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Name: SRILANKAN AIRLINES
7JetSet7 Code: LNK
Status: Operational
Region: ORIENT
City: COLOMBO
Country: SRI LANKA
Employees 4837
Web: srilankan.aero
Email: niroshanr@srilanka.aero
Telephone: +94 1 9733 5555
Fax: +94 1 9733 5122
Sita: CMBZZUL
Background
(definitions)

Click below for data links:
LNK-2001-03-A
LNK-2001-03-B
LNK-2005-01-A
LNK-2005-01-B
LNK-2005-01-C
LNK-2005-02
LNK-2005-02-A
LNK-2005-02-B
LNK-2005-02-C
LNK-2005-02-D
LNK-2005-02-E
LNK-2005-02-F
LNK-2005-02-G
LNK-2005-02-H
LNK-2005-10-A-NETWORK GROWTH
LNK-2006-06-A
LNK-2006-06-B
LNK-2006-06-C
LNK-2006-06-D
LNK-2006-06-E
LNK-2009-12 A340-500 SEARCH
LNK-2012-02 - INCDT AT LHR
LNK-2013-02 - TOP SRI LANKAN AIRLINES
LNK-2014-04-JOINS ONEWORLD ALLIANCE
LNK-2014-04-JOINS ONEWORLD-A
LNK-2014-12 - TO KUNMING
LNK-2014-12 - TOP 15 ROUTES.jpg
LNK-CABIN ATTENDANTS FLIGHT CREW
LNK-CABIN ATTENDANTS-2014-04
LNK-Flight Crew Cabin Attendants - 2016-01.jpg
LNK-MAP
LNK-MAP - 2013-09
LNK-MRO
LNK-VISIT-SRI LANKA-A
LNK-VISIT-SRI LANKA-B

FORMED AND STARTED OPERATIONS IN 1979. FORMERLY WAS AIR CEYLON AND AIR LANKA. SCHEDULED, INTERNATIONAL, PASSENGER & CARGO, JET AIRPLANE SERVICES.

ADDRESS:
LEVEL 22, EAST TOWER
WORLD TRADE CENTER, ECHELON SQUARE
COLOMBO 01, SRI LANKA

SRI LANKA (DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA) (SRI LANKA PRJAYANTRIKA SAMAJAWADI JANARAJAYA), WAS ESTABLISHED IN 1948, COVERS AN AREA OF 65,610 SQ KM. IT HAS A POPULATION OF 19 MILLION, AND ITS CAPITAL CITY IS COLOMBO. THE OFFICIAL LANGUAGES ARE ENGLISH, SINHALA, & TAMIL.

ORIGINALLY KNOWN AS AIR LANKA, THE AIRLINE WAS FORMED TO SUCCEED AIR CEYLON, WITH INITIAL MANAGEMENT ASSISTANCE PROVIDED BY SINGAPORE AIRLINES (SIA) FOR 2 YEARS ENDING IN 1981. WAS WHOLLY OWNED BY THE SRI LANKAN GOVERNMENT UNTIL EMIRATES (EAD) ACQUIRED A MINORITY SHAREHOLDING IN MARCH 1998. (EAD) ALSO BECAME RESPONSIBLE FOR THE MANAGEMENT OF AIR LANKA UNDER A 10-YEAR CONTRACT THAT ENDED IN MARCH 2008. IN JULY 1999, AIR LANKA RE-BRANDED AS SRILANKAN.

JANUARY 1993: AIR LANKA (LNK) SERVICE TO ABU DHABI, BAHRAIN, BANGKOK, CHENNAI, DELHI, DHAHRAN, DOHA, DUBAI, FRANKFURT, HONG KONG, KARACHI, KUALA LUMPUR, KUWAIT, LONDON, MALE, MUMBAI, MUSCAT, PARIS, RIYADH, ROME, SINGAPORE, TIRUCHIRAPALLY, TOKYO, TRIVANDRUM, & ZURICH.

PARTIAL PRIVATIZATION.

1992 = -$4.4 MILLION (NET LOSS) (+7.7): +19.5% (RPK) PASSENGER TRAFFIC, +17.3% PASSENGERS (PAX), +11.3% (FTK) FREIGHT TRAFFIC.

JANUARY 1994: LAST 6 MONTHS 1993 = -0.3% PASSENGERS (PAX).

AUGUST 1994: ACCDT: AIR LANKA (LNK) A300B4-600R DESTROYED & WRITTEN OFF (W/O) IN CRASH LANDING ON KOREAN ISLAND OF CHEJU, = 8 FLIGHT CREW (FC)/CABIN ATTENDANTS (CA)/152 PASSENGERS OK.

DECEMBER 1994: 1 A340-300 (CFM56-5C4) DELIVERY.

JANUARY 1995: 1994 = +$5 MILLION (NET PROFIT).

MARCH 1995: 1 A340-300 (CFM56-5C2), DELIVERY (2ND).

JANUARY 1996: 1995 = +5.9% (RPK) PASSENGER TRAFFIC, +8.8% PASSENGERS (PAX), +11.5% (FTK) FREIGHT TRAFFIC.

+1 A340-300 IN 1995.

NOVEMBER 1996: AIR LANKA ENTERED FINAL PHASE OF PRIVATIZATION. PLANS TO SELL 40% STAKE. POSSIBLE BIDDERS ARE THAI AIRWAYS (TII), MALAYSIA AIRLINES (MAS), OR AIRASIA (ASW).

JANUARY 1998: 1997 = +10.9% (RPK) TRAFFIC. 1.24 MILLION PASSENGERS (+4.8%). CARGO VOLUME 174 MILLION (FTK) FREIGHT TRAFFIC (+9.6%).

EMIRATES AIRLINE (EAD), AIRASIA (ASW), AND CONTINENTAL AIRLINES (CAL), ARE ALL BIDDING FOR 40% STAKE, WITH THE SUCCESSFUL ONE ASSUMING FULL MANAGEMENT OF THE AIRLINE. (EAD) IS FAVORITE.

MARCH 1998: EMIRATES AIRLINE (EAD) ACQUIRES 40% OF AIR LANKA (LNK) FOR $75 MILLION, OVER TWO PHASES. EMPLOYEES OWN 9%.

APRIL 1998: 5,000 EMPLOYEES.

EMIRATES AIRLINES (EAD) PLANS TO REPLACE 2 A320'S, & 4 L-1011'S, WITH 6 A330-200'S.

4,965 EMPLOYEES (INCLUDING 132 FLIGHT CREW (FC) & 1,317 MAINTENANCE TECHNICIANS (MT)).

(http://www.sirlanka.com). (ulsz@sri.lanka.net).

JULY 1998: 1ST 6 MONTHS = 1.9B RPK (PASSENGER TRAFFIC) (-7.6%), 570,000 PASSENGERS (PAX) (-6.7%).

AUGUST 1998: INCDT: AIR LANKA (LNK) A320-231 (374) AFTER LANDING AT CHENNAI, FOUND 3 X 5 INS HOLE NEAR TAIL CONE.

JANUARY 1999: 1998 = 4.2 BILLION (RPK) PASSENGER TRAFFIC (-2.6%); 5.9 BILLION (ASK) CAPACITY (+5.8%); 71% LF LOAD FACTOR (-6.19); 1.22 MILLION PASSENGERS (PAX) (-1.84%).

