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  • Originally posted by lordvader View Post
    Pretty sure this was a rumour spread through the media. TPG is a fairly well known American company who make acquisitions worldwide. Perpetual are small fish compared to TPG.

    Although they are a private equity mob, I'd rather have TPG manage UL than the current lot. At least they'll install management who can make a profit.
    TPG group has been involved in a number of questionable deals.

    It doesn't really matter - the high lease rates on the UL fleet make it impossible to ever make money. Makes no difference who's running things.
    Always fly a stable approach - it's the only stability you'll find this business

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    • Originally posted by lordvader View Post
      Pretty sure this was a rumour spread through the media. TPG is a fairly well known American company who make acquisitions worldwide. Perpetual are small fish compared to TPG.

      Although they are a private equity mob, I'd rather have TPG manage UL than the current lot. At least they'll install management who can make a profit.

      I agree. The rumour about a connection between TPG and Perpetual Treasuries was some slanderous nonsense... TPG is a huge global entity with enough power on its own.

      TPG is also one of the cleanest and most successful Private Equity firms, around... their successful buyout and turnaround of Continental Airlines in the 90s was phenomenal, and although they weren't quite able to reverse the fortunes of Midwest Air Group after they bought that company in the 2000s, they, at least, did manage to find another buyer for Midwest, later. Speaking of the Midwest Air Group purchase - TPG partnered with Northwest Airlines (who were a passive co-investor) during that deal... so, maybe, something like that can happen if/when there is a deal for UL.

      Of course, any deal is contingent on how TPG's Due Diligence on UL goes, and whether the final offers by TPG and the GOSL will be attractive to both of these parties. Maybe, some equity in Sri Lankan airports (or, in any future domestic carrier) could be put on the table, too...


      On another issue - if it is determined that UL have to abide by the decision to extend the leases of the three oldest 332s (which I assume are ALA, ALB, and ALC), does anyone know for how much longer those 332s will have to stay in the fleet?
      Last edited by quickingleyero; 02-04-2017, 10:01 PM.

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      • Originally posted by banuthev View Post
        Hi

        Thank for doing that. Personally really didn't like the appearance of the current website of SriLankan Airlines. Its not attractive and not user-friendly. I think SriLankan should design a website similar to Emirates.

        SriLankan's mobile website isn't working properly when ever I click on the links nothing happens. E.g. When I click to select the Departure Date the function isn't working. Also I can't process the online booking.

        SriLankan's destination menu in online booking, flight schedule and route map are not up to date. E.g. After a long time Kunming was added to their drop down menu in flight schedule. I informed the SriLankan Airlines customer service and they were keep on ignoring my email.

        Guys please add your comments too
        thanks for your comment.
        other suggestions also welcome

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        • Is it true windscreen of SriLankan's Singapore bound aircraft was damaged yesterday? Has it been repaired? When its going to return to Colombo?

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          • EU & South Asia launch civil aviation partnership

            The European Union (EU) and eight South Asian states have started a four-year civil aviation cooperation, aimed at improving safety and strengthening technical ties.

            The project, which launched March 24, is being managed by the European Aviation Safety Agency (EASA) and will cover safety, industrial links and environmental impact.

            Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka are all participating in the project.

            EASA executive director Patrick Ky said the partnership aims to tackle the opportunities and challenges of South Asia’s traffic growth, which is expected to be the highest in the world over the next 20 years.

            “The project will also promote technical cooperation at the regional level and enhance EU-South Asia policy dialogue. The €7.5 million ($8.1 million) project is funded by the European Union,” EASA said.

            The European Union (EU) and eight South Asian states have started a four-year civil aviation cooperation, aimed at improving safety and strengthening technical ties.

            Comment


            • Originally posted by CSButterflyeffect View Post
              Hi,
              Can you all post the issues and difficulties facing when you are trying to make an online booking through SriLankan Airlines's website. and suggest any improvement or enhancements you can think of in here?
              I have a presentation to made regarding this matter, hopefully we can improve the website also.

              !!THANKS!!

