Announcement

**umedhah** · 13-11-2018, 07:37 AM

Sri Lankan Airlines chairman Ranjith Fernando resigns

Sri Lankan Airlines chairman Ranjith Fernando resigns

Namal Kumara to contest from the SLPP at the upcoming general elections

AG makes submissions at Supreme Courts; says President's gazette dissolving Parliament not unconstitutional

Veteran banker Ranjith Fernando has resigned from the post of chairman Sri Lankan Airlines after serving around six months at the helm of the national career following a customary procedure during the change of government, informed sources said.

Mr. Fernando told the Times Online that he tendered his resignation to the Transport Ministry Secretary after the newly appointed cabinet minister’s assumption of office allowing him to appoint his nominee to head the airline.

However there was no immediate confirmation of the stepping down of other members of the Board of Directors comprising Mano Tittawella, Susantha Katugampala, Dr. Roshen Perera, and Air Marshal Kapila Jayampathy.

Mr. Fernando was chosen to head the board based on his experience in transforming the then state-owned National Development Bank where he served from its inception in 1979 until his retirement in 2001.

He has functioned as Secretary of the Ministry of Industries and Chairman of several public listed companies and the UDA. (Bandula)

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http://www.sundaytimes.lk/article/1054226/sri-lankan-airlines-chairman-ranjith-fernando-resigns?fbclid=IwAR1ygnq0SxEdcfI33mnZcMAypX8zYemTx6SQeK5d0pTMvKIARlhAkCw9K6M

**leyland** · 13-11-2018, 09:30 AM

BREAKING NEWS...

Kapila Chandrasena appointed as new Chairman of UL!!

Source: AdaDerana News Alert

**4R-ADA** · 13-11-2018, 09:44 AM

Originally posted by LankaXWB View Post

Lankan owned Peace Air to take wings on Feb. 4

Business
Shirajiv Sirimane

Creating aviation history, Sri Lanka’s first privately owned airline, Peace Air is scheduled to be airborne from February 4 (Independence Day), Chairman Peace Air Pvt Ltd, Gamini H. Wethasinghe told ‘Daily News Business’.

“Peace Air will be operating daily direct flights to five new destinations in China, starting from Wuhan under the first phase of our operations.” The other four destinations that would be included to the schedule are Xi, An Urumqi, Chongqing and Hardin. “We have also tied up with a leading Chinese travel agency to market these routes and they have guaranteed us of an 80% load factor and large volumes of Cargo.”

From March Peace air plans to operate flights to Indonesia targeting the Umrah (Muslim Religious traffic) and then to Saudi Arabia targeting Haj passengers. “This too would be a daily flight.”

Weththasinghe said that they will initially take delivery of a new 747 aircraft for the Chinese sector which would be a Boeing 787-8 Dreamliner which could accommodate 265 passengers. This would be followed up by a Boeing Deamliner 787-10 that could accommodate 330 passengers.

The new airline has already placed order for these two brand new 747 aircraft with Boeing and will also look at buying eight other aircraft.

He said that they will initially obtain US$ 2 billion investment from US and Chinese investors for this operation.

Peace Air will also deploy a 15 member US crew including pilots for a period of six month and they will be gradually phased out replacing them with Sri Lanka crew who are working overseas. “We will use SriLankan Catering,” he said

He ruled out operating flights to Mattala and said the Hambantota airport would come under their radar when they look at operating flights to Indian destinations towards mid next year.

Peace Air will also open their passenger sales office in December at Green Lanka Building, Nawam Mawatha, Colombo 02. “We also hope to offer commissions for airline travel agents in Sri Lanka,” he added.

http://www.dailynews.lk/2018/11/13/b...ke-wings-feb-4

Hahahaha! This really made my day. What a laugh. So many things wrong with this article I don't know where to start. A crazy-ass business "venture" combined with dodgy journalism sure makes a ridiculous business plan sound even more ridiculous.

