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It is overly simplistic to compare UL to other Airlines imho.
You don't see aircraft being used like 3-wheelers, routes flown determined by politics not economics and an appointed management of unqualified yes-men at other Airlines.
The results are predictably disastrous - it's like watching a train wreck in slow motion.
A bit late for an investigation at this point imho - what is needed is an independent financial investigation. Wishful thinking on my part - I know it will never happen.
GOSL is out of money. EPF/ETF is their last source of funds. This is pretty serious stuff - after this money has been pissed away millions of Sri Lankans will have lost their retirement savings. Since they are behind in their accounting this may already be the case.
Based on the published loan figures and the losses from UL's own financial reports - UL will run out of money by the end of the year. Bankruptcy is inevitable at this point imho.
What I don't understand is why UL was able to join OneWorld given their financial position.
The real tragedy is that most of this could have been avoided - I'm convinced UL could have been a profitable Airline.
There needs to be accountability - the present culture is one of impunity and zero accountability.
My present Airline is the complete opposite of UL - privately owned and run like a business with people who know what they're doing.Always fly a stable approach - it's the only stability you'll find this businessComment
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Yes and you are proving my point by skirting around the original question of dividend...Mirabel is a failed project and never disagreed on that. We in Canada hold people for accountability (and we also have money to spend
) . Your knowledge very limited; Mirabal is not the biggest white elephant project in this PLANET...if you want to see them just look inside Chinese real estate market. also known as Ghost Towns. In aviation world it could be the Spanish Airport south of Madrid.
Since you started to comparing YMX Mirabel...do you agree Mattala HRI is a failed project?Comment
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YMX is over 30 years old whereas HRI is about 15 months........... i'd say its still too early to make a callComment
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BTW,,, YMX is thrice the size of Ciudad Real Central Airport (the one in spain)Comment
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Actually Lufthansa is narrowing their losses. IAG I believe is making profits now as well. And other well managed regional airlines such as CX and SQ are also making profits. Qantas and MH are not the best examples of well managed airlines.
As I said before if UL makes hard decisions (e.g. slashing non profitable european routes, implementing VRS to trim staff numbers, charging commercial rates for all flights etc) and focusses on innovation (consistent on board product, latest technology IFE, aisle access on business class seats etc) to differentiate itself, it could turn around and make a profit.
Same goes with MJ although that would require someone to totally restructure it as a pure LCC and take a gamble on rapidly expanding it. Could allow Mattala to be used as a LCC hub as well.Comment
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We are wasting reems and reems of pages on this forum debating the merits of UL.
Can we please keep i focused to information and move the debating elsewhere?
Its clear that certain individuals are rooted in their opinions and cannot see the light of day.
Getting back to information, CAN SOMEONE PROVIDE AN UPDATE ON THE CABIN UPGRADES???
Have all the 330's been done now?Comment
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^^ Yeah. Kindly answer my question too about cabin upgrade of Mihin Lanka.Comment
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NO RECENT ACTIVITY FOR 4R-ADE: http://www.flightradar24.com/data/airplanes/4r-ade
does this have something to do with cabin upgrades?????Comment
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