Sri Lanka Aviation

**Speedbird** · 20-01-2017, 03:29 AM

Originally posted by LukeSkywalker

It is getting weirder by the minute

http://www.economynext.com/Bidder_for_Sri_Lankan_airline_pleads_for__divine_grace_-3-7122-6.html

A bidder for Sri Lanka's loss-making national airline on Thursday promised to appease Lord Murugan and conduct daily rituals if they are given a controlling stake in the airline and the Mattala airport.

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He said he is in talks with Malaysia airlines to buy six A380 double decker aircraft to run Peace Air parallel to Sri Lankan. However, Peace Air does not posses a licence to operate air services, but Wethasinghe said it would be a formality before he got it

What next? Voodoo and witchcraft to make the debt disappear? Someone needs to admit these people to Angoda very soon.

^^^

LMAO If I am the government I would say ok bring me the money not a cheque...and here take all of this

**Max** · 20-01-2017, 04:14 AM

Originally posted by LukeSkywalker

It is getting weirder by the minute

| EconomyNext

http://www.economynext.com/Bidder_for_Sri_Lankan_airline_pleads_for__divine_grace_-3-7122-6.html

A bidder for Sri Lanka's loss-making national airline on Thursday promised to appease Lord Murugan and conduct daily rituals if they are given a controlling stake in the airline and the Mattala airport.

.......
......
...
He said he is in talks with Malaysia airlines to buy six A380 double decker aircraft to run Peace Air parallel to Sri Lankan. However, Peace Air does not posses a licence to operate air services, but Wethasinghe said it would be a formality before he got it

What next? Voodoo and witchcraft to make the debt disappear? Someone needs to admit these people to Angoda very soon.

Peace Air

**Serendib** · 20-01-2017, 06:43 AM

Shortlisted bidder for SriLankan charges bids being rigged

PeaceAir Pvt Ltd, one of the three shortlisted candidates of the bids for the management of SriLankan Airlines (SriLankan) yesterday held a press conference to express its frustration over the bid evaluation process, which they charged was not transparent. “Please inform the public of our bids because someone is trying to hide our bids and our documents. No one gave comprehensive bids like us,” PeaceAir Chairman Gamini Wethasinghe said yesterday, and said that he has a “feeling” to this effect, even though he is sure that PeaceAir should win the contract. He added that the government was supposed to open up SriLankan Airlines for due diligence from PeaceAir and its consulting partners Lufthansa Consulting and Privatair, but that this is yet to happen. Meanwhile, he said that he has no idea about what State Enterprises Development Minister Kabir Hashim will discuss at the press conference about SriLankan tomorrow. Mirror Business has received an invitation from the State Enterprises Development Ministry for a press conference on SriLankan Airlines, which is to be held today (20th). PeaceAir CEO Keerthi Dissanayake said that PeaceAir has arrived to remove the debt burden of SriLankan from the government and the people of Sri Lanka. “The government can’t invest money. So we have come in. We’re willing to put in US$ 5.5 billion. No one in their right mind would say no, unless there’s a better offer, and with 40 years of experience, I can say that this is the best offer,” he said. He noted that US$ 1.25 billion will be utilized to purchase up to 70 percent of SriLankan shares, 90 percent of SriLankan subsidiary Mihin Lanka airline shares, and 100 percent of the SriLankan Catering shares, of which US$ 1 billion is for the settlement of the airline group’s debts. Further, he said that US$ 1.75 billion will be used to purchase 25 more new aircraft; Airbus 380s, Boeing 787s and Boeing 747s, while another US$ 250 million will be used as working capital. “So, we don’t want to let go of the current SriLankan employees. We want to train and hire more to operate these aircraft,” he said. Under phase 2, for which US$ 2.2 billion has been allocated in the proposal, Wethasinghe said that 50 more aircraft will be purchased and added to SriLankan through its future parent PeaceAir. He further added that he was currently in negotiations with his funding partners based in Monaco and Switzerland for investing a further US$ 3.3 billion, bringing the total investment to US$ 8.8 billion, but refused to mention who the investors were, despite calling for transparency from the government. He alleged that SriLankan was making large profits but due to poor past management, which had entered into operational leases of aircraft instead of outright purchasing them, aircraft leasing companies are siphoning all the profits out of SriLankan. “We will definitely purchase new aircraft and look at converting operating leases to lease purchase options or immediately purchase aircraft to replace the current operating leases with the same type of Airbus aircraft, as funds are available to proceed in this direction,” Dissanayake added. PeaceAir is intent on making SriLankan into a global airline that is larger than the likes of Emirates, Etihad and Qatar Airways, Wethasinghe said. The current management of SriLankan is cutting down the airline’s routes in order to make it into a regional airline. Along with the bid for the management contract of SriLankan, PeaceAir is also bidding to purchase 80 percent of shares of Mattala International Airport for US$ 200 million, with further payments which would place the full payment for Mattala Airport at US$ 500 million. Wethasinghe said that PeaceAir will utilize Mattala as a hub for airline operation, cargo and logistics as well as maintenance and engineering. He said that PeaceAir has been in existence since 1992 and that it has operated in partnership with airlines in Europe, Middle East and Australia since 1998. - source: http://www.dailymirror.lk/article/Sh....0zEAvxtI.dpuf

**lordvader** · 20-01-2017, 08:20 AM

Originally posted by Speedbird

^^^

LMAO If I am the government I would say ok bring me the money not a cheque...and here take all of this

Haha definitely agree. Then they should issue a second licence to someone else (i.e. another airline or local company) to start up a new airline from scratch.

With their grandoise plans I'd give Peace Air one year before they go broke if they bought UL.

