Sri Lanka, April 22 -- For the first time after more than four year airfares out from Sri Lanka have notably reduced. The Chennai fare that was more than Rs. 80,000 has come down to around Rs. 48,000, UAE fares which were over Rs. 100,000 has reduced to less than Rs.98, 000 while fares to other destinations too have reduced.

The main reason for this is the rupee appreciating against the US dollar and some global sentiments, said Vice Chairman, Board of Airline Representatives (BAR) Sri Lanka Sudesh Rupasinghe.

He said that the overall airfare has come down by more than 20% and this trend will continue until the peak season starts toward the end of the year. He also said that they were pleased to see the manner in which the Colombo airpo...