**Serendib** · 13-11-2018, 12:51 PM

Kapila Chandrasena appointed Chairman of Sri Lankan Airlines

Nov 13, 2018 15:23 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - Kapila Chandrasena, a former Chief Executive of SriLankan Airlines has been appointed its Chairman, following the resignation of Ranjith Fernando, an official said.

Mano Tittawella, another director has also resigned.

A Presidential Commission of Inquiry is now going into irregularities at the airline during the period of Chandrasena and Suren Ratwatte, when the airline made massive losses. (Colombo/Nov13/2018)

**Aaqib** · 13-11-2018, 05:17 PM

Originally posted by Serendib View Post

Kapila Chandrasena appointed Chairman of Sri Lankan Airlines

Nov 13, 2018 15:23 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - Kapila Chandrasena, a former Chief Executive of SriLankan Airlines has been appointed its Chairman, following the resignation of Ranjith Fernando, an official said.

Mano Tittawella, another director has also resigned.

A Presidential Commission of Inquiry is now going into irregularities at the airline during the period of Chandrasena and Suren Ratwatte, when the airline made massive losses. (Colombo/Nov13/2018)

Oh God! This incompetent Idiot is being made CEO again!? When will they ever learn!
This is guaranteed to be the Beginning of the End for UL

**Aaqib** · 13-11-2018, 05:20 PM

Originally posted by LankaXWB View Post

Lankan owned Peace Air to take wings on Feb. 4

Business
Shirajiv Sirimane

Creating aviation history, Sri Lanka’s first privately owned airline, Peace Air is scheduled to be airborne from February 4 (Independence Day), Chairman Peace Air Pvt Ltd, Gamini H. Wethasinghe told ‘Daily News Business’.

“Peace Air will be operating daily direct flights to five new destinations in China, starting from Wuhan under the first phase of our operations.” The other four destinations that would be included to the schedule are Xi, An Urumqi, Chongqing and Hardin. “We have also tied up with a leading Chinese travel agency to market these routes and they have guaranteed us of an 80% load factor and large volumes of Cargo.”

From March Peace air plans to operate flights to Indonesia targeting the Umrah (Muslim Religious traffic) and then to Saudi Arabia targeting Haj passengers. “This too would be a daily flight.”

http://www.dailynews.lk/2018/11/13/b...ke-wings-feb-4

This is absolute nonsense! How can such an Airline emerge from nowhere?
These were the jokers who wanted to fly A380's from HRI

Their business plan is absolutely pathetic and I wonder how they'd be able to operate profitably.

**Serendib** · 13-11-2018, 08:40 PM

Originally posted by Aaqib View Post

This is absolute nonsense! How can such an Airline emerge from nowhere?
These were the jokers who wanted to fly A380's from HRI

Their business plan is absolutely pathetic and I wonder how they'd be able to operate profitably.

PeaceAir of Sri Lanka to Become Newest Boeing 747-400 Customer

https://boeing.mediaroom.com/1998-09-09-PeaceAir-of-Sri-Lanka-to-Become-Newest-Boeing-747-400-Customer

PeaceAir of Sri Lanka and Boeing Commercial Airplane Group today announced that the carrier will be the newest Boeing 747-400 operator. The two companies signed a memorandum of understanding for...

**Haleef** · 14-11-2018, 12:20 AM

Originally posted by Serendib View Post

https://boeing.mediaroom.com/1998-09...7-400-Customer

You realize that that is old news isn't it? It's a 90's post. They say delivery is expected in 1998 and so on.

**leyland** · 14-11-2018, 04:49 AM

Originally posted by Aaqib View Post

Oh God! This incompetent Idiot is being made CEO again!? When will they ever learn!
This is guaranteed to be the Beginning of the End for UL

Not CEO, it's Chairman this time!

At least this means a certain NW will not be making a return for the time being...

