Category: Aviation
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Fitch Ratings has affirmed the rating on SriLankan Airlines Limited’s (SLA) US dollar-denominated government guaranteed bonds at ‘BB-. KEY RATING DRIVERS The national carrier’s bonds are rated at the same level as SLA’s parent, the state of Sri Lanka, due to the unconditional and irrevocable guarantee of principal and interest of the notes provided by […]
New passenger terminal at Bandaranaike Airport with JICA funding
Jan 28, 2016 (LBO) – The cabinet has decided to enter into a loan agreement with the Japan International Cooperation Agency to obtain funds to build a passenger terminal at Bandaranaike International Airport. The proposed passenger terminal with 180,000 square meters has a higher level access way to the terminal in addition to the provision […]
Emirates to increase daily flights to Colombo
Jan 27, 2016 (LBO) – Emirates, a Middle-Eastern airline, said that they would be adding an additional daily flight to Sri Lanka between Dubai and Colombo. The new flight will be effective from 1 August 2016. Emirates will operate five daily flights between Dubai and Colombo every day except Wednesdays when it will operate four […]
Interview: Aircraft purchases add to Sri Lanka financial burden, says Eran
Jan 21, 2015 (LBO) – Aircraft purchases by Sri Lanka’s previous government, which do not make business sense, have added to the financial burden of the state sector, Eran Wickramaratne, deputy minister of Public Enterprise Development, told Lanka Business Online. Eight aircraft have been contracted for purchase over the next few years, with two likely […]
SriLankan operates special Bangkok-Colombo flight following cancellation
Dec 23, 2015 (LBO) – SriLankan Airlines has made arrangements for 32 passengers with onward connections in Colombo to travel on flights of other airlines after an aircraft engine cowling was damaged on the ground at Bangkok’s Suvarnabhumi Airport, resulting in the Bangkok-Colombo Flight UL883 being cancelled. The incident has taken place when a baggage cart operated by […]
Customs strike delays flights at Bandaranaike International Airport
Dec 16, 2015 (LBO) – A strike action by the Customs officials at the Bandaranaike International Airport has led to a delay in several flights, All Ceylon Customs Services Union told LBO.“Three is an issue between the Customs officials and the Airport security. Security officials are now acting in a way that damages our dignity,” […]
Govt planning to list catering unit of SriLankan Airlines
Nov 07, 2015 (LBO) – Sri Lanka’s government is planning to list a minority stake of 30 percent to 49 percent of Sri Lankan Catering, a fully owned subsidiary of state owned SriLankan Airlines, a media report said. This will be through a competitive, open bidding process, the report said quoting sources. The company, the […]
SriLankan cancels more flights between Colombo and Chennai
Dec 03, 2015 (LBO) – SriLankan Airlines has cancelled fourteen more flights between Colombo and Chennai following the extension of the Chennai International Airport closure.Accordingly, the flights UL 128, UL 129, UL 123, UL 124 of December 3, UL 125, UL 126, UL 121, UL 122, UL 127, UL 128, UL 123, UL 124 of […]
Oman Air celebrates six years of successful operations in Sri Lanka
The national airline of the Sultanate of Oman, Oman Air recently celebrated six years of successful operations in Sri Lanka. Over the years, Oman Air has experienced momentous growth in Sri Lanka and has gained a reputation for offering affordable flights, a luxurious travel experience and world-class standards of service. Commenting on the occasion, Gihan […]
Mihin Lanka to recommence flights to Male from today
Nov 12, 2015 (LBO) – Sri Lanka’s Mihin Lanka will recommence flight operations to Malé, Maldives from today, the company said.“A total of three weekly flights will be introduced and will operate every Tuesday, Thursday and Saturday from Bandaranaike International Airport.” Rohana Perera, head of commercial, Mihin Lanka said they were adding another SAARC destination […]
LBR LBO infrastructure summit announced to media
Oct 08, 2015 (LBO) – There is an urgent need to move forward with intelligent urban design and development if Sri Lanka aspires to make Colombo a regional hub.This was the call of the organizers of LBR LBO’s infrastructure summit “Making Colombo a Globally Competitive City,” which will be held on November 3rd and 4th […]
SriLankan flights on-time performance among top 16 airlines
Oct 05, 2015 (LBO) – SriLankan Airlines’s flights on-time performance in August has been ranked 16 out of 50 international airlines rated by a global flight data service. The Airline has recorded an on-time performance of 85.26 percent of its flights in August 2015 and not far off that of the 91.48 percent of first […]