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SriLankan to turn profitable by 2017/18
SriLankan Airlines under a new business model will make a turn around and start earning profits from the 2017/18 financial year, said it’s Chairman, Ajith Dias.
Speaking to Daily News business at the Sancharaka Udawa exhibition at BMICH which ended on Saturday he said that under their new financial plan they are looking at reducing costs during the 2015/16 financial year. “During 2016/17 we hope to break even and record profits the next year. “I only took over this debt ridden institution in February 12, and after closely studying the performance of the airlines we will be launching a new business model in three weeks. This model would be for three years.”
He said that under this program all sectors of the airline would be reviewed and loss making sectors would be re looked at closely. “This program would also look at adopting a new professional business culture that would work to a common agenda leading towards profits.”
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Originally posted by Max View PostSriLankan to turn profitable by 2017/18
SriLankan Airlines under a new business model will make a turn around and start earning profits from the 2017/18 financial year, said it’s Chairman, Ajith Dias.
Speaking to Daily News business at the Sancharaka Udawa exhibition at BMICH which ended on Saturday he said that under their new financial plan they are looking at reducing costs during the 2015/16 financial year. “During 2016/17 we hope to break even and record profits the next year. “I only took over this debt ridden institution in February 12, and after closely studying the performance of the airlines we will be launching a new business model in three weeks. This model would be for three years.”
He said that under this program all sectors of the airline would be reviewed and loss making sectors would be re looked at closely. “This program would also look at adopting a new professional business culture that would work to a common agenda leading towards profits.”
http://www.dailynews.lk/?q=business/....SsubBnuL.dpuf
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More Air Connectivity to Kerala?
Sri Lanka & Kerala are to collaborate in the tourism sector. In addition to developing existing tourist locations, the move would also seek to enhance the flow of tourists to the two destinations.
A team led by minister A P Anilkumar is to meet Sri Lankan tourism minister Naveen Dissanayake in the coming two days. A road show of Kerala tourism would also be held at Colombo in a day. Malayala Manorama had earlier published a story on the advances made by Lankan tourism and a brainstorming session that followed the story here suggested closer ties with Sri Lanka for mutual development.
While initial official-level talks were initiated with Sri Lankan authorities during the Berlin tourism festival, Kerala received invitation from Sri Lanka for discussions at the ministerial level later. Since Thiruvananthapuram and Kochi have visa-on-arrival facility, tourists from Lanka can easily visit the state. Discussions would also revolve around developing such facilities in future.
Sri Lankan Prime Minister Ranil Wickremesinghe who visited Kerala a day earlier said that his nation was ready to cooperate with Kerala in the tourism sector. It is in this background that ministerial talks are expected to be more effective.
The Kerala tourism department is also planning to forge alliances with Sri Lanka to create a tourism circuit.
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Originally posted by Max View PostSriLankan to turn profitable by 2017/18
SriLankan Airlines under a new business model will make a turn around and start earning profits from the 2017/18 financial year, said it’s Chairman, Ajith Dias.
Speaking to Daily News business at the Sancharaka Udawa exhibition at BMICH which ended on Saturday he said that under their new financial plan they are looking at reducing costs during the 2015/16 financial year. “During 2016/17 we hope to break even and record profits the next year. “I only took over this debt ridden institution in February 12, and after closely studying the performance of the airlines we will be launching a new business model in three weeks. This model would be for three years.”
He said that under this program all sectors of the airline would be reviewed and loss making sectors would be re looked at closely. “This program would also look at adopting a new professional business culture that would work to a common agenda leading towards profits.”
http://www.dailynews.lk/?q=business/....SsubBnuL.dpuf
Somebody actually saying this with a straight face
or
People believing that this is even remotely possible. Sounds just like the nonsense coming from Ex CEO Kapila.
UL needs to pay back at least U$ 125 Million in outstanding bills.
They will need at least the same amount to continue operations to the end of the year. Nobody has mentioned where this money is coming from.
Personal opinion:- Looks like an attempt to block any further actions or investigations. The Weliamuna report is just the tip of the iceberg.
The Weliamuna report gives a far better indication of the financial state of the Airline. Unfortunate that so few people appear to have read or understood it.Always fly a stable approach - it's the only stability you'll find this business
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Originally posted by janhongladarom View PostWhat has happened to UL867, it is delayed over 24 hours now. The aircraft has technical difficulty or some sort. The aircraft is 4R-ALG.
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Always fly a stable approach - it's the only stability you'll find this business
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Originally posted by anthonylk View PostSriLankan relief flight to Nepal is on it's way... UL 4195 Airbus A330-200, 4R-ALD
http://www.flightradar24.com/ALK4195/61fd900
Another Sri Lankan contingent of aid workers with equipment and supplies left for Nepal to join their counterparts in the relief and rescue mission currently underway in the earth quack hit south Asian nation. According to army sources the 97strong team is comprised of 72 army, 14 navy and 11 air force personnel. The group is taking along a consignment of 17 tons of supplies including much needed medicines, water bottles, dry rations, water purification tablets etc.
The contingent took flight to Nepal from the Bandaranaike International Airport onboard a Sri Lankan Airlines flight (UL 4195) at around noon today (29th Wednesday, April 2015). Already a Sri Lankan team is involved in relief and rescue operations in Dolalghad area about 60 km away from the capital Kathmandu. Hundreds of victims including women and children have been treated by the Sri Lankan personnel so far.
Representing the government's interests Hon. A.H.M Fowzie, Minister of Disaster Management and Mr Daya Gamage, UNP National Organizer joined the contingent aboard the Sri Lankan Airlines flight.
Sri Lanka in quick response to the tragedy in the South Asian nation sent an initial emergency rescue and relief contingent comprising of 44 military and 4 civil medical personnel to assist in the relief and rescue operations on Sunday. The 7.8 magnitude earth quack hit Nepal on Saturday (25th).
The SLAF aircraft which took the first team of aid workers returned home yesterday bringing in a group of 42 Sri Lankans left stranded there.
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Guys any Information on Secretary of State John Kerrys Visit to SriLanka?
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