A report on a trusted Sri Lankan newspaper, The Sunday Times, states that the island nation government is looking at selling a stake of SriLankan Airlines ( IATA:UL ) to Temasek Holdings, parent of Singapore Airlines ( SIA ). SriLankan has[..] Read More >>
Tag Archives: Sri Lanka
Gulf Air to launch service to Aden and Colombo
Gulf Air from onset of Northern Winter will launch service to Aden, Yemen and Colombo, Sri Lanka. Service to Aden ( ADE ) from Bahrain ( BAH ) will operate four times a week with an Airbus A319 and will be a new destination for the carrier.[..] Read More >>
KingFisher to Start Four New Routes to Colombo
Kingfisher Airlines starting 1NOV will launch three new routes, and resume one route, to Colombo. The new routes are Cochin - Colombo Tiruchirapalli - Colombo Thiruvananthapuram - Colombo Bangalore - Colombo route will be[..] Read More >>
Report : SriLankan buy out from Emirates deal finalized
A reputed Sri Lankan business website, LBO, has reported that the Government of Sri Lanka has reached a deal with Emirates Airline to buy out the latter's stake in SriLankan Airlines. The stake will be bought out by state owned Bank of Ceylon ([..] Read More >>
Sri Lankan Government Offers Emirates $55m to Buy Back SriLankan Stake
15 May 2010 COLOMBO ( Reuters ) - Sri Lanka has offered $55 million to buy back the 43.6 per cent stake Dubai's Emirates airline holds in national carrier SriLankan Airlines, the island nation's treasury secretary said on Friday. Emirates, the[..] Read More >>
Oman Air shelves Colombo launch
Oman Air has shelved its plan to launch Colombo flights following consecutive denying of approval from the Sri Lankan authorities. This change was reflected in Global Distribution Systems today. Oman Air had originally planned to launch daily[..] Read More >>
Final Chance for SriLankan to Succeed
SriLankan Airlines recently made the largest loss in its history, a reversal from the $49m profit in the year ago period. If SriLankan is set to succeed, this would be their last chance to take quick and bold action to ensure the survival of the[..] Read More >>
How to Make Colombo a hub like Singapore
When Emirates took over the management of SriLankan Airlines, one of the biggest promises was to turn Colombo into a hub. However, many obstacles such as terrorist attacks and a not so healthy local economy coupled with never before heard global[..] Read More >>
Aero Lanka to relaunch as Lankan Cargo
Colombo, Sri Lanka based cargo carrier Aero Lanka ( QL ) is to resume operations after a few years break as Lankan Cargo. The carrier had already leased a Boeing 727-200Adv F, TU-TAB ( MSN 20190/738 ), for the operations. Aircraft Fact[..] Read More >>