MARCH 1999: DUE TO PROBLEMS WITH AGING L-1011'S, PLANS TO ACQUIRE 1 A330-200 ON SHORT TERM LEASE. ITS 1ST OWNED A330-200 IS NOT DUE UNTIL OCTOBER.

APRIL 1999: CODE SHARE WITH EMIRATES AIRLINES (EAD) TO SINGAPORE AND TO JAKARTA.

4,766 EMPLOYEES (INCLUDING 134 FLIGHT CREW (FC), 468 CABIN ATTENDANTS (CA), & 1,283 MAINTENANCE TECHNICIANS (MT)).

(ulweb@sri-lanka.net). SITA: CMBZZUL.

MAY 1999: 1 ORDER (1999-07) A340-312 (CFM56-5C3) (036), EX-SABENA (SAB), AIRBUS (EDS) 7 YEAR LEASED.

JUNE 1999: 3 ORDERS A330-200 (TRENT 700), FOR TOTAL 9.

JULY 1999: CHANGES NAME FROM "AIR LANKA" TO "SRILANKAN AIRLINES" AND DROPS RED PEACOCK LOGO FOR NEW LIVERY OF A FLYING BIRD IN RED, ORANGE, AND GREEN (SHOWN ON NEW DELIVERY A340).

PLANS TO FLY TO BEIRUT, STOCKHOLM AND SYDNEY IN NOVEMBER 1999.

EMIRATES AIRLINES (EAD) HAS SIGNED A 10-YEAR MANAGEMENT CONTRACT TO RUN SRILANKAN AIRLINES (LNK).

1ST 6 MONTHS = +25.7% (RPK) TRAFFIC.

A340-312 (36, F-OHPZ), EX-SABENA (SAB), AIRBUS LEASED.

NOVEMBER 1999: SRI LANKA SIGNS BILATERAL AIR PACT WITH NEPAL. SRILANKAN AIRLINES (LNK) TO KATHMANDU, VIA DHAKA.

FISCAL YEAR (FY) 1998 = +$22.45 MILLION RECORD! (+3.6%): 1.26 MILLION PASSENGERS (PAX), 71% LF (LOAD FACTOR).

1ST 3 A330-243'S DELIVERIES OF 9. L-1011'S TO BE GROUNDED AND SOLD.

DECEMBER 1999: A330-243 (311, 4R-ALC) DELIVERY.

JANUARY 2000: A330-243 (TRENT 772B) (313), DEBIS (DEA) 10 YEAR LEASED.

FEBRUARY 2000: IN NOVEMBER 2000, TO BERLIN.

SOLD 4 L-1011'S TO AIR TRANSAT (AIJ) (1052; 1053; 1235; 1236).

APRIL 2000: IN JULY 2000, TO DHAKA (2/WEEK).

4,688 EMPLOYEES (INCLUDING 133 FLIGHT CREW (FC), 541 CABIN ATTENDANTS (CA), & 1,301 MAINTENANCE TECHNICIANS (MT)).

A330-243 (336, 4R-ALE) (TRENT 772B-60) DELIVERY.

JUNE 2000: NONSTOP TO DHAKA, AND TO MILAN, VIA ROME.

1999 = 102,750 TONS (+10%).

A330-243 DELIVERY.

JULY 2000: 1999 = 5.16 BILLION (RPK) TRAFFIC; 71.7% LF LOAD FACTOR; 179.18 MILLION (FTK) FREIGHT TRAFFIC; 1.42 MILLION PASSENGERS; 4,688 EMPLOYEES.

AUGUST 2000: IN NOVEMBER 2000, TO BERLIN (A340, 2/WEEK).

SEPTEMBER 2000: CODE SHARING WITH OLYMPIC AIRWAYS (OLY) TO SYDNEY AND MAY EXTEND TO EUROPEAN POINTS.

OCTOBER 2000: COLOMBO - DUBAI - BERLIN (2/WEEK), INCLUDING EMIRATES (EAD) CODE SHARE, DUBAI - BERLIN.

NOVEMBER 2000: IN DECEMBER 2000, CODE SHARE WITH SWISSAIR (SWS) TO ZURICH.

FISCAL YEAR (FY) 1999 = -$9.4 MILLION (1ST LOSS IN 10 YEARS).

DEFERS ACQUISITION OF 3 A330-200'S.

DECEMBER 2000: BEGINS CARRYING 4 SECURITY PERSONNEL ON ALL FLIGHTS FROM INDIA.

TO JAKARTA, VIA SINGAPORE.

FEBRUARY 2001: 1 AN-12F, 18-TONNE PAYLOAD, FOR SERVICE FROM INDIA TO THE MALDIVES. ALSO, FROM BANGALORE, & TRIVANDRUM, INDIA, AND TO THE GAN ISLANDS, MALDIVES. LATER IN YEAR, PLANS TO ACQUIRE A 2ND AN-12F FOR SERVICES TO COCHIN, AND HYDERABAD, AND INCREASE SERVICE TO THE MALDIVES.

APRIL 2001: 10-YEAR, CONTRACT EXTENSION TO LUFTHANSA TECHNIK (LTK) (DLH), FOR 4 A340'S (CFM56-5C) REPAIR/OVERHAUL.

4,688 EMPLOYEES (INCLUDING 133 FLIGHT CREW (FC), 541 CABIN ATTENDANTS (CA), & 1,301 MAINTENANCE TECHNICIANS (MT)).

JULY 2001: ATTACK BY 18 GUERILLAS OF LIBERATION TIGERS, OF TAMIL ELAM, AT COLOMBO BANDARANAIKE AIRPORT, COMPLETELY DESTROYS 2 A330-200'S, & 1 A340-300, PLUS DAMAGE TO 2 A320'S, & 1 A340. IMMEDIATE LOSS ESTIMATED AS $520 MILLION. AT LEAST 20 PEOPLE WERE KILLED, AND A TOTAL OF 13 AIRPLANES WERE DESTROYED. 2 A330-243'S (336, 4R-ALE; 341, 4R-ALF), AND A340-312 (036, 4R-ADD) WERE DESTROYED IN THE BOMBING.

AUGUST 2001: A320-231 (374), ALSO WRITTEN OFF (W/O), FOLLOWING BOMBING ATTACK.

SEPTEMBER 2001: EFFECTIVELY BECOMES THE NATIONAL CARRIER OF THE MALDIVES, BY LAUNCHING SERVICES TO 3 POINTS FROM MALE. WILL INTRODUCE NON-STOP SERVICE TO LONDON, TOKYO, AND ZURICH.

OCTOBER 2001: FISCAL YEAR (FY) 2000 = -$71 MILLION: DUE TO HIGHER FUEL COSTS, DEVALUATION, AND SUICIDE BOMBER ATTACK, WHICH DESTROYED 4 AIRPLANES. AIRLINE'S TOTAL LIABILITIES EXCEEDED TOTAL ASSETS IN 2001. ITS AIRPLANE LOSSES WILL BE BORNE BY THE INSURERS, BUT IT WILL NOT BE REPLACING THE AIRPLANES, WHICH WERE DESTROYED IN THE ATTACK.

JANUARY 2002: DAYA PELPOLA, CHAIRMAN.

July 2002: FISCAL YEAR (FY) 2001 = +1.4 BILLION RUPEES/+$14.5 MILLION (-$5.57 MILLION): 6.64 BILLION (RPK) (-3.1%); 68.8% LF LOAD FACTOR; 1.72 MILLION PASSENGERS (-2.3%); 217.66 MILLION (FTK) FREIGHT TRAFFIC (-14.9%); 4,112 employees (-12.2%).

A320-231 (304, 4R-ABC), Orix (OXA) leased.

August 2002: In October, to Paris Charles de Gaulle (CDG) (2/week nonstop, & 1/week, via Male).

+1 A320-200 delivery.

November 2002: Srilankan (LNK) for 2001 = +1.6 Billion Rupees/+$16.6 Million, (previously has benefitted from the help of ancillary services such as cargo and catering).

To Delhi - Bodh Gaya (A320, weekly). Plans service to China in 2003. To resume service to Milan.

INCDT: A SriLankan Airlines (LNK) An-12F (00347107, 4R-AIA), gear-up landing at Karachi, ruptured hydraulic lines, resultant fire contained by airport Fire Department, all aboard OK.

February 2003: Global airline survey of airlines in Europe, the Middle East, Africa, Asia/Pacific, and North & South America, gave Srilankan (LNK) the "Skytrax" award for "World's Friendliest Cabin Staff" and the A340-300 the "Most Comfortable Long Haul Aircraft."

March 2003: In May 2003, Colombo - Kochi (nonstop, 3/week). Resumes Colombo - Kuwait.

4,112 employees. (http://www.srilankan.lk).

Parent organization/shareholders: Government of Sri Lanka (51%); Emirates (EAD) (43%); & employees (5.37%).

SriLankan (LNK) is the national carrier operating to 27 destinations in 20 countries.

(IATA) Code: UL. (ICAO) Code: ALK.

Main Base: Colombo Bandaranaike International airport (CMB).

International, Scheduled Destinations: Abu Dhabi; Bahrain; Bangalore; Bangkok; Chennai; Dammam; Delhi; Doha; Dubai; Frankfurt; Gaya; Hong Kong; Jakarta; Kuala Lumpur; Kuwait; London; Male; Mumbai; Muscat; Paris; Riyadh; Singapore; Thiruvananthapuram; Tiruchirapally; Tokyo; & Zurich.

1 order (2003-04) A320-200 (V2500) (315), ex-America West Airlines (AMW), Orix (OXA) 6 year leased.

July 2003: 4,400 employees. (http://www.airlanka.com).

August 2003: Fiscal Year (FY) 2002 SriLankan (LNK) Group = +2.2 Billion rupees/+$15.29 Million (-37.6%). (LNK) (FY) 2002 = +$6.26 Million (+$33.14 Million): 76.08% LF load factor (+7.57).

September 2003: SriLankan (LNK) declared a final dividend of 10% for the year ending March 2003, and as a result, its largest shareholder, the government of Sri Lanka, will be paid +262 Million rupees/$4.5 million.

2002 = +$13.7 Million (+$36.2 Million): 6.41 Billion (RPK) traffic (+9.3%); -1.6% (ASK) capacity; 76.1% LF load factor (+7.6); 1.8 Million passengers (+11.8%); 200 Million (FTK) freight traffic (+7.5%).

2002 TOP WORLD AIRLINES PASSENGER TRAFFIC (RPK) (Billion):
87 (MTH) 7.09; 88 (KUW) 6.71; 89 (VIE) 6.60; 90 (SPR) 6.57; 91 (BMA) 6.56; 92 (LNK) 6.41; 93 (RAM) 6.38; 94 (EXPRESSJET) 6.36; 95 (QTA) 6.20; 96 (COI) 5.96.

October 2003: Recent access accords agreed with India allows SriLankan (LNK) to fly to and from 18 destinations in India.

With addition of 2 A340-313X's (367, 4R-ADE; 375, 4R-ADF), has increased weekly services to London from 9 to 11, Paris, from 3 to 4 weekly, and Frankfurt from 2 to 3.

November 2003: Plans to acquire +7 airplanes: 2 A320's, 2 A340's, 2 Cessna Caravan amphibians, & 1 An-12F freighter.

The 1st commercial use of the Cessna Caravan amphibians will be to launch operations, operating air taxi services from Colombo - Katunayake to, initially, Anuradhapura, Bentota, Hingurakgoda, Koggala, Kandy, Nuwara-Eliya, Dambulla, and Trincomalee, utilizing inland waterways as landing strips.

December 2003: Sri Lanka's Civil Aviation Authority (CAA) has earmarked a 200ac (80ha) block of land at Kundasale, near the ancient hill capital of Kandy, for a new airport in the Central Province. It will be the 1st airfield opened in the region since an airstrip at Mawathagama (long since defunct) was established during World War II, primarily for use by Lord Louis Mountbatten, Supreme Allied Commander of Southeast Asia Command (SEAC), who had his headquarters (HQ) at Peradeniya on the outskirts of Kandy.

February 2004: Colombo - Hyderabad (4/week). Anuradhapura - Hingurakgoda (amphibious service, SriLankan Air Taxi).

May 2004: In July 2004, Colombo - Calicut (Kozhikode) (4/week).

Extended its code share agreement with bmi (formerly Briish Midland) (BMA) to include flights from London to Manchester, Bradford, Teeside, Edinburgh, Glasgow, and Belfast. New destinations covered are Dublin, Amsterdam, Brussels, and Paris, which is also served directly by 4x-weekly SriLankan Airlines (LNK) flights.

June 2004: A320-231 (164, 4R-ABF), Frid Leasing leased.

July 2004: Contract with Telair International, a Teleflex Company, for a "significant volume" of Telair's new Ultralife Unit Load Devices for on board containment of passenger bags and small cargo.

Calicut becomes its 10th destination in India. Plans to fly to Ahmadabad and several other cities in the near future.

August 2004: In October 2004, to add +11 flights to India for total 77. 9 of the 10 Indian destinations, including Madras & Trivandrum, will be served with daily or more frequent flights. India is the largest tourism market into Sri Lanka, with year 2003 = 91,000 passengers (+29.5%). Will boost service to both Bahrain & Abu Dhabi from 2 to 3 flights. In November 2004, Colombo - Beijing, via Bangkok (3/week).

5th A320 delivery. 2 orders A320's, 1 order A340, & 2 orders DHC-3 Viking Turbo Otter float-plane (for its subsidiary, Srilankan Air Taxi).

September 2004: 4,095 employees (including 192 Flight Crew (FC), 612 Cabin Attendants (CA), & 335 Maintenance Technicians (MT)).

Multiyear agreement with Shepherd Systems, that provides the airline with access to Shepherd's MarketMaster, a management system that offers "fast, uniform and fact-based traffic flow assessment on both existing routes and new route options."

