Q. Would it be better to negotiate our leases and to get older model Airbus aircraft for less monthly lease and interest rates since, as you said, the current fleet of Airbus A330s are not efficient at doing air cargo and passenger transport like the Boeing 747?
A. Most of the leases are for 12-year periods. Many of them began in 2014/15 and some in 2017. So they have many years to run — the first, for the most expensive A330s, will begin to expire in 2026. Until then SriLankan Airlines is contractually liable for them.
Once the pandemic recedes and a vaccine is available, airline traffic will slowly recover. There will be plenty of airlines such as Emirates, Qatar, Singapore, Cathay etc, who will connect Sri Lanka to the world. The strong LCCs (Indigo, Air Arabia, Fly Dubai, Air Asia, Lion Air etc) will also provide regional connectivity.
There will be other privately funded airlines springing up to service the market too. FITS already has an operation running. Two start-ups, Spark Air and Fly Lankan, are advertising their intent. In my opinion, there is no need for the GOSL to waste public money on the airline business. It is far better if private enterprise is allowed to operate airlines based in the country than for the government to spend state funds.
It is a matter of the GOSL having to decide where the priorities lie. Propping up UL for another 3 to 5 years will cost somewhere in the region of USD 3 billion. The choice is up to the government. Will the money be better spent elsewhere, or should the national carrier continue to be subsidized? That’s a political choice.
Read excerpts of CounterPoint’s exclusive interview with former CEO of SriLankan Airlines, Suren Ratwatte, as he weighs in where Sri Lanka’s national carrier is headed. Q. What kind of restructuring should UL adopt and what kind of strategy should UL implement if it wants to survive in future? A. As long as SriLankan Airlines (SLA) [...]
Does anyone have any updates on start up airlines : Fly Lankan Asia and Sparkair?
After posting, I did some digging and came out with this. Looks like they all are waiting for the AOC (which can take good 6 7 months) and thanks to COVID-19 might take some more time.
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After posting, I did some digging and came out with this. Looks like they all are waiting for the AOC (which can take good 6 7 months) and thanks to COVID-19 might take some more time.
Aura is another domestic airline/flying school if I'm not wrong who will also be starting operations from VCCC/RMA soon.
Aura is another domestic airline/flying school if I'm not wrong who will also be starting operations from VCCC/RMA soon.
Aura is domestic airline according to this ?
Sept 02, Colombo: State Minister of Civil Aviation and Export Zone Development D V Chanaka visited the Colombo International Airport at Ratmalana on Monday on an observation tour to inspect the future development plans of the Airport. According to the AASL, the airport is already being developed to attract international corporate jets, commence international scheduled passenger flight operations primarily targeting the Maldives and South India when the boarders are open. In addition, the airport is being developed for domestic flight operations as the domestic hub in the country and aviation training has also been identified as a key strategic area for future development. On the same day, agreements were signed with the Asian Aviation Centre for a period of 3 years and in addition, a new agreement was signed with the Aura Airlines, a new domestic airline commencing operations at Ratmalana, the AASL said.
Aura is another domestic airline/flying school if I'm not wrong who will also be starting operations from VCCC/RMA soon.
Hi Haleef, thanks for the update ! the aircraft in the above post belongs to Aura Airlines? or have they brought the plane.
I wonder why domestic airline sector is not successful in Sri Lanka. There are few domestic airlines are in Sri Lanka such as Millennium Airlines, Fitsair, Sakurai, Serendib Airlines, Fly Southern etc. But i think none of them are operating domestic schedule flights these days ? As far as i know, Fitsair was operating schedule flights to Batticaloa and Jaffna until Covid. I wonder what happened to Sakurai's YS-11 . SLAF MA60s are still in operation?
It seems domestic flight operation in other countries like India are operating as normal.
Hi Haleef, thanks for the update ! the aircraft in the above post belongs to Aura Airlines? or have they brought the plane.
I wonder why domestic airline sector is not successful in Sri Lanka. There are few domestic airlines are in Sri Lanka such as Millennium Airlines, Fitsair, Sakurai, Serendib Airlines, Fly Southern etc. But i think none of them are operating domestic schedule flights these days ? As far as i know, Fitsair was operating schedule flights to Batticaloa and Jaffna until Covid. I wonder what happened to Sakurai's YS-11 . SLAF MA60s are still in operation?
It seems domestic flight operation in other countries like India are operating as normal.
As I know of, still only everything is waiting for AOC. No aircraft have been acquired as of yet. Sakurai's YS-11 will not fly. FitsAir also wasn't operating in the past few days most probably due to the low demand of pax. But cargo is flying to and from Indian destinations, Male and Dubai. Serendib's GA-8 is now operated by Lakwin Aviation and will also be starting hopefully soon. Millennium Airlines has closed and is noore, both in domestic and flying training. Recently their R-66 was also sold to a German operator. SLAF MA-60s fly regularly on and off, I doubt they go on passenger run though.
IndiGo airlines flight 6E9031 which has been originated from Chennai just now landed at HRI.
Operated by ATR (VT-IYG). Is same aircraft operate the flight (6E9203) from BLR to HRI last time? it was carrying one passenger in that flight if i recall it correctly.
To resume international tourism in a COVID-19 safe environment, guidelines are being finalised with a draft strategy document under discussion among key stakeholders. ..
Amazing idea!
Hope they can provide some solid outbound connections form Addis Ababa
Aaqib, Good news! According to SL CAA, Ethiopian Airlines obtains FAOC for conducting scheduled flights to Sri Lanka.
Guess which aircraft Ethiopian would use on Sri Lanka route? I wonder if this route will become successful but its going to be competition between Turkish Airlines and Ethiopian. May be Turkish would consider flying nonstop to Colombo to compete with ET? Which outward connections Ethiopian would give for Sri Lanka passengers.
its quite shame ET couldn't materialize Colombo route last 10 years or so. I remember once ET was planning ADD-BOM-CMB. I hope you also remember.
Fingers crossed lets hope ET start CMB flights very soon.
Congratulations !
Ethiopian Airlines obtains FAOC from Sir Lanka for conducting of Scheduled Commercial Air operations in to Sri Lanka.
The Airline is the only direct air connectivity to the African region from Colombo.
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Aaqib, Good news! According to SL CAA, Ethiopian Airlines obtains FAOC for conducting scheduled flights to Sri Lanka.
Guess which aircraft Ethiopian would use on Sri Lanka route? I wonder if this route will become successful but its going to be competition between Turkish Airlines and Ethiopian. May be Turkish would consider flying nonstop to Colombo to compete with ET? Which outward connections Ethiopian would give for Sri Lanka passengers.
its quite shame ET couldn't materialize Colombo route last 10 years or so. I remember once ET was planning ADD-BOM-CMB. I hope you also remember.
Fingers crossed lets hope ET start CMB flights very soon.
I was going through some articles about the effect it could have on TK....
I think TK should continue doing what they are doing for the moment, mainly because ET is also a StarAlliance member and they may have something mutually beneficial on the cards
ET has also started direct flights to Istanbul a few months ago using their 737-800’s which I feel may also be utilized for the CMB sector as well and if I’m not mistaken I think BOM is also served by a 737-800
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