              This is not about booking, but one big deficiency is "Flight Status" in both website and app. Usually when you ask for flight information it gives 4 important information. Scheduled departure time, scheduled arrival time, actual or estimated departure time and actual or estimated arrival time. But UL only gives either departure or arrival times. Also the status is indicated with 3 letter code and no one knows what it is!
              Last edited by CalgaryLankan; 28-03-2017, 02:36 PM.

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              • Srilankan airlines started additional cmb hkg non stop with A321 air craft

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                • Emirates, Indigo, Air Asia and Japan Airlines have shown interest in managing SriLankan Airlines

                  Dailymirror.lk– Sri Lanka 24 Hours Online Breaking News: News, Politics, Video, Finance, Business, Sports, Entertainment, Travel,breaking news, political news


                  Mar 29, 2017 (LBO) - Sri Lanka's Minister of Public Enterprise Development Kabir Hashim says that although TPG is a preliminary bidder for the restructuring the SriLankan Airlines, it may not go ahead as the government prefers an airline to take over the operations. buy ivermectin online https://qph

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                  • Is SriLankan Airlines going to get new A330s having released old ones......

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                    • Originally posted by harshaprageeth17 View Post
                      Is SriLankan Airlines going to get new A330s having released old ones......
                      There is a rumour UL agreed with Aercap to take delivery of an A330 and extend the lease of an A330 in current fleet during the cancellation of 4 x A359 order.

                      Comment


                      • Originally posted by Sandaru View Post
                        4R-ANB performed first flight on 20th March
                        https://a320archive.com/msn/7535
                        4R-ANB completes it second acceptance flight at TLS today (30-Mar)

                        Comment


                        • Originally posted by AF777 View Post
                          Sri Lankan Airlines A321neo

                          Coming up
                          1. s.n. 7663 - D-AVYO
                          2. s.n. 7697 - D-AZAB

                          Production site:XFW
                          I heard that fully painted tail section of MSN 7663 was seen at XFW on the 27-Mar. Any pic?

                          Comment


                          • Originally posted by banuthev View Post
                            There is a rumour UL agreed with Aercap to take delivery of an A330 and extend the lease of an A330 in current fleet during the cancellation of 4 x A359 order.
                            It's better if they can change all those three air crafts for new ones......... isn't if?

                            Comment


                            • Srilankan to increase its presence in India by starting 3 new flights in July.

                              4x weekly CMB-VTZ from 08JUL17

                              UL159 CMB 0710 - 0910 VTZ x135
                              UL160 VTZ 1010 - 1215 CMB x135

                              4x weekly CMB-HYD from 12JUL17

                              UL177 CMB 0700 - 0855 HYD x246
                              UL178 HYD 0950 - 1145 CMB x246

                              4x weekly CMB-CJB from 16JUL17

                              UL193 CMB 1330 - 1435 CJB x136
                              UL194 CJB 1535 - 1645 CMB x136

                              Note : Booking available only in travel portals

                              Comment


                              • Originally posted by MalaysiaMustafa View Post
                                Srilankan to increase its presence in India by starting 3 new flights in July.

                                4x weekly CMB-VTZ from 08JUL17

                                UL159 CMB 0710 - 0910 VTZ x135
                                UL160 VTZ 1010 - 1215 CMB x135

                                4x weekly CMB-HYD from 12JUL17

                                UL177 CMB 0700 - 0855 HYD x246
                                UL178 HYD 0950 - 1145 CMB x246

                                4x weekly CMB-CJB from 16JUL17

                                UL193 CMB 1330 - 1435 CJB x136
                                UL194 CJB 1535 - 1645 CMB x136

                                Note : Booking available only in travel portals
                                Great News !! Thanks. Do you normally take transit at CMB ?

                                I think the A321neo which is joining the UL fleet in 1st week of July is going to be used on these new CZB, VTZ, HYD flights. Do you know where do these CZB, VTZ and HYD passengers are going to fly out of CMB ?

                                Current SriLankan Airlines Destinations in India :

                                Bengaluru, Bodh Gaya, Chennai. Delhi, Kochi, Kolkota, Madurai, Mumbai, Trichy, Trivandrum, Varanasi

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