UL is making plans , to recruit 43 Expat Captains.

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



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.

Sri Lanka may consider other options for Sri Lankan Airlines

Sri Lanka may consider other transparent options to find a partner for state-run SriLankan Airlines if the government decides that proposals made so far can be bettered, Finance Minister Ravi Karunanayake said.

"We are currently in talks. I think we may have to look at this more broadly,"

"We are looking at the proposals made by several companies," Finance Minister Ravi Karunanayake told reporters.

" If we think we can get proposals that are not good enough and better options are possible, we may broaden the process. It will be through a transparent process."

Sri Lanka called expressions of interest to find a partner for SriLankan Airlines before the end of 2016, but no decision has been announced so far.

The government has said it was willing to take off most of the legacy debt of the airlines acquired to finance losses made after ex-President Mahinda Rajapasksa terminated a management contract with Emirates.

Qatar Airways says it has purchased a 10-percent stake in Chile’s LATAM Airlines Group for $608 million.

The Doha-based state airline announced the stock purchase late Wednesday.

LATAM announced in mid-July an agreement in which Qatar Airways would buy 10 percent of the company via the issuance of new shares, with a payment of $10 per share. In the final deal, Qatar purchased 60.8 million LATAM shares, the company said.

“The entrance of Qatar Airways into the ownership (of LATAM) is an opportunity to develop a long-term relationship and explore new opportunities for connectivity with Asia and the Middle East,” LATAM said in a statement.

the registration of the first of SriLankan Airlines Airbus A320-251N(WL) will be 4R-ANA.

4R-ANA should be coming out of the Maintenance Hangar this week. Waiting for the surprise photos

Gulf Air reconnects Colombo to its network from 19th January 2017.

Hi Rahal, Any idea why does 4R-ABK is not flying for last few weeks ?

Hello ...
You will never see 4R-ABK again my friend... It is currently undergoing Redelivery checks ...
Cheers

More laughing materials

Sadly there are still people who buy into this.

It is getting weirder by the minute

http://www.economynext.com/Bidder_fo...-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.

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

Peace Air

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