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  • Originally posted by NeatStuff View Post
    The aircraft are almost certainly going to be leased which means there shouldnt be such a large capital outlay as described. And anyway they have shown the list prices. The question at hand is should the government keep propping up an airline it quite clearly cannot maintain profitably. As someone said before, give Mahinda his own plane and eithe privatise or shut it down. Its likley to be the cheaper option.

    Needless to say, I am sure there must be some middlman/men who are getting some hefty kickbacks.

    State-run SriLankan Airlines will acquire six Airbus A350-900 and seven A330-300 aircraft to upgrade its product and cut costs starting from October 2014, chief executive Kapila Chandrasena said.

    SriLankan will acquire 10 aircraft from Airbus Industries through a mix of operating and finance leases in a deal which has a 'present value' of 1.2 billion US dollars and another three from an aircraft leasing firm, he said.

    Cabinet approval has been given to sign a memorandum of understanding with Airbus for 10 purchase options and the first aircraft is expected to arrive starting from October 2014, he said.

    Comment


    • Originally posted by Cayman View Post
      Looks like UL is buying 6 A333 and 4 A359s (all RR engines). The article appears to show the list prices rather than the actual discounted!

      http://www.sundaytimes.lk/130428/new...bus-42571.html
      Good choice of A330-300, it is a worthy successor to the A340-300s and will save fuel too.

      Comment


      • Originally posted by sm777 View Post
        Good choice of A330-300, it is a worthy successor to the A340-300s and will save fuel too.
        Havent officially announced yet..

        Comment


        • Originally posted by sm777 View Post
          Good choice of A330-300, it is a worthy successor to the A340-300s and will save fuel too.
          A330-300 range is around 12000 km which should be adequate to reach LHR from CMB.

          Comment


          • Originally posted by Highflyer View Post
            http://www.lankabusinessonline.com/n...ses/1532896203
            State-run SriLankan Airlines will acquire six Airbus A350-900 and seven A330-300 aircraft to upgrade its product and cut costs starting from October 2014, chief executive Kapila Chandrasena said.

            SriLankan will acquire 10 aircraft from Airbus Industries through a mix of operating and finance leases in a deal which has a 'present value' of 1.2 billion US dollars and another three from an aircraft leasing firm, he said.

            Cabinet approval has been given to sign a memorandum of understanding with Airbus for 10 purchase options and the first aircraft is expected to arrive starting from October 2014, he said.
            The same article quotes "Airbus will also give 31 million US dollars worth tools, equipment and training to set up an aircraft maintenance and repair facility (MRO) for the new types."

            It will make sense to open one of the first MRO facility for A35X types in the Asian region, thereby attracting new business.

            UL going with Airbus also makes sense, but I hope they will negotiate some sensible pricing.

            Hopefully this will not end up being one the most expensive mistake GoSL makes, trying to keep UL on life support, rather than pulling the plug!

            Comment


            • Originally posted by lordvader View Post
              SriLankan Airlines to purchase six Airbus A 330 aircraft powered by Rolls Royce Trent 700 engines. SriLankan Airlines will also buy four A350-900 aircraft powered by Rolls Royce Trent engines. In addition, three more A 350-900 will be obtained on lease by Sri Lankan Airlines. Minister Jayaratne has not told cabinet how the moneys required for the deal would be obtained nor explained how the US$80 million for which he obtained approval would be disbursed.

              http://www.sundaytimes.lk/130428/col...pay-42445.html
              You got conflicting information from two different sources..

              Originally posted by Highflyer View Post
              http://www.lankabusinessonline.com/n...ses/1532896203
              State-run SriLankan Airlines will acquire six Airbus A350-900 and seven A330-300 aircraft to upgrade its product and cut costs starting from October 2014, chief executive Kapila Chandrasena said.

              Comment


              • Originally posted by 4R-ADA View Post
                You got conflicting information from two different sources..
                Following article also says 6x A333 + 4x A359s. Best to wait till Airbus confirms though!

                Last edited by lordvader; 28-04-2013, 12:29 PM.

                Comment


                • Personally I feel that buying Boeing aircrafts would be a better option....and they should also consider getting 2 to 4 small aircraft such as the ATR-72 for domestic flights and short haul international flights
                  -Aaqib Hussain
                  (Aviation Analyst | Content Creator)
                  www.youtube.com/airlines747

                  Comment


                  • Originally posted by Aaqib View Post
                    Personally I feel that buying Boeing aircrafts would be a better option....and they should also consider getting 2 to 4 small aircraft such as the ATR-72 for domestic flights and short haul international flights
                    Agree with the ATR's for domestic and short haul services, but switching to Boeing would incur significant crew and maintenance retraining costs

                    Comment


                    • Originally posted by AB View Post
                      Agree with the ATR's for domestic and short haul services, but switching to Boeing would incur significant crew and maintenance retraining costs
                      Good move, does not make sense commercially to have 50-50 Airbus and Boeings, would cost a lot more on maintenance and staff training..

                      Comment


                      • SriLankan Airlines to get 13 Airbus aircraft

                        6 A330s & 7 A350s


                        SriLankan Airlines will acquire seven Airbus A350-900 & six A330-300 aircraft to upgrade its product and cut costs starting from October 2014, chief executive Kapila Chandrasena said.

                        SriLankan will acquire 10 aircraft from Airbus through a mix of operating and finance leases in a deal which has a 'present value' of 1.2 billion US dollars and another three from an aircraft leasing firm, he said.

                        Cabinet approval has been given to sign a memorandum of understanding with Airbus for 10 purchase options and the first aircraft is expected to arrive starting from October 2014, he said.

                        The aircraft are to be delivered over 7 years.

                        In the first phase six Airbus A340 aircraft which are up to 18 to 16 years old will be replaced by A330-300 aircraft.

                        Seven A330-200 aircraft which are around 13 to 16 years old will be replaced starting from 2017 with A350-900 aircraft. Three will come from an aviation leasing firm as there were no manufacturing slots available at Airbus in that period.

                        The balance four A350s will be acquired from Airbus Industries starting from 2019.

                        SriLankan was aiming to maintain a fleet with an average age of about five years. SriLankan has already modernized its A320 narrow body fleet of eight aircraft.

                        With several very old aircraft in the fleet, the airline could not give the same level of service to all passengers and operating costs were also high.

                        "If you look at our configurations we could not standardize service," Chandrasena said.

                        "With the new aircraft everyone will get the same experience.

                        "Fuel is 50 percent of our operating costs. With newer aircraft fuel is about 40 percent. That is a huge quantum of savings."

                        Even after accounting for acquisition costs, a net gain of 7 to 10 percent could be made with new aircraft, he said.

                        The aircraft will be financed with a mixture of finance and operating leases. Industry practice was to have about 30 percent on finance leases, Chandrasena said.

                        Last year the airline made an operating loss of 20.5 billion rupees, according to published data.

                        The new aircraft would also be able to carry a full load of passengers without sacrificing cargo over long haul destinations, he said.

                        Airbus will also give 31 million US dollars worth tools, equipment and training to set up an aircraft maintenance and repair facility (MRO) for the new types.

                        "We are also targeting the regional airlines that will be an additional revenue stream for SriLankan as well."

                        Sri Lankan Engineering is already servicing A320 aircraft for a number of regional airlines at its facility in Katunayake. A second facility is to be set up in Mattala.

                        Comment


                        • Fuel is 50 percent of our operating costs. With newer aircraft fuel is about 40 percent. That is a huge quantum of savings."

                          What a joke??

                          So this 10 % saving make everything fine according to Mr Chandrasena.

                          Comment


                          • The International Lease Finance Corporation (ILFC) is an aircraft lessor headquartered in Los Angeles, California.

                            ILFC customer of 14 - A350-900

                            Delivery - 2014 to 2018

                            Regarding UL

                            Seven A330-200 aircraft which are around 13 to 16 years old will be replaced starting from 2017 with A350-900 aircraft. Three will come from an aviation leasing firm as there were no manufacturing slots available at Airbus in that period.

                            The balance four A350s will be acquired from Airbus Industries starting from 2019.

                            UL may get 3 A350-900 via ILFC

                            Comment


                            • MJ is increasing CMB - IXM from 3x to 4x weekly effective Jun 6.

                              Comment


                              • Originally posted by Sakith View Post
                                Havent officially announced yet..
                                "There was no immediate comment from SriLankan Airlines or Aviation Minister Priyankara Jayaratne who is reported to have proposed the re-fleeting deal with Airbus." http://www.arabnews.com/news/449802

                                COLOMBO: Sri Lanka is set to re-fleet its national carrier with 10 new Airbus aircraft in a deal that could be worth over $2.5 billion, a government official and a media report said.
                                SriLankan Airlines will also secure an aircraft maintenance facility at the country’s newest international airport in the south of the country as part of the deal with Airbus, the official said, asking not to be named
                                “There would be a financing package that will go along with this re-fleeting,” said the official.
                                “The aircraft would be acquired over the next seven years.”
                                The Colombo-based Sunday Times newspaper said Sri Lanka’s cabinet approved more than $ 2.5 billion for the re-fleeting program of SriLankan Airlines which is set to retire its ageing fleet of long-haul aircraft.
                                The paper said the government approved an initial payment of $ 80 million for the re-fleeting of the carrier which made a loss of $164 million last year.
                                It will get six new Airbus A330-300 and four new A350-900 aircraft, all fitted with Rolls Royce engines, the newspaper said.
                                There was no immediate comment from SriLankan Airlines or Aviation Minister Priyankara Jayaratne who is reported to have proposed the re-fleeting deal with Airbus.
                                The carrier operates a fleet of 22 aircraft — six A340-300 aircraft, seven A330-200/243, eight A320-200 and one De Havilland Twin Otter.
                                SriLankan Airlines ended its management contract with Emirates of Dubai in 2008 and since then has been making substantial losses.​

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