**Sandaru** · 20-01-2017, 08:41 AM

Originally posted by Serendib

Shortlisted bidder for SriLankan charges bids being rigged

PeaceAir Pvt Ltd, one of the three shortlisted candidates of the bids for the management.................

**Max** · 20-01-2017, 09:31 AM

PeaceAir CEO Keerthi Dissanayake

The above gentleman needs to transfer US $ 5.5 Billion directly to the treasury, then Ministry of Finance can immediately process the much awaited UL management agreement and it will include the Mattala airport as well.

Dissanayake added “PeaceAir is intent on making SriLankan into a global airline that is larger than the likes of Emirates, Etihad and Qatar Airways”

It’s very unfortunate media coverage given to bunch of jokers – Waste of time & resources

**ejanson65** · 20-01-2017, 11:41 AM

I e-mailed Lufthansa Consulting this morning and asked them whether they have an agreement with Peace Air.

**banuthev** · 20-01-2017, 12:57 PM

Originally posted by lordvader

Haha definitely agree. Then they should issue a second licence to someone else (i.e. another airline or local company) to start up a new airline from scratch.

With their grandoise plans I'd give Peace Air one year before they go broke if they bought UL.

Shortlisted three bidders (TPG, a US investment firm, Peace Air and a Maldives-based consortium) are not been selected as a potential partner for SriLankan Airlines. SL Gov is moving to Plan B to find a partner. This news was published in Economynext site.

**Speedbird** · 20-01-2017, 03:58 PM

News | Routes

http://www.routesonline.com/news/38/airlineroute/270977/saudia-s17-international-service-changes-as-of-19jan17/

Routes is the home of the world’s leading aviation network development conferences and events. Plus aviation news and features, and profiles of global airlines and airports.

I am surprised they are using a old B77W...not a new A333 regional
Riyadh – Male – Colombo eff 03MAY17 777-300ER with various configurations replacing -200ER, 2 weekly

I though there are more than 2 SV flights to Colombo

**Mach3** · 20-01-2017, 04:53 PM

Originally posted by LukeSkywalker

It is getting weirder by the minute

| EconomyNext

http://www.economynext.com/Bidder_for_Sri_Lankan_airline_pleads_for__divine_grace_-3-7122-6.html

A bidder for Sri Lanka's loss-making national airline on Thursday promised to appease Lord Murugan and conduct daily rituals if they are given a controlling stake in the airline and the Mattala airport.

.......
......
...
He said he is in talks with Malaysia airlines to buy six A380 double decker aircraft to run Peace Air parallel to Sri Lankan. However, Peace Air does not posses a licence to operate air services, but Wethasinghe said it would be a formality before he got it

What next? Voodoo and witchcraft to make the debt disappear? Someone needs to admit these people to Angoda very soon.

Are these people out of their minds. Firstly they wanna purchase the debt redden national carrier. And on top of that the purchasing of the six a380-800 from Malaysia which now a days even reputed airlines like Malaysian and SQ are finding it difficult to fill passengers , in the meantime the CEO of UL saying that this carrier is best suited to operate regional flights and not international.

I now casually hope that they go ahead with their plans, As it is gonna be a superb drama that's about to unfold, I am pretty sure it's gonna be absolutely amusing to watch, as they are gonna take this airline out of the frying pan and onto the fire.

**Mach3** · 20-01-2017, 04:55 PM

Originally posted by Speedbird

http://www.routesonline.com/news/38/...as-of-19jan17/

I am surprised they are using a old B77W...not a new A333 regional
Riyadh – Male – Colombo eff 03MAY17 777-300ER with various configurations replacing -200ER, 2 weekly

I though there are more than 2 SV flights to Colombo

So how about the CMB-JED flight, will it still be operated using a B777-200ER.

**banuthev** · 20-01-2017, 08:44 PM

Originally posted by ejanson65

The number I have is 45 and it's Captain and FO. I commented on this previously.

| EconomyNext

http://www.economynext.com/Sri_Lanka_may_consider_other_options_for_SriLankan_Airlines__Finance_Minister-3-7074.html

Translation:- We can't find any serious candidates and we have no idea what to do now.

As I stated previously - another EPIC FAIL.

Here's an idea Ravi K - close it down asap.

Kabir Hashim admits a mafia still exists in SriLankan Airlines

https://www.youtube.com/watch?v=GgB93SJkvmQ

**banuthev** · 20-01-2017, 09:08 PM

Originally posted by Mach3

So how about the CMB-JED flight, will it still be operated using a B777-200ER.

Originally posted by Speedbird

http://www.routesonline.com/news/38/...as-of-19jan17/

I am surprised they are using a old B77W...not a new A333 regional
Riyadh – Male – Colombo eff 03MAY17 777-300ER with various configurations replacing -200ER, 2 weekly

I though there are more than 2 SV flights to Colombo

As of Summer 2017, SV operates as below : -

2 Weekly - RUH-MLE-CMB - B777-300ER
3 Weekly - JED-CMB - B777-300ER
1 Weekly - JED-CMB - B777-200

**banuthev** · 20-01-2017, 09:49 PM

SRILANKAN AIRLINES MGT CONTRACT: Govt. may go for fresh round of bidding: Minister

* Concerns over shortlisted candidates having no international airline operation experience
* Claims processes transparent
* Open to divesting over 50 percent if consortium includes locals

http://www.dailymirror.lk/article/SR...er-122527.html

**Serendib** · 21-01-2017, 11:03 AM

The government has identified a Unites States-based company to share in the SriLankan airlines equity under the proposed Private Public Partnership (PPP) model, Public Enterprise Development Deputy Minister Eran Wickramaratne said yesterday. -

See more at: http://www.dailymirror.lk/article/Sr....9SRZOTSC.dpuf

Seems like TPG got it

Sri Lanka Aviation

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