused by the closure of Pakistani airspace. The added fuel costs come when the national carrier is already grappling with financial and logistical challenges.
Tourism, a key pillar of Sri Lanka’s economic recovery, is also at risk. With Indian nationals making up around 20% of tourist arrivals, fears related to safety or…
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