Category: Aviation

June 17, 2014 (LBO) – A planned 5-year government guaranteed international bond SriLankan Airlines has been rated ‘B+’, the same as Sri Lanka’s sovereign rating, Standard & Poor’s said. Bloomberg newswires, a news agency, citing an unnamed source said Standard Chartered has been hired by SriLankan to organize meeting with investors in Asia and Europe […]

PARIS, June 11, 2014 (AFP) – Emirates airline announced on Wednesday that it had cancelled an order for 70 long-haul A350 planes from European manufacturer Airbus.The decision was taken following “on-going discussions with the airline in light of their fleet requirement review”, Airbus said on Wednesday. Airbus added that it was still very confident in […]

BEIJING, May 26, 2014 (AFP) – China has flown warplanes on to and from a civilian road for the first time, state media said Monday, a technique which could be used for “emergency landings during wartime”. An image of a fighter jet taking off from a motorway in the central province of Henan — with […]

May 19, 2014 (LBO) – SriLankan Airlines and Finanair will begin code share flights from June 02, with flights to Frankfurt, Paris, Rome, London, Stockholm, Oslo and Copenhagen from Helsinki. SriLankan Airlines, Head of Commercial Operations Mohamed Fazeel said the partnership will expand the carriers reach to the Scandinavian region and increase tourist arrival to […]

BEIJING, May 7, 2014 (AFP) – Air France unveiled its new first-class seat in Shanghai on Wednesday, fuelling an international luxury-armchair race to win over Asia’s rising number of high fliers. The airline’s “haute couture” suite will feature a seat that reclines into a bed stretching 2.01 metres long and 77 centimetres across (6 ft […]

May 05, 2014 (LBO) – SriLankan Airlines said it had selected US based Honeywell Aerospace to supply and maintain avionics and auxiliary power units of Airbus fleet including existing aircraft and those on order. The contracts include an Auxiliary Power Unit (APU) maintenance agreement for SriLankan’s Airbus A320, A330 and A340 fleets. An APU is […]

May 02, 2014 (LBO) – State-run SriLankan Airlines has inked code-share deals with Finland’s Finnair and Siberia based S-7, with more deals in the offing, chairman Nishantha Wickramasinghe said. In a code share deal, airlines will operate aircraft on one or more routes with joint flight codes and sell tickets. Both airlines are members of […]

Apr 30, 2014 (LBO) – State-run SriLankan Airlines has joined OneWorld, becoming the first South Asian carrier to be part of a global alliance, officials said.Oneworld airlines carry more than 500 million passengers a year on 3,300 aircraft with annual revenues of 140 billion US dollars. SriLankan was officially inducted to oenworld at a ceremony […]

Apr 24, 2014 (LBO) – State-run SriLankan Airlines said it had struck a long-term maintain repair and overhaul (MRO) deal with IndiGo, a fast growing low cost carrier in India which has a fleet of 78 Airbuses. India has growing private budget airline sector after the state ended a monopoly that prevented citizens from providing […]

Apr 17, 2014 (LBO) – Sri Lanka main international airport has handled 7.3 million passengers, including transit travellers, up 3.3 percent from a year earlier, while aircraft movements rose 5 percent to 50,802. During the year British Airways, Korean Airlines, Air Asia X and Turkish Airlines had started flying to to Sri Lanka from London, […]

Apr 10, 2014 (LBO) – State-run Sri Lankan Airlines and Mihin Lanka have lost 30.1 billion rupees (230 million US dollars) in 2013, with losses over the last five years totaling 89.9 billion rupees, official data shows. SriLankan Airlines made a loss of 28.6 billion rupees and state-run budget airline Mihin Lanka made another loss […]

Apr 09, 2014 (LBO) – State-run SriLankan Airlines said joining oneworld, a global alliance of airlines is expected bring it 25 million US dollars a year in incremental annual revenues and allow customers easy travel to the Americas. American Airlines and, its merger partner US Airways, from North America: LAN TAM from South America as […]