Sri Lanka Aviation
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Sichuan Airlines awaits its first A350-900 of three leased from AerCap and another from Air Lease Corporation. The four airframes were destined for the debt ridden SriLankan Airlines, which canceled its order last year.
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Source:AinOnlineComment
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SriLankan stops Kunming flights next month
SriLankan Airlines will be pulling out its operations to Kunming as a result of a poor load factor on this route that has been highly dependent on Chinese travellers alone.
“Since the inception, the Kunming route has been highly dependent on the Chinese tourist market with very less contribution from other network stations, therefore it has very little opportunity to improve its seat load factor,” the airline said in response to an email query.
Airline spokesperson Deepal Perera noted that the non-stop services to Kunming primarily on the Chinese tourist market to Colombo and Male operated a seat factor of 69 per cent for the FY 2016/17. It reduced to 65 per cent during April 2017/18.
It was pointed out that the “unfavourable seat load factors were not sufficient to cover the total route costs,” as a result of which the national carrier has incurred “continuous loses” on this route.
After discontinuing flights to Kunming from March 1, the narrow-bodied aircraft would be deployed to other destinations. The airline is continuing its four non-stop flights each to Beijing and Shanghai, daily non-stop to Guangzhou and five weekly nonstop to Hong Kong on single aisle aircraft. On average the airline deploys an average seat capacity of 4500 seats one way per week to China excluding Kunming. (SD)
http://www.sundaytimes.lk/180218/bus...th-282185.htmlComment
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It seems UL is terminating Kunming route because China Eastern has started nonstop flights from Kunming and Male' effective 25-Jan-2018.SriLankan stops Kunming flights next month
SriLankan Airlines will be pulling out its operations to Kunming as a result of a poor load factor on this route that has been highly dependent on Chinese travellers alone.
“Since the inception, the Kunming route has been highly dependent on the Chinese tourist market with very less contribution from other network stations, therefore it has very little opportunity to improve its seat load factor,” the airline said in response to an email query.
Airline spokesperson Deepal Perera noted that the non-stop services to Kunming primarily on the Chinese tourist market to Colombo and Male operated a seat factor of 69 per cent for the FY 2016/17. It reduced to 65 per cent during April 2017/18.
It was pointed out that the “unfavourable seat load factors were not sufficient to cover the total route costs,” as a result of which the national carrier has incurred “continuous loses” on this route.
After discontinuing flights to Kunming from March 1, the narrow-bodied aircraft would be deployed to other destinations. The airline is continuing its four non-stop flights each to Beijing and Shanghai, daily non-stop to Guangzhou and five weekly nonstop to Hong Kong on single aisle aircraft. On average the airline deploys an average seat capacity of 4500 seats one way per week to China excluding Kunming. (SD)
http://www.sundaytimes.lk/180218/bus...th-282185.html
UL should terminate GAN route as it's experiencing poor load factors. not sure about the yield. I wonder what's the pax load factor on SEZ route.Comment
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Did UL pay a penalty to Air Lease Corp for cancelling the single A350 order? I think the A350 order with Air Lease Corp was cancelled before airframe come into production.Comment
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Some where in between of US$98 - 150 Million. They took a loan from Credit Suise (#1) for that sometime in spring/summer 2017Last edited by Speedbird; 21-02-2018, 12:35 AM.Comment
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Don't believe this is correct.As per below link , Four A359 order are going to be replaced with A321s.
http://airsrilanka.org/showthread.ph...ll=1#post17000
My understanding this had been discussed and rejected by airbus.
As far as I know they have to pay for 4 A350 (still U$800 Million to be paid according to the papers).
Same with the leases - they have tried to renegotiate these without result.
Both of the above represent several $$ Billion in forward liabilities.
I am also noticing an almost complete news blackout regarding UL since early February - not sure what this all about.Always fly a stable approach - it's the only stability you'll find this businessComment
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Can UL make the 350 work with their current route structure if they are forced to take them?
I can't think of any destinations than LHR and maybe Australia? They seem to be doing quite well in Melbourne though I am not sure if they can maintain it all year long.
AI is planning to increase the number of Australian flights; not sure if it is due to UL doing well with Indian transit traffic.Comment
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There is no requirement or justification for the A350 at UL.Can UL make the 350 work with their current route structure if they are forced to take them?
I can't think of any destinations than LHR and maybe Australia? They seem to be doing quite well in Melbourne though I am not sure if they can maintain it all year long.
AI is planning to increase the number of Australian flights; not sure if it is due to UL doing well with Indian transit traffic.
Aircraft orders at UL have nothing whatsoever to do with the requirements of the Airline. It's all about Commissions for the Politicians and their cronies.
Given the previously posted load factors on the Melbourne flight - my guess is that it is a money loser.Always fly a stable approach - it's the only stability you'll find this businessComment
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