Sri Lanka Aviation

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  • ULA340
    Member
    • Oct 2015
    • 33

    #7516
    UL wet lease 4 of it's brand new A330 - 300 to PIA to cover up the penalty cause by the cancellation of the A350's. Also the current A330-200's still have leasing time until April I guess. So it's a good move to wet lease for 6 month rather than parking at the bay for nothing at all.

    Comment

    • lordvader
      Senior Member
      • Jan 2011
      • 366

      #7517
      Originally posted by dilushasg-bdavi
      Our airline was raped by every government and Wahapalanaya did the same by sending off brand new A330s to PIA to earn some pocket money.........oh wait, why would they do that?? They are really honest. They are just paying off the debt of the previous regime.
      Actually they are given that the A330s were apparently leased for over 30% more than the market rate. Probably one of the more sensible decisions made by UL management in recent times.

      Both governments have been piss poor in their management of UL although I can't see why you would even bother defending MR's management of UL. If MR had kept EK in, we wouldn't be in this mess.

      Comment

      • banuthev
        Administrator
        • Dec 2010
        • 4010

        #7518
        Originally posted by LukeSkywalker
        Govt. to discuss EOIs for SriLankan with partners by Jan 2017

        The Government will be discussing with potential partners for SriLankan Airlines interested in its restructure by next January after sorting out the Expressions of Interest (EOI). ”We extended the EOIs’ closing date till end of this month. By about end of September to October we’ll be collecting the EOIs. Once we go through them, we aim to have serious discussions with the potential partners by January next year,” Eran Wickramaratne, Deputy Minister Public Enterprise Development told the Business Times. The ministry ran adverts in national newspapers last month calling for EOI in the national carrier. Meantime Public Enterprise Development Minister Kabir Hashim said they anticipate more offers apart from the eight they already got.

        “The response is encouraging.” He was quoted in the media recently as saying that Japan’s ANA is interested in the national carrier. Sources said that a Chinese and a Middle Eastern carrier have also expressed interest, but both ministers couldn’t confirm this. Mr. Wickramaratne said that on Thursday the IMF had a progress meeting on the status of the airline along with NSB, which is coordinating the financial advisory to restructure it and financial and transaction advisors – BNP Paribas and KPMG. “The IMF, as is the practice, had an airline specialist for this meeting.” He added that the airline’s ground handling unit will be valued separately. “Going forward, we’ll be separating this unit,” he added.

        http://www.sundaytimes.lk/160807/bus...17-203610.html
        Okay !! Which Middle East carrier expressed interest in managing SriLankan? Every body knows ANA & Hainan are leading applicants so far.

        Comment

        • LukeSkywalker
          Senior Member
          • Feb 2011
          • 188

          #7519
          Originally posted by banuthev
          Okay !! Which Middle East carrier expressed interest in managing SriLankan? Every body knows ANA & Hainan are leading applicants so far.
          If the report is true could be either QR or EY (speculating as they are the only carriers who are investing on other airlines). With Al Baker's negative comments on UL during his visits could be EY.

          Comment

          • TheF15Ace
            Senior Member
            • Jan 2016
            • 113

            #7520
            Originally posted by banuthev
            Okay !! Which Middle East carrier expressed interest in managing SriLankan? Every body knows ANA & Hainan are leading applicants so far.
            Almost certainly EY. They have invested in quite a few carriers recently that have not been performing well.

            Comment

            • LukeSkywalker
              Senior Member
              • Feb 2011
              • 188

              #7521
              Originally posted by TheF15Ace
              Almost certainly EY. They have invested in quite a few carriers recently that have not been performing well.
              They haven't also shied away from investing in carriers that have an extremely problematic past like AZ.
              Last edited by LukeSkywalker; 10-08-2016, 04:02 AM.

              Comment

              • TheF15Ace
                Senior Member
                • Jan 2016
                • 113

                #7522
                Originally posted by LukeSkywalker
                They haven't also shied away from investing in carriers that have an extremely problematic past like AZ.
                So far their investments are mixed bag with AB still being a basket case but other airlines such as Air Serbia (former JAT Airways) actually performing well after coming under Etihad's wing.

