Sri Lanka Aviation

**banuthev** · 19-06-2016, 05:37 AM

Originally posted by Speedbird

http://www.sundaytimes.lk/160619/bus...0s-197418.html

Thanks Speedbird. So in that case UL is not going to take any of the A350?

Just to make it clear:

4 x A350 Direct order with Airbus = Cancelled
4 x A350 on Lease Agreement = One is already sub-leased to a leasing company and UL is in discussion with TK to give the three x A350 aircraft on sublease.

http://www.sundaytimes.lk/160619/bus...0s-197418.html

reuters.com

http://mobile.reuters.com/article/idUSL3N1873MC

**marlon.oorlof** · 19-06-2016, 08:16 AM

Originally posted by banuthev

Thanks Speedbird. So in that case UL is not going to take any of the A350?

Just to make it clear:

4 x A350 Direct order with Airbus = Cancelled
4 x A350 on Lease Agreement = One is already sub-leased to a leasing company and UL is in discussion with TK to give the three x A350 aircraft on sublease.

http://www.sundaytimes.lk/160619/bus...0s-197418.html

http://mobile.reuters.com/article/idUSL3N1873MC

Good move srilankan, first restructure the management,qualified employees and capitalise on revenue and get the balance sheet stronger (maintain net assets instead of net debts ).

**A350-XWB** · 19-06-2016, 08:23 AM

Originally posted by Speedbird

http://www.sundaytimes.lk/160619/bus...0s-197418.html

TK is always a candidate when it comes to buy new planes... They were "interested" in the A380 several times and never actually bought it. Same for the UL A350s, there have been rumors before and a deal did not materialize. Now, they seem to be interested again but we are not too confident about this deal.
Sad indeed that MSN52 was painted in white :/

Regards,
Lucas and Philipp.

**banuthev** · 19-06-2016, 08:48 AM

Originally posted by marlon.oorlof

Good move srilankan, first restructure the management,qualified employees and capitalise on revenue and get the balance sheet stronger (maintain net assets instead of net debts ).

First UL need the right people in the Management (Appoint the CEO who have vey good experience in managing an airline). It's a big mistake they are doing by down-sizing the network it will cause them loosing the transit pax traffic.

Cancelling A350 order could be A good idea but UL has to lease more A320ceos in the fleet and quickly start expanding to new regional destinations in India, Vietnam, Pakistan, Myanmar etc.. I think again UL is doing the mistake by planning to lease NEOs which are 10 mil USD expensive than CEOs.

**ejanson65** · 19-06-2016, 12:58 PM

Originally posted by banuthev

First UL need the right people in the Management (Appoint the CEO who have vey good experience in managing an airline). It's a big mistake they are doing by down-sizing the network it will cause them loosing the transit pax traffic.

Cancelling A350 order could be A good idea but UL has to lease more A320ceos in the fleet and quickly start expanding to new regional destinations in India, Vietnam, Pakistan, Myanmar etc.. I think again UL is doing the mistake by planning to lease NEOs which are 10 mil USD expensive than CEOs.

Start by tackling the Racketeering and the Racketeers at the National Level. Without ending the rampant theft, fraud and corruption everything else is a waste of time imho.

Otherwise the country is just going to become another failed state. (Personal opinion - that's already the case).

Please no more aircraft orders - it's just a way for the Racketeers to make $$$ Millions at the expense of the people of Sri Lanka.

There is no way to save UL - best option is to close it down ASAP.

**banuthev** · 19-06-2016, 03:53 PM

Originally posted by ejanson65

Start by tackling the Racketeering and the Racketeers at the National Level. Without ending the rampant theft, fraud and corruption everything else is a waste of time imho.

Otherwise the country is just going to become another failed state. (Personal opinion - that's already the case).

Please no more aircraft orders - it's just a way for the Racketeers to make $$$ Millions at the expense of the people of Sri Lanka.

There is no way to save UL - best option is to close it down ASAP.

Sad but UL will close down very soon as people at SL Gov not capable to run aviation business.