**Serendib** · 14-11-2018, 05:29 AM

Civil Aviation ministry secretary appointed Chairman of SriLankan Airlines

Nov 14, 2018 10:34 AM GMT+0530 | 0 Comment(s)

ECONOMYNEXT – G. S. Vithanage, Secretary of the Ministry of Transport and Civil Aviation, has been appointed chairman of SriLankan Airlines, the finance ministry said in a statement.

Ranjith Fernando, the chairman of the national carrier, had resigned along with Mano Tittawella, another director.

Their resignations came after President Maithripala Sirisena appointed former president Mahinda Rajaaksa as prime minister in a controversial move that has been challenged by the incumbent premier Ranil Wickremesinghe.

A Presidential Commission of Inquiry is now going into irregularities at the airline in recent years when it has been making massive losses. (Colombo/Nov14/2018)

Sri Lanka foreign exchange earnings rise to US$26bn in 2024: analysis | EconomyNext

https://economynext.com/Civil_Aviation_ministry_secretary_appointed_Chairman_of_SriLankan_Airlines-3-12596.html

Sri Lanka has earned 26.23 billion US dollars through exports of goods and services, including tourism and labour in 2024, up 12.6 percent from 23.29 billion a year earlier, data from the central bank shows.

**Serendib** · 14-11-2018, 02:33 PM

Civil Aviation G. S. Withanage has been appointed as the new Chairman of the Sri Lankan Airlines

Secretary of the Ministry of Transport and Civil Aviation G. S. Withanage has been appointed as the new Chairman of the Sri Lankan Airlines.

In a media release, the Ministry of Finance and Economic Affairs stated that the appointment was made by Secretary to the Treasury S. R. Attygalle.

Meanwhile, Kapila Chandrasena who was appointed as the Chairman for the national carrier yesterday (November 13) has reportedly resigned from the position.

Source: Adaderana

**ejanson65** · 14-11-2018, 02:54 PM

What a coward this Ranjith Fernando is!

He shows up talking a bunch of Sri Lanka "Big Talk BS" and then fails to achieve anything.

Looks to me like he's realised there is no way out and he needed an excuse to get out - this is it!

So Kapila briefly crawled out from under his rock - he should be behind bars along with the rest of the Corrupt scum!

Anyone know the status of the Commission of Inquiry? That will be shutdown fairly quickly as well - Rajapakse needs to protect his cronies and himself.

**Don777** · 14-11-2018, 09:37 PM

Originally posted by Serendib View Post

Civil Aviation G. S. Withanage has been appointed as the new Chairman of the Sri Lankan Airlines

Secretary of the Ministry of Transport and Civil Aviation G. S. Withanage has been appointed as the new Chairman of the Sri Lankan Airlines.

In a media release, the Ministry of Finance and Economic Affairs stated that the appointment was made by Secretary to the Treasury S. R. Attygalle.

Meanwhile, Kapila Chandrasena who was appointed as the Chairman for the national carrier yesterday (November 13) has reportedly resigned from the position.

Decent looking Guys who RUINED Srilankan with mismanagement. And they appointment him Chairman again???

**ejanson65** · 15-11-2018, 02:45 AM

Originally posted by Don777 View Post

Decent looking Guys who RUINED Srilankan with mismanagement. And they appointment him Chairman again???

The only requirement to serve under Rajapakse is blind loyalty.

As long as you are loyal you will get a high position as a reward. It doesn't matter how useless you are - all will be forgiven (including murder!).

Rajapakse and brothers are surrounded by scum like Kapila.

**vishwa** · 15-11-2018, 11:34 AM

Originally posted by ejanson65 View Post

The only requirement to serve under Rajapakse is blind loyalty.

As long as you are loyal you will get a high position as a reward. It doesn't matter how useless you are - all will be forgiven (including murder!).

Rajapakse and brothers are surrounded by scum like Kapila.

very true.. but how many of us understand this..

SAD for the country..

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