Fiscal Year (FY) 2003 (LNK) Group = +5.64 Billion rupees/+$54.6 Million (+75.9%). (FY) 2003 SriLankan Airlines (LNK) = +4.56 Billion rupees/+$5.8 Million (+95%) (2.34 Billion rupees): 2.06 Million Passengers (+14.3%) (1.81 Million).

November 2004: Singapore and Sri Lanka have signed an "open skies" agreement, where restrictions have been lifted on the countries' operations between the 2 countries.

March 2005: Colombo - New York (JFK) (daily). +2 frequencies to Singapore for total 16, 33 weekly to Frankfurt, Munich, & Dusseldorf in partnership with Emirates (EAD). In summer, to Abu Dhabi (A330, daily), with 4 of them continuing to Doha & 3 to Bahrain. Colombo to Damman (3/week) & Kuwait (9/week). Codeshare with (EAD) to Dubai increased to 28/week. Also increasing flights to Cochin from 6 to 12; to Calicut, 6 to 9; to Tiruchirapally 7 to 10; to Trivandrum 9 to 11, & to Hyderabad 5 to 7. Also Colombo to Karachi, via Bombay (3/week), to Beijing, via Bangkok (3/week), plus 3 flights added to London.

June 2005: SriLankan Airlines (LNK) operates jet airplane services to 42 destinations in 23 countries across Asia, the Middle East, & Europe.

(http://www.srilankan.aero). (ulweb@srilanka.aero).

5,004 employees.

August 2005: Colombo - Sydney (daily), Colombo - Cyprus (10/week); & Colombo - Beijing (3/week). Now provides service to 48 destinations in 27 countries.

5,163 employees (+9.5%).

September 2005: SriLankan Airlines Group (LNK) said it had an after-tax profit of 1.37 billion rupees/$13.57 million for the fiscal year to last March 31, down -75.6% compared to income of LKR5.64 billion in the prior fiscal year but a strong showing in light of last December's tsunami and soaring fuel prices. "The performance of the SriLankan Airlines Group (LNK) during the 2004 to 2005 financial year cannot be measured or quantified in rupees . . . I am proud to said that the [Group] and its staff proved to be a tremendous source of strength for the nation during its time of greatest crisis in the aftermath of the tsunami," said Chairman J M S Brito.

Group operating revenue totaled LKR54.72 billion, up +18.5% over fiscal year (FY) 2004, while airline revenue rose +18.5% to LKR53.81 billion. Group operating profit before finance cost and tax was +LKR1.74 billion, down -70.5%.

Calicut was added to the route network last year, while New York and other long-haul destinations came online via code share with Emirates Airlines (EAD). "SriLankan Airlines (LNK) has made significant progress during the last financial year by expanding its network into India and Southeast Asia, increasing its overall capacity +15% (ASK) and revenue +18%," said Tim Clark, Managing Director.

December 2005: SriLankan Airlines (LNK) lashed out at Pakistan and Bangladesh over restrictions it claims are hindering its growth. (CEO) Peter Hill, speaking at the "Center for Asia Pacific Aviation 2006 Outlook" conference in Kuala Lumpur, called on the governments of the 2 countries to liberalize aviation access.

"Pakistan and Bangladesh have yet to take a leaf from India's book and open their skies," Hill told delegates. "India is now the premier tourism generating country to Sri Lanka, and Sri Lanka is one of the main tourism generating countries to India."

March 2006: SriLankan Airlines (LNK) is preparing for possible changes to its ownership structure, with (CEO) Peter Hill saying, "In 3 to 6 months' time, the government, which holds 51% in SriLankan (LNK), will decide how it will go on with the carrier. "The airline already is planning its business case for the post-2013 world. One issue on the horizon is fleet renewal. It is evaluating taking on airplane orders from Emirates Airline (EAD), which owns 43% of SriLankan (LNK). Its A340-300s might be replaced with 777s or A340-600s, while "to replace our A330s, we are thinking about the A350 and 787," Hill said.

Mindful of possible opportunities, (LNK) is looking at developing its 3rd-party maintenance capability. "Our labor costs are very cheap and our geographical position is excellent," Hill noted. Indian carriers looking for a jet airplane Maintenance Repair & Overhaul (MRO) provider, might be a market, he suggested.

SriLankan (LNK) remodeled its network strategy after the December 2004 tsunami. Prior to the cataclysm, 40% of European passengers were leisure travelers and this is now down to 20%. "So we plan to increase further our 89 weekly flights to India and also want to extend our current nine destinations. In India, we have become the largest foreign carrier," he said.

Goa will be added to the network as SriLankan (LNK)'s 50th destination and (LNK) will split a triangle route from Colombo to Paris and Frankfurt into separate flights: 3x-weekly non-stops to Paris and 4x- to Frankfurt starting from the northern winter season 2006 - 2007. It also plans to expand routes to East and Southern Africa as well as into Australasia.

May 2006: The Sri Lankan government approved the construction of a toll road connecting the country's capital, Colombo, to the Bandaranaike Airport, 16 miles away. According to "Reuters," the $292.4 million project, to be funded by a loan from China Exim Bank and built by China Metallurgical Construction Corporation, will begin May 22. Completion is slated for late 2009. The new road will reduce transit time from the airport to Colombo from one hour to 15 minutes, "Reuters" reported.

SriLankan Airlines (LNK) starts service to the Indian resort town of Goa, with 2x-weekly flights from Colombo beginning on October 30th. (LNK) operates 2x-weekly on Mondays & Saturdays, using an A320.

May 2006: Employees = 5,163.

(http://www.srilankan.aero). (ulweb@srilanka.aero).

June 2006: SriLankan Airlines Group (LNK) is recovering gradually from the December 2004 tsunami, reporting a net profit of +LKR2.04 billion/+$19.6 million for the fiscal year ended March 31, that marked a +48.3% improvement from the prior year's profit of +LKR1.38 billion, but still fell far short of the +LKR5.64 billion it earned in Fiscal Year (FY) 2004.

The airline unit (LNK) posted a profit of +LKR797.9 million in the recent fiscal year compared to earnings of +LKR7.7 million in (FY) 2005. "Achieving these results after the devastating effects of the tsunami, deteriorating security situation in the country and skyrocketing global fuel prices is a significant achievement," said Group Managing Director, Tim Clark, who also is President of Emirates Airline (EAD), which holds 43.6% of SriLankan (LNK).

Group operating revenue climbed +14.2% to LKR62.49 billion, while expenses rose +11.8% to LKR60.6 billion, driven by a +39.7% jump in fuel costs. Passenger traffic increased +11.2% to 9.05 billion (RPK)s, lifting passenger revenue +16.3%.

The airline said it will continue to "expand cautiously" in the coming year, launching services to Goa, its 50th destination, and upgrading its catering and cargo operations. SriLankan (LNK) will inaugurate nonstop service from Colombo to Goa (India) on October 30th. The airline will operate 2 flights a week, on Mondays & Saturdays, using an A320.

SriLankan Airlines (LNK) said it extended e-ticketing capability to tickets purchased through most travel agents.

October 2006: SriLankan Airlines (LNK) is upgrading its Colombo to Doha route from 4 direct flights to 2 nonstop and 2 direct flights from October 29th. Currently the airline operates 4x-weekly, on Mondays, Wednesdays, Thursdays, & Saturdays via Abu Dhabi. The new schedule calls for a Mondays & Thursdays nonstop flight and Tuesdays & Sundays, via Bahrain.

November 2006: SriLankan Airlines (LNK) started 2x-weekly flights to Goa, its 50th destination and 10th in India, and said it is close to finalizing the launch of service to Jeddah.

January 2007: SriLankan (LNK) Cargo will launch a regional charter service, that will include destinations not served by regularly scheduled flights. It said it will obtain all landing clearances. It operates 2 freighters and also carries cargo on 14 mainline airplanes.

March 2007: SriLankan (LNK) started code share with Saudi Arabian Airlines (SVA), 2x-weekly, Colombo - Jeddah, using A330-200s. This was (LNK)'s 51st destination.

June 2007: SriLankan Airlines (LNK) is trying to entice passengers to its Doha service by doubling the amount of permitted luggage on the return leg to 40 kg per person. (LNK) said the new allowance is "up to +100% more than our regional competitors."

July 2007: SriLankan Airlines (LNK) Group, parent of the namesake airline and SriLankan Catering, posted a net profit of +LKR862.2 million/+$7.7 million in the financial year ended March 31, marking its 5th consecutive profitable year but a -50% plunge from the prior 12-month period. The company cited a sharp downturn in Sri Lanka's tourism industry and the steep rise in the price of aviation fuel. The airline unit (LNK) reported a profit of +LKR568 million, an increase of +19.2% over +LKR476.5 million in Fiscal Year (FY) 2006. It said operating revenue rose +11% to LKR67.96 billion against a +14% increase in expenditure to LKR69.4 billion. Unit cost was up +7.1% owing to the price of fuel. (LNK)'s fuel bill jumped +18% to $224.9 million. Compounding the fuel spike, tourist arrivals slowed due to an escalation of hostilities in the conflict between the government and Tamil separatists. SriLankan Chairman, Dr Harry Jayawardena said that the "financial year under review was so far the most challenging year for the airline in its 27-year history," while Managing Director, Tim Clark added, "The largest single factor that affected the airline's bottom line was the return to hostilities in Sri Lanka's internal conflict. The resultant travel advisories against visiting Sri Lanka, brought very serious consequences on traditional markets such as Japan, the UK, Germany, and France."

Despite the challenges, (LNK) continued with its expansion plans through the year, launching services to Goa and Jeddah and doubling frequencies to Mumbai. Direct flights were reintroduced to Paris Charles de Gaulle, Frankfurt, Bahrain, and Doha, and capacity increased to Kuwait, Abu Dhabi, Bangalore, and Calicut.

Emirates Airlines (EAD) holds a 10-year management contract with SriLankan through March 31, 2008, and discussions are ongoing with the government regarding its future.

November 2007: SriLankan Airlines (LNK) added a 2nd weekly Colombo - Trichy flight, its 100th weekly frequency to India. It serves 11 destinations there, and carries 35% of its passengers on those routes.

December 2007: SriLankan Airlines (LNK) completed its (IATA) (ITA) Operational Safety Audit (IOSA).

January 2008: 2007 financial year ending 31st March net profit was +$5.216 million compared to +$4.376 million in 2006. 2007 = 9.84 billion (RPK)s passenger traffic (+5.2%); 79% LF; 347 million (FTK)s freight traffic (+5.5%); 3.21 million passengers (+2.9%).

Emirates Airline (EAD) will quit its management contract with SriLankan Airlines (LNK) following a public spat, after the Sri Lankan government withdrew the work permit of Peter Hill, Emirates (EAD)'s secondee & (CEO) of the Colombo-based carrier.

The trouble started when SriLankan (LNK) refused to offload 35 passengers on a London Heathrow - Colombo flight in order to accommodate President, Mahinda Rajapaksa and his entourage. The government owns 51% of (LNK), while Emirates Airline (EAD) holds 43.6%, and negotiations have been underway for 18 months to renew an 8-year-old management contract.

(EAD) now faces the prospect of divesting some or all of its stake. (EAD) purchased 40% for $70 million in 1998, when the management agreement was forged, and picked up the remainder at a later date. President, Tim Clark has suggested a selling price of $150 million, according to the Sydney-based Center for Asia Pacific Aviation (CAPA), which indicated that there are doubts surrounding the value of the airline. "Sri Lanka benefited from India's restrictive international aviation policy, and thanks to its relative openness towards the small island neighbor, Colombo became India's major 6th-freedom gateway hub," (CAPA) said.

However, India since has liberalized its international routes for its own airlines, eroding Colombo's importance. Last year, the Sri Lanka government set up a new low-cost carrier (LCC) called Mihin Lanka (MIH), which is operating head-to-head with SriLankan (LNK) on routes such as Colombo - Dubai. Compounding the situation, Rajapaksa has been ineffective in taming the Tamil Tiger rebel groups that have dampened tourism to the country.

SriLankan Airlines (LNK) Chairman, Dr Harry Jayawardena issued a statement confirming that the government of Sri Lanka will take "total control" of the airline following Emirates Airlines (EAD)'s decision to opt out of its management contract from April 1. He said the government "will continue to manage the national carrier for the best interest of the public and the country at large" and will continue to be SriLankan's majority owner with no plans to divest.

March 2008: The Sri Lankan government named P B Jayasundera as the new Chairman of SriLankan Airlines (LNK), in which the government holds 51.05%. It will seat 4 on the new board while Emirates (EAD), which holds 43.63%, will have 3 seats. The 10-year contract, whereby Emirates (EAD) was responsible for the management of SriLankan Airlines (LNK), ended this month.

May 2008: SriLankan Airlines (LNK) named Head of Worldwide Sales, Manoj Gunawardena as its new (CEO). He has been with the airline for >25 years.

SriLankan (LNK) Engineering said it is conducting mandatory (CFM56) modifications at its shop at Bandaranaike International airport for SriLankan Airlines (LNK)'s fleet of A340s. The work includes upgrades to strengthen the integrity of the "C" duct.

July 2008: SriLankan Airlines (LNK) is the national carrier and operates jet airplane services to 51 destinations in 28 countries across Europe, the Middle East, South Asia, Southeast Asia, & the Far East, in addition to international charter services. Major destinations include Bangkok, Beijing, Chennai, Dubai, Frankfurt, Hong Kong, Kuala Lumpur, London, Mumbai, New Delhi, Paris, Singapore, and Tokyo. Services to India make up 40% of the airline's activities, with 100 weekly flights to 10 destinations. Scheduled and charter cargo flights are operated with Antonov An-12F freighters, wet-leased from Air Sofia, when required.

Employees = 5,739.

(IATA) Code: UL - 603. (ICAO) Code: ALK - (Callsign - SRILANKAN).

Parent organization/shareholders: Government of Sri Lanka (51.05%); Emirates (EAD) (43.63%); & employees (5.32%).

Alliances: bmi (formerly British Midland) (BMA); Emirates (EAD); Indian (IND); Malaysia Airlines (MAS); & Oman Air (OMR).

Main Base: Colombo Bandaranaike International Airport (CMB).

