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Originally posted by banuthev
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woow sounds good. WY is making good traffic to CMB . we can sell more from MXP to CMB then. in the mean time WY/UL interline agreement will be valid with MJ also ? -
Yes even I saw it once and then I checked flightradar and it was ALB. I Was amazedOriginally posted by Serendib View PostComment
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That is not true. She just flew above me couple of minutes ago and there was nothing under the belly.Originally posted by Serendib View PostComment
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Mihin Lanka to remain separate to SriLankan Airlines
SriLankan Airlines Chairman Ajith Dias says fellow state-owned carrier, Mihin Lanka, will not be merged into SriLankan Airlines as previously expected. Speaking to Lanka Business Online, Dias said while the loss-making LCC is being managed alongside SriLankan Airlines, it would remain a separate entity.
“We are running Mihin as a separate company and managing it. They are paying for that (management) as it is not free,” he said. “We are not trying to merge the two companies because one is different to the other. Also some of the routes that Sri Lankan are flying have been given to Mihin Lanka.”
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Mihin Lanka expands network with Muscat
Mihin Lanka, will commence flight operations to Muscat, the capital city of Oman from October 25.
Four weekly flights will be introduced and will operate every Tuesday, Thursday, Saturday and Sunday from Bandaranaike International Airport.
The frequencies will increase to five weekly flights from November 11,2015 and the additional flight will operate on Wednesdays. The four-hour direct flight will provide passengers with an affordable, convenient and comfortable travel option to Muscat.
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Brand new UL A333 appeared in HRI today. Any reason why?Comment
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According to daily mirror it was diverted because of bad weather conditions in CMB. They took off from HRI at 16:30 local time. I wonder why it took so long to come back to CMB.Originally posted by Serendib View PostComment
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Sri lanka is full of nincompoops......and not just any nincompoops, but truly gifted with utter stupidity.Originally posted by Srilankan1 View PostComment
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Ajith Dias and the new set might as well start eating grass....Originally posted by 4R-ALA View PostComment
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BAH route was transferred from UL to MJ but now MCT. Is MCT route not making profit for UL? I remember UL was operating daily flights to MCT but the frequency was downgraded to 4 weekly few months back when UL launch the 3 weekly flights to KMG.Originally posted by 4R-ALA View PostComment
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Is it trueOriginally posted by Srilankan1 View Post
"Mihin Lanka soon to be re-branded as SriLankan Express. Plans to buy two A320 Neo.. Mr Dhammika Perera is planning to buy MJ."Comment
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I doubt it for now, But having a private shareholder may help MJ operate as a company that aims to make profit.Originally posted by Serendib View PostIs it true
"Mihin Lanka soon to be re-branded as SriLankan Express. Plans to buy two A320 Neo.. Mr Dhammika Perera is planning to buy MJ."
The gov may be looking to rename it, Mihin kind of reminds of Mahinda and they may replace the Lotus symbol as wellComment
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Well the 2x A320NEOs for MJ were confirmed a while back AFAIK. As to the other information, good news if its true. In fact the government should sell a shareholding in the whole of UL to DP or another private investor who can turn it around.Originally posted by Serendib View PostIs it true
"Mihin Lanka soon to be re-branded as SriLankan Express. Plans to buy two A320 Neo.. Mr Dhammika Perera is planning to buy MJ."Comment
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When you assume control of an Airline you become responsible for all the liabilities (debts) as well. This includes past and future liabilities.Originally posted by lordvader View Post
Both UL and MJ have run up huge debts and are not anywhere close to being profitable. Future liabilities are anyone's guess - but I'm sure that it once again involves large amounts of money.
There is no business case for either of these companies - no investor is going to step in because of the huge liabilities.
Both companies are insolvent (bankrupt) - they only operate because the government has kept putting money in to keep things running.
They've already tried to sell UL to EK and QR - an indication of how dire the financial situation really is.Always fly a stable approach - it's the only stability you'll find this businessComment
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