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.
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.
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)
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
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.”
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...
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's President Ranil Wickremesinghe has said he is hopeful the trend on focusing on the economy during election instead of race and religion will continue.
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.
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.
Always fly a stable approach - it's the only stability you'll find this business
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???
Peace Air ties up with Chinese company to purchase 8 Bell helicopters
Peace Air Pvt. Ltd signed up an helicopter purchase and maintenance agreement with Chairman, Jinlianan International Investment Consultant (Beijing) Co., Ltd. Chongqing, China. This is to launch a domestic Helicopter aviation service in Sri Lanka.
Vice President, Peace Air Pvt Ltd, Ireha C. Wethasinghe said that they hope to purchase 8 Bell helicopters (5 and 18 seater) under this agreement and two would be delivered by early next month. “Our total requirement is 8 helicopters and we hope finalize the complete deal by end 2019. The domestic operations would be operated under Peace Air Helicopter Service.”
She said that they will launch daily flights to most of the domestic airports from both Ratmalana and Colombo international airport. “We will also use the smaller aircraft for domestic charters.”
A local airline crew consisting of mostly former Air Force officers would be recruited to for the operation and they will also launch an online ticketing platform so that passengers could plan their journey in advance.
Chairman, Jinlianan International Investment Consultant (Beijing), Li Xianglin, said that they have observed that Sri Lanka tourism sector is growing rapidly and decided to assist Peace Air Pvt Ltd, to raise capital not only for their Helicopter Service but also for their international airline operations which would be launched on Independence Day on February 4.
He said that the Chinese government has now allowed several domestic airports to operate direct flights and Peace Air would be flying to these destinations. There are around 18 million Chinese that travel overseas and I think Sri Lanka can easily attract 30% of this market which would be about 5. 4 million passengers per year.”
Chairman Peace Air, Gamini Wethasinghe said that they will also look at operating to new European destinations and also to routes like Paris, Frankfurt, Milan and Hong Kong which were abandoned by SriLankan.
Peace Air Pvt. Ltd signed up an helicopter purchase and maintenance agreement with Chairman, Jinlianan International Investment Consultant (Beijing) Co., Ltd. Chongqing, China. This is to launch a domestic Helicopter aviation service in Sri Lanka.
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