Category: Shipping and Transport

SriLankan Airlines will hand over flying to a top European destination to its equity partner Emirates and add frequencies to other destinations on the back of a recent management reshuffle.SriLankan Airlines will hand over flying to a top European destination to its equity partner Emirates and add frequencies to other destinations on the back of […]

SriLankan Airlines has lost US$ 40 mn during the post tsunami period, and is expected to end the year with a US$ 10 mn loss as falling passenger revenues and rising fuel costs takes a toll on its balance sheet, a top official said Tuesday.SriLankan Airlines has lost US$ 40 mn during the post tsunami […]

National carrier SriLankan Airlines is starting off a daily return service from Colombo to New York’s JKF Airport this month, its CEO said Monday.National carrier SriLankan Airlines is starting off a daily return service from Colombo to New York’s JKF Airport this month, its CEO said Monday. The daily return service which starts on March […]

Holiday Air, a Sri Lankan airline, plans to invest US$ 12 mn to operate international flights from the island, following the liberalisation of the sector, the government’s Board of Investment said Friday.Holiday Air, a Sri Lankan airline, plans to invest US$ 12 mn to operate international flights from the island, following the liberalisation of the […]

Air fares to hot spots like Middle East and London are bottoming out, putting pressure on full fledge carriers, but newbie Etihad Airways says there is still room for all to survive in a friendly manner.Air fares to hot spots like Middle East and London are bottoming out, putting pressure on full fledge carriers, but […]

Gulf Air said Monday that they would quit Sri Lanka by mid March this year, as soaring oil prices and stiff competition from other Middle East carriers puts the squeeze on operations.Gulf Air said Monday that they would quit Sri Lanka by mid March this year, as soaring oil prices and stiff competition from other […]

With the government delaying picking a second carrier to fly international routes, possible contenders are eyeing alternate options to fly from Sri Lanka.With the government delaying picking a second carrier to fly international routes, possible contenders are eyeing alternate options to fly from Sri Lanka. In April last year, SriLankan Airline’s monopoly on international routes […]

A woman was killed by a train Tuesday on a coastal track in Sri Lanka reopened after more than 1,000 people died when eight coaches were swept away in the December tsunamis, police said.Restarting the Ocean Queen service became a symbol of the island nation’s rebuilding efforts after the devastation caused by the tsunamis, which […]

Sri Lanka The first train since the December 26th tsunami has passed along reconstructed tracks by the spot where the surging waters washed away away another train and nearly two thousand lives.Sri Lanka The first train since the December 26th tsunami has passed along reconstructed tracks by the spot where the surging waters washed away […]

The Indian based Rites Group has just completed an initial assessment of the local rail network, on the potential of upgrading the existing track.The Indian based Rites Group has just completed an initial assessment of the local rail network, on the potential of upgrading the existing track. The team is to submit its findings on […]

Plans to expand tsunami damaged roads in the south and east are still on the drawing board, with a final report expected in early February. Plans to expand tsunami damaged roads in the south and east are still on the drawing board, with a final report expected in early February. Officials say a decision to […]

An Rs 12 bn road development programme, over the next 4 years, is waiting for donor and lending agency funding.An Rs 12 bn road development programme, over the next 4 years, is waiting for donor and lending agency funding. “We have identified and submitted to the government, long term road development projects, for donor funding,” […]