Domestic scheduled destinations: Ampara; Anuradhapura; Bentota River; Colombo; Dikwella; Hingurakgoda; Kandy; Katukurunda; Katunayake; Koggala; Nuwara-Eliya; Ratmalana; Sigiriya; Trincomalee; & Weerawila.

International Scheduled Destinations: Abu Dhabi; Amsterdam; Bahrain; Bangalore; Bangkok; Beijing; Belfast; Birmingham; Brisbane; Brussels; Calicut; Chennai; Dammam; Delhi; Doha; Dubai; Dublin; Dusseldorf; Edinburgh; Frankfurt; Glasgow; Goa; Hong Kong; Hyderabad; Jakarta; Jeddah; Karachi; Kochi; Kuala Lumpur; Kuwait; Larnaca; Leeds; London; Male; Manchester; Melbourne; Mumbai; Munich; Muscat; New York; Paris; Riyadh; Singapore; Sydney; Teesside; Thiruvananthapuram; Tiruchirapally; Trivandrum; Tokyo; Vienna; & Zurich.

Mercator reached a deal with SriLankan Airlines (LNK) to provide its SkyChain cargo reservation and business management solution.

August 2008: SriLankan Airlines (LNK) reported a +LKR4.9 billion/+$45.4 million profit in the fiscal year ended March 31, >5x the +LKR862 million posted in the prior year, according to press reports. The profit was driven by a +LKR5.48 billion gain from a sale/leaseback transaction involving 3 A340s. Full-year revenue climbed +15.9% to LKR80 billion. Operating loss was -LKR588 million, as fuel costs soared +28% year-over-year. The airline business lost -LKR6.1 billion, but the company made money with its ground handling (+LKR3.3 billion), catering and duty-free sales segments. Passenger numbers rose +0.7% to 3.2 million, and load factor was up +0.6 point to 77.7% LF. (CEO) Manoj Gunawardena told "Lanka Business Online" that operating losses in the recently completed fiscal 1st quarter reached -$54 million. (LNK) operates 5 A340s, 4 A330s and 5 A320s.

September 2008: SriLankan Airlines (LNK) is recruiting A330/A340 and A320 Flight Crew Second In Command (SIC)s and Pilot In Command (PIC)s for October/November classes. Applicants can apply online or email applications to hareenaj@srilankan.aero.

December 2008: SriLankan Airlines (LNK) announced the launch of a "re-fleeting program" with the November 30 delivery of an A320 on a three-year lease from (AWAS) (AWW). The 2-year-old airplane is the 1st to join the airline in >4 years and will seat 20C in business class and 132Y in economy. A 2nd A320 is scheduled to arrive this month, with a 3rd and 4th expected in the 2009 1st quarter and a 5th sometime next year. They will replace existing A320s, with 2 to leave the fleet by year end. (LNK) (CEO) Manoj Gunawardena said the deliveries are an "integral part of our strategy to turn the airline around and bring it back to profitability." It currently operates a fleet of 5 A320s, 4 A330s and 5 A340s.

A320-232 (2908, 4R-ABG), ex-Kingfisher Red (DCC), ex-(VT-ADT).

February 2009: (IBS) said SriLankan Airlines (LNK) selected its "iFly Loyalty" technology featuring a "rules engine" as well as program, tier, partner and member management capabilities.

June 2009: (IBE) and ST Aerospace officially commemorated the opening of Madrid Aerospace Services (MAeS), their joint venture (JV) company created to carry out landing gear Maintenance Repair & Overhaul (MRO) on A320, A330 and A340 airplanes. The 50/50 (JV) has completed and delivered 10 landing gears since early April and received the 1st shipset from its inaugural 3rd-party customer, SriLankan Airlines (LNK), with a target completion date of July. (MAeS) expects to employ about 100 technicians at full capacity.

September 2009: SriLankan Airlines (LNK) will launch weekly, Colombo (CMB) - Paris Charles de Gaulle - Milan Malpensa (MXP) - (CMB) and weekly (CMB) - Frankfurt - (MXP) - (CMB) service on December 16 aboard A330s and A340s.

October 2009: SriLankan Airlines (LNK) will launch 2x-weekly service from Colombo to Milan Malpensa on December 16 and increase flights to London Heathrow, Singapore, Kuala Lumpur, Hong Kong, Tiruchirapalli, Male, Bangalore, Karachi, and Bahrain. Frequencies to Doha and Dammam will rise on October 25.

Etihad Airways (EHD) will re-launch 4x-weekly, Abu Dhabi - Colombo in January aboard an A320. SriLankan Airlines (LNK) will code share.

Sri Lankan government statistics show tourist arrivals are up by around +30% in 2009.

(LNK) signed a 5-year Information Technology (IT) agreement with (SITA) that’s expected to save (LNK) nearly -$5 million annually. The cooperation involves modernization of (LNK)’s communication infrastructure.

(SITA) won a 5-year contract from SriLankan Airlines (LNK) to implement and maintain a global (IP) network covering connections in 44 sites across 19 countries.

(LNK) is currently not hiring Flight Crew (FC). Many USA pilots (FC) flying for (LNK) were released this summer.

February 2010: The Sri Lankan government is negotiating the purchase of Emirates (EAD)'s 43.6% stake in SriLankan Airlines (LNK), Chairman, Nishanta Wickremasinghe told reporters. (EAD) said it "can confirm that the Sri Lankan government has been investigating the possibility of increasing their share in SriLankan Airlines (LNK)," in a statement cited by "Bloomberg News." (EAD) opted out of its management contract with (LNK) 2 years ago and said it would look to sell its stake. President, Tim Clark told "Reuters" that
discussions with the Sri Lankan government are at a preliminary stage and that (EAD) would consider a deal if the "price is right." (LNK) (CEO) Manoj Gunawardena told "Lanka Business Online" that (LNK) expects to narrow its loss for the fiscal year ending March 31 from the -LKR9.9 billion/-$86.4 million deficit reported in the year ended March 31, 2009.

July 2010: Sells and leases back 3 A330-200s to AirCastle (CSL).

August 2010: Sri Lanka's government has completed a deal to buy Emirates (EAD)'s 43.6% stake in SriLankan Airlines (LNK). (EAD) had owned the stake in (LNK) for the last 12 years, dating back to a 10-year management contract in 1998. (EAD) returned management control of (LNK) to the government in April 2008 after a public spat between the 2 parties, but discussions over the value of (EAD)'s stake in (LNK) continued for the last 2 years. Since the split, (LNK) has strengthened ties with another Middle East carrier, Etihad Airways (EHD). The SriLankan Government now owns 94.7% of (LNK).

SriLankan Airlines (LNK) is the national carrier and operates jet airplane services to 50 destinations in 28 countries across Asia, Europe, and the Middle East, in addition to international charter services.

Employees = 4,837.

(IATA) Code: UL - 603. (ICAO) Code: ALK (Callsign - SRILANKAN).

Parent organization/shareholders: Government of Sri Lanka (94.68%); & employees (5.32%).

Alliances: bmi (formerly British Midland) (BMA); Etihad Airways (EHD); Malaysia Airlines (MAS); & Saudi Arabian Airlines (SVA).

Main Base: Colombo Bandaranayike International Airport (CMB).