                Comment

                • LukeSkywalker
                  Senior Member
                  • Feb 2011
                  • 188

                  #7523
                  No more aircraft for Sri Lankan; reports not submitted: COPE

                  http://www.lankabusinessonline.com/n...ubmitted-cope/

                  Hopefully this does not affect the single aisle aircraft replacements scheduled to come.

                  Comment

                  • banuthev
                    Administrator
                    • Dec 2010
                    • 4010

                    #7524
                    Originally posted by LukeSkywalker
                    No more aircraft for Sri Lankan; reports not submitted: COPE
                    http://www.lankabusinessonline.com/n...ubmitted-cope/

                    Hopefully this does not affect the single aisle aircraft replacements scheduled to come.
                    Yes I wonder the same ! What they are going to do for replacement aircraft when 6XA332 and 2XA320 retire from the fleet next year? There are less chances these 3 brand new UL A330-300s would come back to Sri Lanka from PIA. New PIA is interested to take over these birds.

                    Guys. any idea why UL is using brand new A330-300s mostly on short haul/medium hauls. E.g. : https://www.flightradar24.com/data/aircraft/4r-alq

                    Comment

                    • dilushasg-bdavi
                      Senior Member
                      • Feb 2011
                      • 555

                      #7525
                      Originally posted by banuthev

                      Guys. any idea why UL is using brand new A330-300s mostly on short haul/medium hauls. E.g. : https://www.flightradar24.com/data/aircraft/4r-alq
                      all these routes were previously operated by the A340-300, so they are probably trying to maintain the number of seats on these routes rather than decreasing the number of seats by deploying A332s and A321s

                      Comment

                      • TheF15Ace
                        Senior Member
                        • Jan 2016
                        • 113

                        #7526
                        Well here she is. Lima November











                        Photos courtesy of: https://www.facebook.com/planesmagazine/
                        Last edited by TheF15Ace; 11-08-2016, 03:31 PM.

                        Comment

                        • banuthev
                          Administrator
                          • Dec 2010
                          • 4010

                          #7527
                          Originally posted by TheF15Ace
                          Any info on how many tech and cabin crew members are part of this deal and what their arrangement will be?
                          Good question ! I will findout and let you know.

                          As per Colombopage :
                          4R-ALN has been wet-leased to PIA on ACMI basis. The aircraft will remain under SriLankan registry and be flown by SriLankan's pilots on behalf of PIA, on the "Premier Service" routes between Pakistan and the UK for a period of three months. Currently, SriLankan is in negotiations with PIA with regard to leasing a total of three A333 aircraft on "dry-lease", without crew, in the coming months. This is part of the company�s "red to black" campaign to bring the airline back to profitability by exploring all commercially viable avenues.
                          Most likely the lease agreement for 4R-ALN will be upgraded as Dry-lease for 10 years and for the same 10 years period, 4R-ALL & 4R-ALM will be dry-leased to PIA. No chances these birds would comeback to UL.

                          Comment

                          • banuthev
                            Administrator
                            • Dec 2010
                            • 4010

                            #7528
                            Originally posted by dilushasg-bdavi
                            all these routes were previously operated by the A340-300, so they are probably trying to maintain the number of seats on these routes rather than decreasing the number of seats by deploying A332s and A321s
                            Which aircraft they will be using for Qatar, Saudi, Kuwait etc.. after 3 X A333s have been leased to PIA this year and 6 X A332 have been retired from the fleet from next year? Then they will remain with 4 X A333s and rest are narrow bodies.

                            Comment

                            • Cayman
                              Senior Member
                              • Mar 2011
                              • 379

                              #7529
                              Banu,

                              Based on the above table UL are wet/dry leasing the three oldest A333 to PK.

                              Are all the 4 remaining A333s the 242T HGW version?

                              Comment

                              • TheF15Ace
                                Senior Member
                                • Jan 2016
                                • 113

                                #7530
                                Originally posted by Cayman
                                Banu,

                                Based on the above table UL are wet/dry leasing the three oldest A333 to PK.

                                Are all the 4 remaining A333s the 242T HGW version?
                                As per http://www.srilankan.com/en/flying-with-us/fleet 4R-ALO/P/Q/R are the 242t MTOW version. I'm glad that these are the ones that'll stay in the fleet.

                                Comment

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