Sri Lanka Aviation

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  • dilushasg-bdavi
    Senior Member
    • Feb 2011
    • 555

    #4081
    @lordvader,, when airlines like: Qantas, Lufthansa, MH are making big losses,,, how on earth do u expect UL to fly high with profits?????

    Comment

    • Speedbird
      Senior Member
      • Feb 2012
      • 616

      #4082
      Originally posted by dilushasg-bdavi
      @lordvader,, when airlines like: Qantas, Lufthansa, MH are making big losses,,, how on earth do u expect UL to fly high with profits?????
      Stop just talking like a parrot without any facts. LH group is making profit and declared dividend. So as per your theory GOSL should be receiving dividend for the year 2013/14??? right
      http://www.lufthansagroup.com/en/pre...icle/2847.html
      Last edited by Speedbird; 25-05-2014, 07:52 PM.

      Comment

      • Speedbird
        Senior Member
        • Feb 2012
        • 616

        #4083
        Originally posted by 4R-ALA
        have a look at these articles and see how the aviation world is. its nothing sweet and rosy.

        And most users in here really should address people with respect. Please guys.
        Aviation world is sweet and rosy it depend on which company you pick and choose. QF is not making any profit but Jetstar is. Delta and United are making profit including Westjet in Canada. But they are all independent financed. Government backing for most airline has ceased or non existent except for few airline.

        http://www.sundayobserver.lk/2014/05/25/new04.asp
        GOSL Minister (Even though he is partially responsible for the mess) want to appoint independent team of professional to make a comprehensive study on the administrative structure and five-year plan of SriLankan Airlines. That tell me only one thing there is NO CONFIDENCE on the management of UL.

        AND Why does the GOSL Minister comparing UL with Middle eastern carriers??? Hmm interesting some here want to compare UL with some junk airlines. some of those junk airlines have got some aircrafts banned from EU airspace

        Most of the large airline you mention who are making losses are independent entities they are not backed by any state government except for middle eastern and some Asian airlines. QR and WY can afford to make losses they have deep pockets. where as GOSL does not

        here is another article:
        The annual report of the Employees Provident Fund (EPF) for 2011 presented to Parliament this week revealed that poor investment choices of the fund’s monies


        "The EPF had also invested Rs.500, 000,000 in around 1. 8 million units of an airline company in July 2010 but this had not yielded any income to the Fund since the date of investment." GOSL raided the national pension fund to finance airline. If this happened in a democratic country some people would get fired and/or sent to jail for misappropriating state funds. that's called ACCOUNTABILITY

        there are some people in forum I just do not respond they spin the truth and become malicious and trying to subdue other factual view point.

        idiom:
        "I just won't get into a pissing contest with that skunk." (1953 - referring to Sen. Joseph McCarthy)
        ~Dwight D. Eisenhower
        Last edited by Speedbird; 25-05-2014, 07:53 PM.

        Comment

        • slaviator
          Member
          • Jul 2012
          • 56

          #4084
          Originally posted by Speedbird
          idiom:
          "I just won't get into a pissing contest with that skunk." (1953 - referring to Sen. Joseph McCarthy)
          ~Dwight D. Eisenhower
          “Never argue with an idiot. They will drag you down to their level and beat you with experience.”
          ― Sarah Cook

          Comment

          • slaviator
            Member
            • Jul 2012
            • 56

            #4085
            Originally posted by ak892
            I'm not really bothered by the fact we are making losses considering a lot of major airlines around the world are facing losses etc.

            The major problem I have is that unlike other major airlines there is so much politics involved.We have incapable people in charge who are appointed due to political reasons. UL has just become a foreign policy tool for the present regime e.g. flying to the Seychelles makes no sense from a country like SL.

            I don't think UL should benchmark it self against major airlines like EK, SQ right now but it should definitely be bench marking against the smaller major airlines which are more similar to UL. As it grows in capacity then it can look to compare with the major players of the aviation industry.
            yahh I believe the politics should definitely go out of the system for a lot of things, but people need to culturally adjust and I don't believe we are there just yet!

            Comment

            • dilushasg-bdavi
              Senior Member
              • Feb 2011
              • 555

              #4086
              Originally posted by Speedbird
              Stop just talking like a parrot without any facts. LH group is making profit and declared dividend. So as per your theory GOSL should be receiving dividend for the year 2013/14??? right
              http://www.lufthansagroup.com/en/pre...icle/2847.html
              who u calling parrot???? if im not wrong u live in the country, where politics funded the biggest white elephant project on the planet (Mirabel Airport)

              Comment

              • ejanson65
                Senior Member
                • Jul 2013
                • 628

                #4087
                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 business

                Comment

                • Speedbird
                  Senior Member
                  • Feb 2012
                  • 616

                  #4088
                  Originally posted by dilushasg-bdavi
                  who u calling parrot???? if im not wrong u live in the country, where politics funded the biggest white elephant project on the planet (Mirabel Airport)
                  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

                  • dilushasg-bdavi
                    Senior Member
                    • Feb 2011
                    • 555

                    #4089
                    YMX is over 30 years old whereas HRI is about 15 months........... i'd say its still too early to make a call

                    Comment

                    • dilushasg-bdavi
                      Senior Member
                      • Feb 2011
                      • 555

                      #4090
                      BTW,,, YMX is thrice the size of Ciudad Real Central Airport (the one in spain)

                      Comment

                      • lordvader
                        Senior Member
                        • Jan 2011
                        • 366

                        #4091
                        Originally posted by dilushasg-bdavi
                        @lordvader,, when airlines like: Qantas, Lufthansa, MH are making big losses,,, how on earth do u expect UL to fly high with profits?????
                        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

                        • NeatStuff
                          Member
                          • Jul 2012
                          • 59

                          #4092
                          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

                          • MalaysiaMustafa
                            Senior Member
                            • Jul 2012
                            • 104

                            #4093
                            ^^ Yeah. Kindly answer my question too about cabin upgrade of Mihin Lanka.

                            Comment

                            • dilushasg-bdavi
                              Senior Member
                              • Feb 2011
                              • 555

                              #4094
                              Originally posted by lordvader
                              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.
                              since sum ppl in this forum has always something to say,,,,,they will blame GOSL or UL for causing unemployment......

                              Comment

                              • dilushasg-bdavi
                                Senior Member
                                • Feb 2011
                                • 555

                                #4095
                                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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