The COO position was created specially for Druvi Perera. It was all about politics. The results speak for themselves - read all about Druvi's actions in the Weliamuna report.
The COO position no longer exists.
Always fly a stable approach - it's the only stability you'll find this business
* Transaero and Austrian Airlines are resuming Colombo service;
Even though Transaero is going to resume flight services back to Colombo, recent news reports that they are struggling with debt and likely to terminate operations.
Even though Transaero is going to resume flight services back to Colombo, recent news reports that they are struggling with debt and likely to terminate operations.
Aeroflot was planning to buy it but looks like the debt of Transaero is too much and they cancelled the deal .Transaero is going bankrupt, I remember reading somewhere they will cease operations in December this year
Aeroflot was planning to buy it but looks like the debt of Transaero is too much and they cancelled the deal .Transaero is going bankrupt, I remember reading somewhere they will cease operations in December this year
Thanks bro for the update. Is Aeroflot making profit now? Any possibilities Aeroflot resuming direct flights to Colombo? I think Russian Economy is currently struggling that's why SriLankan also cancelled it's flights to Moscow earlier this year.
The famous President of American Airlines, C. R. Smith said “These days no one can make money on the goddamn airline business. The economics represent sheer hell.”
While he made these remarks on the financial condition of airlines, the most legendary joke of all was probably by Herb Kelleher, the founder of Southwest Airlines, the most financially successful airline in the world, “If the Wright Brothers were alive today, Wilbur would have to fire Orville to reduce costs”.
Jokes aside, running an airline is a risky business. Individuals, companies and governments have collectively lost billions of money over the years. Nowadays, few airlines make any money at all, with the exception of low-cost carriers. Given the spotty track record of airlines world-wide and Sri Lanka’s own experience, should the governments run airlines and continue to support struggling SriLankan Airlines.
Update as of 07OCT15: SriLankan Airlines Planned W15 A340 Operations
by JL
Posted at 0430GMT 07OCT15
SriLankan Airlines continues to revise planned last Airbus A340-300 operation in winter 2015/16, as it extended A340 operation into January 2016. Latest update to planned A340 operation in winter 2015/16 season as follow.
Thanks bro for the update. Is Aeroflot making profit now? Any possibilities Aeroflot resuming direct flights to Colombo? I think Russian Economy is currently struggling that's why SriLankan also cancelled it's flights to Moscow earlier this year.
Looks like Aeroflot is planning to merge its subsidiaries
Transaero will continue to work on its own until 15 Dec,
The Aeroflot Group is planning to merge its Donavia (Rostov on Don), Rossiya (FV, St. Petersburg), and Orenair (Orenburg) subsidiaries into one encompassing airline under the Rossiya brand as part of a drive aimed at adapting its multi-brand strategy to new market conditions.
Aeroflot's management has been tasked with drafting the necessary additions to the Group's Strategy and Long-Term Development Plan for 2016-2021.
"The Group expects to generate synergies of several billion roubles from this combination, driven by product improvements and an expanded customer offering," an official communique said.
Announced following its most recent boardroom meeting, the Group will move to a new operational structure comprising four companies which, aside from the new Rossiya operation, will include Aeroflot's mainline operations, LCC Pobeda (DP, Moscow Sheremetyevo), and the Far Eastern carrier Aurora (HZ, Yuzhno-Sakhalinsk).
Russian media outlets have indicated that Aeroflot is reportedly considering amalgamating a bankrupt Transaero into the Rossiya umbrella carrier. Though Aeroflot's takeover offer has now expired, Transaero will continue to operate its own flights up to December 15 with Aeroflot and its subsidiaries providing assistance where needed.
we will have to wait until Dec 15 to see what happens
Comment