Sri Lanka Aviation
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This is a sticky topic.
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India receives no bids for Air India stake sale
This should bring reality for all those screaming on PPP for 51% on UL. Airline who makes profits are not doing a charity business
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SriLankan Airlines starting this month is adjusting operational frequencies to South East Asia, as the airline removes selected flights for the rest of summer 2018 season. Affected routes include the following.
Colombo – Bangkok eff 01JUN18 Reduce from 21 to 17 weekly
Colombo – Singapore eff 13JUN18 Reduce from 21 to 20 weekly, 18 weekly from 01JUL18
Source-routeonline
Bad move reducing bkk, sin.
Aircraft shortage?? or low demand due to UL direct flights to Melbourne??Comment
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Good news and bad news, yes the A359 would be an eye brow raiser as it is the first time we are gonna see it operate to Colombo. But then this also means that we are bidding adieu to the mighty Airbus A340 and this too being Qatar they operate their behemoth A340-600 so it's gonna be a loss for the plane spotter around katunayake as it was the only quadjet in regular operations to Colombo.Comment
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No - lack of Pilots. Short 60 from what I have heard and there are Pilots leaving.SriLankan Airlines starting this month is adjusting operational frequencies to South East Asia, as the airline removes selected flights for the rest of summer 2018 season. Affected routes include the following.
Colombo – Bangkok eff 01JUN18 Reduce from 21 to 17 weekly
Colombo – Singapore eff 13JUN18 Reduce from 21 to 20 weekly, 18 weekly from 01JUL18
Source-routeonline
Bad move reducing bkk, sin.
Aircraft shortage?? or low demand due to UL direct flights to Melbourne??Always fly a stable approach - it's the only stability you'll find this businessComment
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No. We will still see the A340. The only aircraft getting replaced is the Qatar A320 that flies on QR662 and QR663.Good news and bad news, yes the A359 would be an eye brow raiser as it is the first time we are gonna see it operate to Colombo. But then this also means that we are bidding adieu to the mighty Airbus A340 and this too being Qatar they operate their behemoth A340-600 so it's gonna be a loss for the plane spotter around katunayake as it was the only quadjet in regular operations to Colombo.Comment
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Definitely, it would be nice the private wing in Sri Lanka operating the international operations. What is stopping FitsAir to expand the operation to abroad ? They have flying rights from CAA to operate freighter flights to international destinations from Sri Lanka. So why not pax operations ?
That ATR72 was leased to Taiwan/Indonesia was a 70 seater aircraft perfect for operating destinations like Gan, Mangalore etc.Comment
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More talk - does anyone think anything will happen?
They have more than enough evidence from the Weliamuna Commission report to prosecute present and former management - but have done nothing but protect these people.
There's been more than enough time to destroy letters and delete e-mails.Always fly a stable approach - it's the only stability you'll find this businessComment
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IMF Releases $250 Million Of Sri Lanka Loan, Seeks Airline Shake-Up
IMF Releases $250 Million Of Sri Lanka Loan, Seeks Airline Shake-Up.
https://www.ndtv.com/world-news/imf-...ake-up-1861429Comment
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The Commission under the mandate from President is expected to look into the following irregularities in the relevant companies.
01. monetary allocations, loans, shares, investments and other finances from the Treasury, Central Bank, People’s Bank, Bank of Ceylon or any other financial institution.
02. The establishment, operation, and cessation of Mihin Lanka (Pvt) Ltd,
03. The reasons for the termination of the agreement entered between the SriLankan Airlines and Emirates Airlines, which is the international Airlines Company of the U.A.E. and its complex results,
04. Entering, extending and termination of agreements to purchase of aircraft and other assets, selling, leasing, selling and re-renting, conveyance, exchange, releasing and disposal.
05. Purchase, hire, lease, charter, sale, and transfer of aircraft or any assets valued more than Rs 50 million.
06. Consigning and appointing of sub-agents, brokers and consultants, companies, individuals or entity to supply goods, services or any other function
07. Opening, maintenance and suspension of networks and offices in other countries
08. The interactions between SriLankan Airlines, SriLankan Catering and Mihin Lanka.
09. Human Resource Management including selection, appointment, remuneration, promotions, transfers, employee restructuring and retirement of the Board of Directors, CEOs, Chairman and other senior management.
10. Financial reporting, compliance with relevant accounting and auditing standards, and financial and operational performance and standards.
Source-Lanka business onlineComment
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1-10 represents
Theft
Fraud
Corruption
Nepotism
Cronyism
Incompetence
Criminal Negligence
Abuse of Power
Treason
An investigation such as this is impossible in the present culture of Impunity and Zero Accountability. The Rule of Law does not exist in Sri Lanka.Always fly a stable approach - it's the only stability you'll find this businessComment
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