Domestic scheduled destinations: Ampara; Anuradhapura; Bentota River; Colombo; Dikwella; Hingurakgoda; Kandy; Katukurunda; Katunayake; Koggala; Nuwara-Eliya; Ratmalana; Sigiriya; Trincomalee; & Weerawila.

International Scheduled Destinations: Abu Dhabi; Amsterdam; Bahrain; Bangalore; Bangkok; Beijing; Belfast; Birmingham; Brisbane; Brussels; Calicut; Chennai; Dammam; Delhi; Doha; Dubai; Dublin; Dusseldorf; Edinburgh; Frankfurt; Glasgow; Goa; Hong Kong; Hyderabad; Jakarta; Jeddah; Karachi; Kochi; Kuala Lumpur; Kuwait; Larnaca; Leeds; London; Male; Manchester; Melbourne; Mumbai; Munich; Muscat; New York; Paris; Riyadh; Singapore; Sydney; Teesside; Thiruvananthapuram; Tiruchirapally; Trivandrum; Tokyo; Vienna; & Zurich.

767-3S1ER (25221, CS-TQI), Luzair (LUZ) wet-leased.

September 2010: SriLankan Airlines (LNK) will be adding 7 airplanes next year and launching a new business class (C). It is acquiring 5 leased A320s and 3 de Havilland Canada Twin Otters next year, said an airline spokesman. “3 of the A320s will be brand new airplanes and will be fitted with the latest audio-video demand entertainment system.” (LNK) presently has a fleet of 3 A320s, 5 A330s and 5 A340s.

The two Twin Otters will be floatplanes, and will mark (LNK)’s re-entry into the air taxi business, says (LNK). (LNK) launched a Twin Otter floatplane operation a few years ago to serve beach resorts. It closed the operation in June 2007 after the country’s civil war caused the tourism industry to suffer. But last year, the civil war ended, with the defeat of the Tamil Tiger separatists. “Now that our country is at peace, tourists are flocking back to our shores in record numbers and the economy is growing,” says Chairman, Nishantha Wickremasinghe. “We believe now is the right time to expand our products and services.”

(LNK) says it will be launching services next year to new international destinations, such as Guangzhou in China, and it will be retrofitting its A330s and A340s to have flat-bed seats. The new business class (C) will be available on all flights to Europe, it adds.

(LNK) is also working to expand its other businesses. Within the next 6 months it will establish a full-flight simulator center at Colombo Bandaranaike International Airport in partnership with Dutch firm (SIM) Industries, it says. This business will serve the airline and 3rd-party customers, it adds.

(LNK) says its maintenance company next year will secure its largest contract ever from a 3rd-party customer. It already does work for India’s GoAir (GOZ) and IndiGo (IGO).

In the fiscal year ending March 31, (LNK) posted a loss of -6.03 billion Sri Lankan rupees/-$54 million, compared with a loss of -9.99 billion rupees in the previous fiscal year. Revenue fell -15% to 63.36 billion rupees, but expenses also fell -18% 69.28 billion rupees. Revenue fell due to removal of the fuel surcharge and reduced operations, it adds.

December 2010: SriLankan Airlines (LNK) is hiring A320, A330 and A340 Captain and First Officer flight crew (FC) positions.

February 2011: SriLankan Airlines (LNK) is hiring A320, A330 and A340 flight crew (FC) Captains and First Officers.

A340-313E (381, 4R-ADG), ex-Cathay Pacific (CAT), ex-(B-HXL), (ILF) leased.

May 2011: SriLankan Airlines (LNK) will launch 2x-weekly, Colombo - Dubai - Moscow service on September 15.

1 A320-214 (4694, 4R-ABM), (ALE) 12 YR LSD.

June 2011: SriLankan Airlines (LNK) will restart service to Zurich with the launch of Colombo - Zurich service on December 23, which it said is "likely" to operate via Male. The route was suspended in 2005.

(LNK) will lease 3 new A320-200s from Air Lease Corporation (ALE), one of which was delivered in May; the remaining 2 airplanes will be delivered in October and November on 12-year leases.

October 2011: SriLankan Airlines (LNK) neared the breakeven mark in
its fiscal year that ended in March. Net loss was just -$2 million on $714 million in revenue. This marked a big improvement from the year prior, reflecting growth in inbound tourism and commerce following the end of a long civil war. (LNK) is now reaching as far as Beijing, Shanghai, Guangzhou, Hong Kong, Tokyo and most recently Moscow, amplifying a strong network to nearby India as well as several points within Europe. It’s now flying domestically again as well. Ultimately, the idea is to create a “regional hub for tourism and aviation” while trying to attract more premium passengers and improve ancillary businesses like maintenance and handling. In fact, it’s now doing maintenance for the Indian Low Cost Carrier (LCC)s IndiGo (IGO) and GoAir (GOZ). In the meantime, Sri Lanka’s government is building the country’s second international airport after Colombo in the southern Hambantota region bordering the Indian Ocean. The bad news is that others are looking to exploit Sri Lanka’s tourist boom (and large migrant worker flows) as well, including Emirates (EAD), Qatar Airways (QTA), Etihad (EHD), Cathay Pacific (CAT), Singapore Airlines (SIA) and AirAsia (ASW), all of which already serve Colombo. According to government data, air traffic at Sri Lanka’s airports grew +24% in 2010 and has more than doubled in the past decade.

January 2012: SriLankan Airlines (LNK) is currently hiring A340 type rated Flight Crew (FC) First Officers. Applicants can view minimum qualifications, pay and additional details on the company web site. Resumes can be emailed to pilot.recruitment@srilankan.aero. Also see FltOps.com and FAPA.aero.

February 2012: Lufthansa Technik (DLH) (LTK) has a 5-year component supply agreement from SriLankan Airlines (LNK) covering (LNK)’s A320 fleet.

INCDT: SEE ATTACHED "FLIGHT INTERNATIONAL" (2013-01) "A340 PILOTS USED WRONG RUNWAY CHART" - - "LNK-2012-02 INCDT AT LHR."

March 2012: AirFrance Industries (AFI)/(KLM) Engineering & Maintenance (E&M) won a contract from new customer SriLankan Airlines (LNK) covering A340 and A330 component support.

A330-243 (456, G-OJMC), ex-Thomas Cook Airlines (JMA).

June 2012: SriLankan Airlines (LNK) has been elected as a Oneworld (ONW) Alliance member, (ONW) announced just prior to the opening of (IATA)'s 2012 World Air Transport Summit in Beijing. (LNK) is expected to join (ONW) late next year. Cathay Pacific (CAT) is acting as a sponsor supporting its integration into the alliance.

(LNK) Chairman Nishantha Wickremasinghe said (LNK) has “virtually doubled our size since peace returned to our country 3 years ago, and we plan further substantial expansion to our fleet and network in the next few years.”

(LNK) also announced it will code share with Oneworld (ONW) Alliance partners, Royal Jordanian (RJA) and S7 Airlines (SBR).

(SBR) operates a fleet of 21 airplanes and carried 3.5 million passengers last year between its Colombo base and 34 destinations in 22 countries across Asia, Europe and the Middle East.

