Originally posted by Haleef
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124043135_1756162674543377_919832188763906473_n.jpgOriginally posted by Haleef View Post4R-ABR (A321-200) is to leave Sri Lanka within this week or the next on ferry flight for delivery to the new owner. Will update when closer.Last edited by AviatorSN; 10-11-2020, 11:39 AM.
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Originally posted by banuthev View Post
Thanks for the update !
According to Planespotters,net, 4R-ABR is going to Spanish Airline "Privilege Style" this month and to be registered as EC-NLJ. I am wondering if it has been painted in Privilage Style Airline livery in Colombo?
https://www.planespotters.net/airfra...irlines/rzw56m
Most probably 4R-ABR will be painted like this. Privilage Style is replacing B757 with A321 fleet. Good new home for 4R-ABR.
Azamh - Yes 4R-ABR is ex-QR aircraft. Did you fly on SriLankan A321 before ? how was the cabin on the aircraft?
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Originally posted by 4R-ALA View Post
and have they decided to keep ABL and MRE?? seriously....
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Originally posted by banuthev View Post
I thought the leases of ALA, ALB, ALC, ALH were extended by Suren few years ago.
ttp://www.island.lk/index.php?page_...e_title=167178
The airline is saddled with three unwanted ancient Airbus A330-200 wide-bodied aircraft due an erroneous, arbitrary and unilateral extension of lease agreements by the CEO. Total lease cost for three aircraft six-year lease period amounts to USD 54.54 million. This transaction will "weaken the balance sheet" annually whilst the culprit, recruited for a princely salary of Rs 3 million plus perks, is not disciplined. To be fair, a majority of directors objected to CEO’s decision. They were overruled by a cabinet sub-committee. As a result, this costly mistake was not discussed during the meeting between Board members and CEO with the President, Prime Minister and cabinet of ministers last Tuesday.
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Originally posted by ULfan79 View Post
Yes I read in earlier article ALA, ALB, ALC leases were extended by 6 years in 2017.
ttp://www.island.lk/index.php?page_...e_title=167178
The airline is saddled with three unwanted ancient Airbus A330-200 wide-bodied aircraft due an erroneous, arbitrary and unilateral extension of lease agreements by the CEO. Total lease cost for three aircraft six-year lease period amounts to USD 54.54 million. This transaction will "weaken the balance sheet" annually whilst the culprit, recruited for a princely salary of Rs 3 million plus perks, is not disciplined. To be fair, a majority of directors objected to CEO’s decision. They were overruled by a cabinet sub-committee. As a result, this costly mistake was not discussed during the meeting between Board members and CEO with the President, Prime Minister and cabinet of ministers last Tuesday.
Do you know when lease is going to expire for ALH, ABL & MRE?
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Originally posted by ULfan79 View Post
Yes I read in earlier article ALA, ALB, ALC leases were extended by 6 years in 2017.
ttp://www.island.lk/index.php?page_...e_title=167178
The airline is saddled with three unwanted ancient Airbus A330-200 wide-bodied aircraft due an erroneous, arbitrary and unilateral extension of lease agreements by the CEO. Total lease cost for three aircraft six-year lease period amounts to USD 54.54 million. This transaction will "weaken the balance sheet" annually whilst the culprit, recruited for a princely salary of Rs 3 million plus perks, is not disciplined. To be fair, a majority of directors objected to CEO’s decision. They were overruled by a cabinet sub-committee. As a result, this costly mistake was not discussed during the meeting between Board members and CEO with the President, Prime Minister and cabinet of ministers last Tuesday.
Wow... Sad to see the state of the airline
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Originally posted by banuthev View Post
Thanks.
Do you know when lease is going to expire for ALH, ABL & MRE?
Capture.JPG
^from the annual report '16
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Originally posted by ULfan79 View Post
looks like ALH & MRE was part of the a350 cancellation deal and ALH (MSN 627) may have been extended by up to 10 years
It looks like SriLankan A332 4R-ALH is doing a test flight at the moment ? any reason?
audi a3 0 60
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SriLankan Airlines to begin direct flights between Maldives, UK
SriLankan airlines is preparing to launch direct flights between Maldives and London, United Kingdom.
SriLankan airlines said two scheduled flights will operate between the two destinations every weel., and that the flights will begin on December 12. The operation of scheduled flights will continue until April 2021, said the airline.
Direct flights are currently operated between Maldives and the UK by British Airways.
Source:awas.mv
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SriLankan Airlines to get US$150mn cash injection in 2020: PM
ECONOMYEXT – State-run SriLankan Airlines would get a 150 million dollar cash injection in 2020 which would be part of a 500 million dollar to be injected in the medium term, Prime Minister and Finance Mahinda Rajapaksa said.
SriLankan has been badly hit by a Coronavirus crises but it is running relief flights, cargo flights to make money.
SriLankan had been making losses ever since its managing shareholder Emirate Airlines was removed and the privatization reversed in 2008.
However Prime Minister Rajapaksa blamed the last administration for not injecting cash to the airline.
“Due to the suspension in 2015 of the 2013 commenced programme to strengthen the SLA by infusing capital of USD 500 million over 5 years, and the subsequent efforts to privatize the SLA, has made it financially weak,” he said in parliament.
The government has presented an Appropriation Bill to gain approval for spending made before the new parliament was elected and to get approval for expenses for the rest of the year. (Colombo/Nov12/2020)
Source: https://economynext.com/srilankan-ai...2020-pm-75817/
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