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SriLankan Airlines’ future plans to be unveiled on Wednesday
SriLankan Airlines chairman Ajith Dias and airline CEO Suren Ratwatte have scheduled a briefing for the media on Wednesday, October 5 to discuss the loss—making airline’s plans for the future.
The airline has so far attracted eight offers for management control which are being processed, airline officials said.
“The Chairman and CEO of the company (will) share with you (media) the current status of the airline, their vision and plans for the future of the airline,” the airline said in a statement on Monday. (SD)
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Why has it got to refuel at CMB. The A330-300 has enough range to cover the two airports, unless the aircraft is a A330-300 regional jet.Comment
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These will be pilgrims traveling - they have a lot of gear with them. I did a flight from JED over the Summer where the payload was 9,000kg higher than planned.
Medina is a "hot and high" airport. This combination may reduce the maximum take-off weight to the point that the flight cannot be done non stop.
Maximum take-off weight depends on meeting single - engine climb gradients. At an airport like Medina you may also start to run into brake energy or tire speed limits.
I operate out of an airport where it was 44C at time of departure over the Summer. This reduced our maximum allowable take-off weight by just over 20,000kg. On several flights we had to change the planned alternate to a closer one in order to be able to complete the flight.Always fly a stable approach - it's the only stability you'll find this businessComment
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Sri Lanka to pay $170 million to AerCap for A350 cancellation - Finance Minister
Sri Lanka will pay $170 million to AerCap Holdings NV (AER.N), the world's largest independent aircraft leasing company, for cancelling four A350s ordered by the previous government, Finance Minister Ravi Karunanayake said on Tuesday.
The move comes as the government is in the process of finalizing a partner to revive the national carrier. It canceled four of eight A350 aircraft orders with Airbus Group SE (AIR.PA).
"The cost will be $170 million for the cancellation and it will be paid for AerCap," the finance minister told Reuters.
Government officials have said the remaining four A350s are scheduled to be delivered towards 2020 but the government is yet to take a decision on them.
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That's a lot more than the GOSL has admitted to. Another $170 Million for the Sri Lankan people to absorb! Disgusting!
People have pocketed $ Millions on this deal. This deal represents the complete failure of the Rule of Law.
No Investigations, No Accountability and No effort to recover a single Rupee from the Racketeers.
If any Reporters are reading this:-
Ask some questions at the press conference tomorrow.Always fly a stable approach - it's the only stability you'll find this businessComment
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The mess in SriLankan Airlines is getting worse!
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SriLankan Airlines to start A320neo ops in 1Q2017. I think the first A320neo for UL is MSN7486
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I am not sure how accurate the report is because an earlier news article quoted Minister Kabir Hasim that the government had negotiated and reduced the penalty from 170 million US $ to 98 million US $ (sorry cannot trace that link ATM).
Not sure if the problems lies with the ministers or the media in publishing baseless facts but that's how what's how everything rolls here..Comment
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Fitsair's IL18 (4R-EXD) left Sri Lanka and delivered to LED via PKV on the 3rd Oct 2016 for storage. Now Fitsair is down with only one aircraft in Colombo which is their MD80F. Any updates about they are taking delivery of second MD80F any sooner. As per news, SriLankan Cargo is doing good but not sure why they are not expanding.Comment
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Always fly a stable approach - it's the only stability you'll find this businessComment
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That's exactly what I thought when I saw the news.
Then I realized its a news piece from Reuters, so the zeros (millions and billions) should be accurate.
Earlier it was reported that SL paid a USD 17M penalty to cancel the first A359. So paying USD 153M for the subsequent three (USD 51M a piece) seems hugely excessive.
Since Reuters are quoting none other than the Finance Minister (who I assume is good with numbers) the only plausible explanation is that this is a gross exaggeration to throw unfathomable figures at the general public.
Disclaimer: I am not privy to the conditions in the contract or the penalty clauses contained therein, so I may be off base here.Last edited by Cayman; 05-10-2016, 10:07 AM.Comment
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