SriLankan Airlines will be suspending its operations to Frankfurt and Paris, as it works to restructure its network.
Services to Frankfurt will cease from 30 October, while those to Paris will be cut from 6 November.
"The Government of Sri Lanka has made it clear that it will no longer fund continuing losses," says the carrier in a statement.
It adds that the airline's route network is being evaluated, so as to "maximise on sustainable routes" to bring in more contribution to its bottom line.
The suspensions come amid a decline in the airline's performance, where the benefit of low fuel prices has been "significantly eroded" by declining revenues.
"There are no short term signs of recovery in yields," it adds.
The addition of capacity to the Colombo market, particularly by Middle Eastern carriers, accompanied by a drop in airfares in European markets, have also seen the contribution of the European network drop in comparison to the other routes.
London, SriLankan says, will remain its gateway to Europe. It will also rely on its codeshare partnerships with Etihad Airways and Qatar Airways to provide connectivity to Europe from its daily Doha and Abu Dhabi services.
The carrier will also look to the Indian sub-continent, Middle East and East Asia for expansion.
Flightglobal's Innovata schedules shows that SriLankan is the only operator from the country to Frankfurt and Paris.
Source: Cirium Dashboard