Atleast Its good to see possitive comments from UL passengers: http://www.airlinequality.com/airlin...nkan-airlines/

**Speedbird** · 19-06-2016, 06:54 PM

Originally posted by ejanson65

...

There is no way to save UL - best option is to close it down ASAP.

Agreed...that is partially correct. Best option is closing UL down completely and demonopolization of AASL. AASL would be the next battleground...it is already heading in the same direction as the Sri Lankan Port Authority...saddling with heavy debt (thanks to HRI) and over staffed. MR and his administration is completely responsible for this fiasco.

Sri Lankan aviation industry can be summed up as...how to lose money on a monopoly.

**Speedbird** · 19-06-2016, 07:10 PM

Originally posted by marlon.oorlof

Good move srilankan, first restructure the management,qualified employees and capitalise on revenue and get the balance sheet stronger (maintain net assets instead of net debts ).

GOSL cannot run any airlines...They tried with Air Ceylon then AirLanka and then took over EK managed Sri Lankan. With a socialist attitude; nepotism, militant unions and their political masters, corruption, sleaze, peddling half truths, pork barrel spending and the latest addition to the list fake patriotism...they tried to run an airline business since independence, only ended up with is driving it into the ground. recapitalization will only prolong the inevitable.

**kennny15** · 20-06-2016, 04:03 PM

Orders and customers Firm orders as of end May 2016

according to airbus the website show srilankan airlines with 4 airbus A350

http://www.a350xwb.com/od/

**A350-XWB** · 20-06-2016, 07:43 PM

Originally posted by kennny15

Orders and customers Firm orders as of end May 2016

according to airbus the website show srilankan airlines with 4 airbus A350

http://www.a350xwb.com/od/

Yes, but this has always been like this. Airbus does not include the leased aircraft. Same for THAI for example.

**banuthev** · 20-06-2016, 08:05 PM

Originally posted by A350-XWB

Yes, but this has always been like this. Airbus does not include the leased aircraft. Same for THAI for example.

May be UL hasn't cancel the direct order for 4 x A350s with Airbus?

**LukeSkywalker** · 21-06-2016, 12:30 AM

Originally posted by banuthev

May be UL hasn't cancel the direct order for 4 x A350s with Airbus?

If they have any sense they would have at least delayed the final assembly until they they can offload the slots to someone else (or delay it indefinitely like VS and their 380s, Airbus might allow them to transfer the deposits to something else).

**banuthev** · 21-06-2016, 01:32 AM

Originally posted by LukeSkywalker

If they have any sense they would have at least delayed the final assembly until they they can offload the slots to someone else (or delay it indefinitely like VS and their 380s, Airbus might allow them to transfer the deposits to something else).

Its not too late to cancel direct order. 4 of those A350s which were UL ordered directly from Airbus are not yet in the production as deliveries are due after 2019/2020. Obviously another 4 of A350s ordered on Lease from Aercap had to be now sub-leased to another airline operator or lessor. Leased MSN52, MSN55, MSN60 were already been assembled and MSN171 already in production waiting to be assembled in 2017.

**ejanson65** · 21-06-2016, 06:01 AM

Originally posted by banuthev

Its not too late to cancel direct order. 4 of those A350s which were UL ordered directly from Airbus are not yet in the production as deliveries are due after 2019/2020. Obviously another 4 of A350s ordered on Lease from Aercap had to be now sub-leased to another airline operator or lessor. Leased MSN52, MSN55, MSN60 were already been assembled and MSN171 already in production waiting to be assembled in 2017.

Latest I've heard is that the deal with Turkish has fallen through.

Any journalists reading here? This is quite a story - a few profit at the expense of the entire country.

Aercap won't respond to my requests for information on this deal.

**kennny15** · 21-06-2016, 07:21 PM

Originally posted by ejanson65

Latest I've heard is that the deal with Turkish has fallen through.

Any journalists reading here? This is quite a story - a few profit at the expense of the entire country.

Aercap won't respond to my requests for information on this deal.

Three new A350s to the SriLankan fleet

on the video say that the order was place in January 2016 and the delivery would be in October

https://www.youtube.com/watch?v=us8GTLzYBQM

Sri Lanka Aviation

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