Originally posted by ejanson65
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This is a sticky topic.
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Losing business
Vithanage believes that there were plans to close down four destinations in the coming months, possibly as a precaution to address the shortage of pilots. “Ratwatte had earlier decided to close down Jeddha, Visakapatnam, Muscat and Hong Kong routes, but following trade union agitation, we learned that he is going to reduce the frequency of flights to these destinations instead of closing down the routes. When Ratwatte introduced the narrow bodied aircraft to Hong Kong a few months ago, we lost business by way of cargo transportation. As a result, Cathay Pacific grabbed the opportunity and increased the frequency of their cargo flights to Hong Kong,”Vithanage said.
SriLankan Airlines, which operates, four days a week from Vizag to Colombo is drawing excellent response in view of the good onward connections, competitive fare and the low Visa fee.
SriLankan Airlines restarted the service from Hyderabad in July last year with four flights, and increased it to five by November. It has now gone for for daily service with a round trip ticket available for about ₹15,500 with 80% occupancy claims for the less-than-two-hours flight.Last edited by Serendib; 25-04-2018, 04:36 PM.
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Originally posted by SLD-N View PostThis explains! http://www.airforce.lk/news.php?news=3574
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Load factor means nothing - the important figure is the yield. I see they don't bother discussing this or even whether the route is profitable.
As I've stated previously the lease costs are so high that it is impossible to make money. I don't believe any routes are profitable. Ongoing massive losses support this.
Seems to me that is this was profitable that Suren and Co. would be announcing this as an example of their great leadership.Always fly a stable approach - it's the only stability you'll find this business
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Over 80 percent of the postal vote has been cast so far for Sri Lanka's September 21 presidential election, an official said.
Another day another Commission......
How many is that now? I've lost count.
And still not a single person charged or imprisoned even though all the names of the people involved in approving this deal are listed in the Weliamuna Comission report.
How about getting a copy of the lease contracts and see who signed these on behalf of the Airline?
Just more 'Big Talk' - I don't expect anything to happen.
For the naive people on this Forum - selling out your country for personal gain is called TREASON!Last edited by ejanson65; 26-04-2018, 08:08 PM.Always fly a stable approach - it's the only stability you'll find this business
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The SriLankan Airlines will experience a shortage of pilots soon as many are leaving, say sources at the national carrier.
In the past few days alone, eight first officers left the airline, owing to its unstable situation and also the increase in the PAYE tax they have to pay.
Previously they paid 16 per cent of their salary as tax, for an average Rs. 175,000 per month, which has now risen to 24 pc.
A pilot does not earn overtime and the maximum flying hour entitlement is 100 hours per month.
A shortage of pilots will mean the end of the airline, a pilot said on condition of anonymity.
First officers have a big demand in foreign airlines, and they can earn around 7,000 US dollars per month.
In addition, they are entitled to get educational expenses of children until they reach 22 years of age, a house, a car and discount air tickets.
An investigation by Sri Lanka Mirror revealed that most pilots who joined SriLankan following the closure of Mihin Lanka have now been recruited by Qatar Airways and Viet Jets.
Meanwhile, SriLankan has returned an Airbus A320-200 (4R-ABP) it had acquired on 13 April 2012, to the leasing company. It had flown to Malta via Abu Dhabi on April 18.
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Plenty of options for good people - no need to work under unqualified political appointees like Suren.
Good to see people paying attention to what is going on within the Airline - seems some people understand what is coming.
Good to see people 'voting with their feet'!
They can forget about recruiting Expat Pilots - their poor treatment of Expats is well known within the Global pilot Community.
The sad thing is that a group of us put together 2 documents to help them.
- How to recruit Expats (including detailed strategies).
- Expat issues at UL and what needed to be done to solve these issues (some issues would have cost UL nothing to solve).
All completely ignored by Druvi Perera.
They opted instead for a policy of 100% local Pilots - see that's working out really well!
I think the financial issues will sink UL first.Always fly a stable approach - it's the only stability you'll find this business
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Originally posted by Azamh View PostI think UL cmb mel is doing well any idea ?
Ongoing massive losses indicate that there are no profitable routes.Always fly a stable approach - it's the only stability you'll find this business
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Originally posted by Azamh View PostThese days v hard to get seats flight full
The problem is that the new fleet is leased at such high rates that it is impossible to make money no matter how full flights are.
Massive losses support this.Always fly a stable approach - it's the only stability you'll find this business
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