Business Times

SriLankan mulling over air taxi operations

SriLankan Airlines would continue to operate its air taxi flights despite the losses it is making since commencing this service. The airline observed that they would continue the service but there would be a different type of aircraft or operation and that they have no plans of terminating the service.

Chief Marketing Officer G.T. Jayaseelan speaking with the Business Times said they were likely to change the method of operation from the current wet lease to a dry lease agreement. With a wet lease operation the national carrier would provide fuel, airport fees, and any other duties and taxes and the aircraft would be provided by the company with the complete crew, maintenance and insurance.

On the other hand, under a dry lease agreement the airline obtains only the aircraft and it would be on the airline operator’s certification and provide the required aircraft registration as well. Currently, the airline is operating for a period of nearly two years and it was uncertain whether the national carrier would enter into a joint venture with a private operator as these are currently under discussion, Mr. Jayaseelan said.

The airline now operates its air taxi service on an ad hoc basis to Iranamadu, while progressing on work towards moving into Batticaloa, with substantial work already done in Trincomalee and still working on obtaining approvals for landing in Jaffna.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
 
Other Business Times Articles
Controversial NSB-TFC deal to be reversed this week
India’s ITC now finalises deal, Sheraton moves to Kollupitiya
Tug of war between Treasury and BOI hinders US$2 billion FDI target
SriLankan mulling over air taxi operations
EDB fracas continues, meets COPE on June 8
Comment - Lynch the culprits
Sri Lanka has one of the best tourism products in the world
President must act to nab and expose fraudsters
PBJ opposed to multi-tea blending proposals
German cruise liner aims to bring 4,000 visitors in Dec-March
Gearing the Colombo bourse for growth
Discussion on 'what happens in boardrooms"
Citrus Leisure appoints two new directors to its board
Senseless action by SL Govt. to permit duty-free imports of luxury yachts
Exports of accounting could exceed IT : SLASSCOM
Fitch assigns an "A (lka)" Rating for Sampath Leasing and Factoring Ltd
Emirates Group announces 24th consecutive year of profit
Vista Advertising bags top HP Award
Singer Finance net profit grows by 106% in 4th quarter
99X Technology wins' Arch of Europe' Gold Award for Quality and Technology
Union Assurance insurance premium details thro’ SMS
Etisalat and education
Baurs Healthcare unit annual convention
UNIDO tests hydrogen energy entry in Sri Lanka
Allegations against pharma
Lovell takes over as Union Bank's head honcho
Learning from mistakes is hard work
Sri Lanka slip-sliding on economic targets
Haycarb sales up at Rs 8.5 bln, pre-tax Rs 724 mln in 2011/12
Japanese funding for Balapitiya resort hotel
Cinnamon Lakeside Colombo listed as 'Most Valued Hospitality Brand'
Urgent need to improve Balance of Payments
Gulf Air ranked ‘Best Family Friendly Airline’ once again
Senior Minister urges taking advantage of Euro zone crisis
Amitha Gooneratne joins DCSL Group as the MD of Melstacorp Ltd
ComBank to link its ATMs to China UnionPay
DFCC Vardhana Bank's profits up
Thomas Cook Holidays returns to Sri Lanka through Sparklink
Nine respond to Trinco RFPs

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2012 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution