Sri Lanka state-run airport firm profits up 40-pct

July 02, 2011 (LBO) – State-run Airport and Aviation Services (Sri Lanka) Ltd, which has a monopoly airport operations in the island has reported a profit of 1.3 billion rupees for 2010, up 40 percent from a year earlier. AASL is also planning a 400 million dollar expansion of Katunayake, according to other reports. Revenues […]

Sri Lanka airline catering unit listing shelved

June 28, 2011 (LBO) – A plan to take public SriLankan Catering, a wholly owned unit of Sri Lanka’s state-run national carrier has been shelved amid a flood of private sector initial offers, Treasury secretary P B Jayasundera said. Several Sri Lankan private sector firms have raised money from capital markets in recent weeks. “Now […]

Sri Lanka air taxi on honeymoon flight

June 28, 2011 (LBO) – SriLankan Air Taxi, a floatplane service operated by Sri Lanka’s state-run national carrier has carried its first honeymoon couple to a hotel in the South of the island. “It was a fantastic ride and we both enjoyed the breathtaking scenery on a clear sunny day and above all being up […]

Sri Lanka gets China Eastern flights

BEIJING, June 21, 2011 (AFP) – China Eastern Airlines said Tuesday that the company and its subsidiary Shanghai Airlines Co. have joined global air carrier alliance SkyTeam. The nation’s biggest carrier, China Southern Airlines, is already a member of SkyTeam while Air China belongs to the Star Alliance. Members of the China Eastern Airlines frequent […]

SriLankan Airlines in wage deal with aircraft engineers

June 17, 2011 (LBO) – SriLankan Airlines has signed a long-term collective agreement with its aircraft engineers’ union, giving a pay rise that it said would help maintain worker harmony at a time maintenance business was growing. An airline statement said its engineering business was a key growth sector for the group and also help […]

Sri Lanka Mihin Lanka losses mount, assets negative

June 10, 2011 (LBO) – Sri Lanka’s state-run Mihin Lanka, a budget carrier, has lost 5.8 billion rupees since it was started in 2007 and it had a 5.6 billion rupee gap in the balance sheet despite capital injections from people’s tax money, official data shows. According to data the state had injected 2. 7 […]

Sri Lankan Airlines to start Zurich flights

June 8, 2011 (LBO) – State-run national carrier SriLankan Airlines is re-starting services to Zurich in Switzerland which were stopped in 2005, expanding its network to 53 destinations in 34 countries, the airline said. The services will start from December 23, 2011 and run twice weekly on Monday and Friday. “This will significantly strengthen our […]

Sri Lanka should open skys to get tourists: leisure group chief

June 07, 2011 (LBO) – Sri Lanka has to liberalize aviation further to make the country more accessible to tourists and boost economic activity, the head of one the island’s top leisure groups which operates in several other countries, said. “The implementation of the open skies policy remains key to the success of Sri Lanka’s […]

SriLankan Airlines moves to meet EU emissions rules

June 02, 2011 (LBO) – SriLankan Airlines said it has satisfied a key environmental requirement of the European Union (EU) on monitoring of aircraft emissions and was in talks to get carbon credits to ensure full compliance. SriLankan Airlines’ Aircraft Emissions Monitoring System, developed by the airline itself, was approved by the EU on April […]

SriLankan Air Taxi launches daily flights to central hills

May 26, 2011 (LBO) – SriLankan Airlines has begun daily flights to Kandy in the central hills, using float planes to cut a three-hour road journey to 30 minutes for 4,900 rupees one-way and 9,800 rupees return. Flights from Colombo which now operate from the Kelani River to the city’s north are to be shifted […]

SriLankan Airlines ground handling, catering monopoly extended by 10 years

May 24, 2011 (LBO) – Sri Lanka’s airports authority has extended by 10 years a ground handling and catering monopoly given to the national carrier SriLankan Airlines at the international airport, a statement said. “Airport & Aviation Services (Sri Lanka) Limited has awarded SriLankan Airlines the long term exclusive franchise for ground handling and catering […]

SriLankan Airlines flights to Europe on schedule

May 24, 2011 (LBO) – All SriLankan Airlines flights to Europe will depart as scheduled with contingency plans to fly to alternate airports if Iceland’s volcanic ash clouds spread further into Europe, Sri Lanka’s national carrier said. “Passengers to our European destinations London, Frankfurt, Paris, Rome and Milan are advised to call our contact centre […]

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