Mandarin Deals

China has allowed SriLankan Airlines to operate four cargo services a week to Shanghai with immediate effect.China has allowed SriLankan Airlines to operate four cargo services a week to Shanghai with immediate effect. The deal which was inked late October, is in addition to rights to operate four weekly passenger services to Beijing and Shanghai […]

Train Trip

The Rail fares could be revised with flat zonal rates introduced to increase revenues and productivity in the ailing Railways Department.The Rail fares could be revised with flat zonal rates introduced to increase revenues and productivity in the ailing Railways Department. Railways Chief Priyal de Silva told Lanka Business Online that the Department was now […]

Travelling Light

Picked up for less than a dollar, the region’s first budget carrier AirAsia, skirts around bilateral Air Service Agreements, as it expands no-frills in the region. Picked up for less than a dollar, the region’s first budget carrier AirAsia, skirts around bilateral Air Service Agreements, as it expands no-frills in the region. In that deal […]

Lift Off

All future civil aviation development will be on a much-needed sector master plan that is in the works, but re-hauling regional airports and private air traffic management may not be top priority.All future civil aviation development will be on a much-needed sector master plan that is in the works, but re-hauling regional airports and private […]

Godfather

The State will step in to balance the Railway Department’s books this year and increase funds for railway operations next year, says the Transport Ministry. The State will step in to balance the Railway Department’s books this year and increase funds for railway operations next year, says the Transport Ministry. “The government has agreed to […]

Bus Tickets

The transport ministry will auction 100 school bus franchises in January, to operate a subsidised service for students in Colombo.The transport ministry will auction 100 school bus franchises in January, to operate a subsidised service for students in Colombo. The pilot project will test the waters for auctioning all route permits, under the Ministry’s long […]

Clearing Space

The Civil Aviation Authority is pushing for the state greenlight to open up its air routes for a second local carrier, and draw up the ground rules for operation.The Civil Aviation Authority is pushing for the state greenlight to open up its air routes for a second local carrier, and draw up the ground rules […]

Auspicious Moment

The Railway Department is waiting for a “good time” to reel out an alternate rail service from Fort to Nugegoda from November.The Railway Department is waiting for a “good time” to reel out an alternate rail service from Fort to Nugegoda from November. “We are going to start the rail bus service on the Kelaniweli […]

Route Subsidy

Sri Lanka’s subsidy happy government, which has made short-term handouts the cornerstone of its economic strategy, is now planning to use at least one upcoming subsidy to push through a long-felt shake up in the country’s unruly public transport system.Sri Lanka’s subsidy happy government, which has made short-term handouts the cornerstone of its economic strategy, […]

Twin Attacks

Sri Lanka is planning to ban the import of two-stroke engine vehicles widely used here in a bid to reduce pollution, the transport secretary said.Sri Lanka is planning to ban the import of two-stroke engine vehicles widely used here in a bid to reduce pollution, the transport secretary said. The move would largely affect the […]

Rough Ride

The Government put another road block before vehicle imports, with the Central Bank Friday raising the bar on obtaining Letters of Credit (LCs). The Government put another road block before vehicle imports, with the Central Bank Friday raising the bar on obtaining Letters of Credit (LCs). The directive, effective immediately, will require importers to post […]

Hit & Run

The Transport Ministry will tap one percent of all third-party insurance to start a hit-and-run fund for pedestrians by end of this year.The Transport Ministry will tap one percent of all third-party insurance to start a hit-and-run fund for pedestrians by end of this year. “We will set up a fund using one percent of […]

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