Sri Lanka Aviation

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  • Azamh
    Senior Member
    • Apr 2011
    • 246
    #10111
    Why still 4R-ALR is not flying

      Comment

      • banuthev
        Administrator
        • Dec 2010
        • 3947
        #10112
        Originally posted by Azamh
        Why still 4R-ALR is not flying
        I saw on the recent youtube video 4R-ALR was parked outside the hanger.

          Comment

          • banuthev
            Administrator
            • Dec 2010
            • 3947
            #10113
            I heard that Biman Bangladesh Airlines is planning to start new routes onboard B787-8. Colombo is one of them. Do you think Biman could profitably operate B787 on the Colombo route?

              Comment

              • ejanson65
                Senior Member
                • Jul 2013
                • 628
                #10114
                | EconomyNext
                http://www.economynext.com/Petroleum_SOE_in_talks_to_avoid_bankrolling_Sri_Lanka_state_airline_losses-3-11070.html


                I doubt it will actually come to this - a decree will be issued from Temple Trees.

                It does show what a disaster the financial situation at UL is.
                Always fly a stable approach - it's the only stability you'll find this business

                  Comment

                  • Serendib
                    Senior Member
                    • Jan 2011
                    • 1807
                    #10115
                    Originally posted by ejanson65
                    http://www.economynext.com/Petroleum...s-3-11070.html

                    I doubt it will actually come to this - a decree will be issued from Temple Trees.

                    It does show what a disaster the financial situation at UL is.
                    So sad to hear all the things happening to Sri Lankan airlines which had the best service. So the airline will come to a complete stop in a few days?

                      Comment

                      • ejanson65
                        Senior Member
                        • Jul 2013
                        • 628
                        #10116
                        Originally posted by Serendib
                        So sad to hear all the things happening to Sri Lankan airlines which had the best service. So the airline will come to a complete stop in a few days?
                        That's not clear - nobody knows when the money will run out. Those that do aren't talking.

                        All the "Big Talk' about restructuring appears to be just that - talk. All the claims about renegotiating the aircraft leases and orders appear to be nothing more than wishful thinking.

                        Apparently there's still money to pay Suren's ridiculous salary and I'm sure he'll leave with his requested severance.
                        Always fly a stable approach - it's the only stability you'll find this business

                          Comment

                          • Serendib
                            Senior Member
                            • Jan 2011
                            • 1807
                            #10117
                            Originally posted by ejanson65
                            That's not clear - nobody knows when the money will run out. Those that do aren't talking.

                            All the "Big Talk' about restructuring appears to be just that - talk. All the claims about renegotiating the aircraft leases and orders appear to be nothing more than wishful thinking.

                            Apparently there's still money to pay Suren's ridiculous salary and I'm sure he'll leave with his requested severance.
                            Sri Lankan Airlines owes the Ceylon Petroleum Corporation a sum of Rs 13.45 billion. Reports suggest that the Airline is preparing to obtain a loan from a private bank in order to make payments to the CPC.

                            Source-News1st

                              Comment

                              • ejanson65
                                Senior Member
                                • Jul 2013
                                • 628
                                #10118
                                Shouldn't be anymore loans to UL - there is no way any of this money will ever be paid back as there is no way for UL to ever make money.

                                This is all Politics - just more losses for the people of Sri Lanka to absorb.

                                Why should the people of Sri Lanka have to pay a single Rupee of the UL debt while Suren and others pocket absurd amounts of money with zero accountability?
                                Always fly a stable approach - it's the only stability you'll find this business

                                  Comment

                                  • lordvader
                                    Senior Member
                                    • Jan 2011
                                    • 366
                                    #10119
                                    Originally posted by Serendib
                                    Sri Lankan Airlines owes the Ceylon Petroleum Corporation a sum of Rs 13.45 billion. Reports suggest that the Airline is preparing to obtain a loan from a private bank in order to make payments to the CPC.

                                    Source-News1st
                                    Would a private bank even loan money to UL given their current situation?

                                      Comment

                                      • ejanson65
                                        Senior Member
                                        • Jul 2013
                                        • 628
                                        #10120
                                        Originally posted by lordvader
                                        Would a private bank even loan money to UL given their current situation?
                                        Easy - the loan will be guaranteed by the GOSL. This means the taxpayers are on the hook for another $85 Million.

                                        This is the only way UL will get any money - there is no way UL can pay back any of these loans. Everybody knows this.

                                        Hopefully the IMF will put a stop to this - they've already stopped any direct investment in UL by the GOSL.
                                        Always fly a stable approach - it's the only stability you'll find this business

                                          Comment

                                          • newsflasher
                                            Member
                                            • Apr 2011
                                            • 84
                                            #10121
                                            Austrian leaving CMB https://www.austrianairlines.ag/Pres...spx?sc_lang=en
                                            Last edited by newsflasher; 07-07-2018, 03:44 PM.

                                              Comment

                                              • banuthev
                                                Administrator
                                                • Dec 2010
                                                • 3947
                                                #10122
                                                Originally posted by newsflasher
                                                Austrian leaving CMB https://www.austrianairlines.ag/Pres...spx?sc_lang=en
                                                Sorry to hear this ! Is Austrian Airlines leaving Colombo because of the re-entry of Edelweiss Air to Colombo in October ? May be Lufthansa Group doesn't want to operate Colombo flights from both Vienna and Zurich.
                                                Attached Files

                                                  Comment

                                                  • 4R-ALA
                                                    Senior Member
                                                    • Feb 2013
                                                    • 383
                                                    #10123
                                                    Haleef - do you know when 4RALR will be back in service?

                                                      Comment

                                                      • Haleef
                                                        Senior Member
                                                        • Nov 2012
                                                        • 1468
                                                        #10124
                                                        Originally posted by 4R-ALA
                                                        Haleef - do you know when 4RALR will be back in service?
                                                        Sorry, but no idea. Checks are taking longer than expected. Wonder what is there to be checked so much.
                                                        Haleef Ismail
                                                        www.youtube.com/haleef1 | www.instagram.com/cmb_spotter

                                                          Comment

                                                          • banuthev
                                                            Administrator
                                                            • Dec 2010
                                                            • 3947
                                                            #10125
                                                            Originally posted by Haleef
                                                            Sorry, but no idea. Checks are taking longer than expected. Wonder what is there to be checked so much.
                                                            Any updates on wet-leasing some of the SriLankan A333s to Turkey ?

                                                            https://airsrilanka.wixsite.com/aviation (desktop version)

                                                              Comment

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