According to the Oneworld (ONW) Alliance, (LNK) will bring 3 new destinations into the (ONW) alliance’s network, all in southern India: Kochi, Tiruchirapalli, and Thiruvananthapuram, expanding (ONW)'s global coverage to some 850 destinations in >150 countries and generating annual revenues of >$100 billion.

American Airlines (AAL) (CEO) and Oneworld (ONW) Alliance Chairman, Tom Horton said that Malaysia Airlines (MAS) “is on the right track to join the (ONW) alliance later this year.”

Comment by Nix Xaviaero to Air Transport World (ATW) article on this: "The long haul fleet of (LNK) is old and the interior facilities do not match with any of the major Oneworld (ONW) Alliance member carriers. Communication of cabin staff in English is poor. (LNK) very badly needs to modernize its long haul fleet and follow through its often publicized desire for the acquisition of 777s. Per my experience, the only (LNK) A340 that has flat beds is the recent purchase from the aging Cathay (CAT) fleet."

October 2012: SriLankan Airlines (LNK) will operate international flights out of the new Hambantota International Airport when it opens, with services to the Gulf and Middle East regions as a strong possibility.

(LNK) is studying which services it could move from the Sri Lankan capital Colombo's Bandaranaike International Airport, even though it has to ensure that this will meet both domestic demand and offer connections to transit passengers, says Lal Perera, (LNK)'s Head of Worldwide Sales.

Hambantota, which will be able to handle 10 million passengers annually, is meant to be a hub for the country's southeast region. It will be Sri Lanka's second international airport after Bandaranaike International. It is scheduled to begin operations by early next year. "We have to look very closely at what we can do. Hambantota can serve the domestic market, but it also has potential for transit passengers if we can offer the right connections. Some of these could be services to the Gulf and Middle East for both Sri Lankan and Indian passengers," says Perera.

Domestic services between the two airports are still not on the cards as (LNK) is not convinced that there is sufficient demand, said Perera. However, that could change depending on the passenger traffic at Hambantota, he added.

"There is a plan to develop more airports in Sri Lanka, but a lot of that will depend on the demand at Hambantota. If there is a lot of traffic, it will show that there is latent demand and then we can think of starting domestic services from there and Colombo to other points in the country," said Perera.

November 2012: SriLankan Airlines (LNK) launched 2x-daily, Colombo - Trivandrum service on November 22.

January 2013: SriLankan Airlines (LNK) will construct and operate an $80 million airplane repair and overhauling complex at the Mattala International airport, according to "Lanka Business Online," expected to open in 2013.

February 2013: A total of four routes were launched very recently at Colombo, the capital of Sri Lanka. Mihin Lanka (MIH), the country’s own low-cost carrier (LCC), continued its expansion in India, while Turkish Airlines (THY) connected Colombo to its Istanbul Atatürk hub via Malé. Only 1 airport serves Sri Lanka’s scheduled international traffic at the moment, supported by a network of 13 domestic facilities.

Examination of historical data shows that Sri Lankan air traffic growth shows fairly high volatility. A small slump in traffic in 2001 was quickly recovered and the industry grew at an average rate of +11.8% over the next 6 years (despite the 2004 Tsunami). Only a combination of the global economic situation and internal security problems then resulted in traffic loss of respectively -5.7% and -7.3% (RPK)s in 2008 and 2009.

In 2010, passenger numbers climbed by an astonishing +24%, as a result of increased interest from both businesses and individuals following the end of Sri Lanka’s decades-long internal conflict. The landmark achievement of surpassing 5 million passengers for the 1st time in history failed to last, however, and in 2011, traffic contracted by -7% (RPK).

Capacity data for February 2013 reveals that (LNK), the country’s flag carrier, remains the largest carrier operating at Colombo Airport. In fact, it increased its market share (as measured in weekly seats) by +3.5% points compared to the corresponding period a year before, and now offers 52.2% of all seats. Moreover, Sri Lankan’s Mihin Lanka (MIH), expanded dynamically over the past year (+120% annual increase in February 2013), and now commands 10% of Colombo Airport’s capacity. New routes from Mihin Lanka since February 2012 include services to Bahrain (previously operated by Sri Lankan (LNK) for 4 decades), as well as flights to 3 points in India – Delhi, Varanasi and Gaya.

The 3rd-largest carrier operating to Sri Lanka is Emirates (EAD), which currently offers 2x-daily services from Colombo to its Dubai hub, as well as daily frequencies each to Malé in the Maldives and Singapore. Admittedly, (EAD) marginally reduced its capacity to Sri Lanka following fleet adjustments, but it was the rapid growth of Mihin Lanka (MIH) that made Emirates (EAD) lose its #2 position.

SEE ATTACHED - - "LNK-2013-02 - TOP SRI LANKA AIRLINES."

March 2013: SriLankan Airlines (LNK) began operations at the new Sri Lankan international gateway, Hambantota (HRI) on March 21 with 2x-weekly services to Jeddah (JED). On the following day, (LNK) also inaugurated stopping services to Beijing (PEK), which operate via Bangkok (BKK). Both routes are offered with 2x-weekly frequencies and originate in the country’s capital.

(LNK) prepares for the Oneworld (ONW) Alliance; eyes new fleet. (LNK) expects to be a (ONW) full member ‘early next year.’

(LNK) plans to add a stop at Sri Lanka's new Mattala Rajapaksa International Airport on 4 existing services after the airport begins operations later this month. (LNK) will operate 2x-weekly, Colombo - Mattala - Riyadh and Colombo - Mattala - Bangkok - Beijing services, and a 4x-weekly Colombo - Mattala - Male service, said its spokesman.

Its Colombo - Bangkok - Shanghai Pudong service, meanwhile, will include a Mattala stop on its return, and will be operated 1x-weekly. Changes to the 4 services commenced from March 21.

Mattala Rajapaksa International Airport is located in southeast Sri Lanka, and opened for full operations on 18 March.

It will have an initial capacity of 1 million passengers a year. The 2nd stage of its development will begin in 2013, raising its capacity to 6 million by 2018.

A Maintenance Repair & Overhaul (MRO) facility at the airport is scheduled to open in the 1st quarter of 2013. The $206 million project is funded by China's Ex-Im Bank.

The airport will also have a 1,000 m²/10,800 ft² cargo facility, capable of handling 45,000 t annually.

June 2013: At the Paris Air Show SriLankan Airlines (LNK) signed a Memo of Understanding (MOU) to order 4 A350-900s and 6 A330-300s all with Trent engines.

August 2013: SriLankan Airlines (LNK) has confirmed that it will be partnering with Lufthansa Technik (DLH) (LTK) to start a Maintenance Repair & Overhaul (MRO) facility at an airport in Mattala.

In a presentation, its (CEO), Kapila Chandrasena shared that the joint venture (JV)'s set-up will be "according to (DHL) (LTK) base maintenance business model," and that operations should start by July 2014.

He added that the facility will have 4 bays to accommodate narrow body airplanes such as the 737 and A320s, and have the capability to handle base and heavy maintenance checks, including modifications and painting.

An investment of $14 million will be put in for machinery and equipment, and the facility is expected to generate around $100 million in revenue annually, creating +400 jobs, said Chandrasena. These will come from 110 maintenance checks per year, totalling an estimated 436,000 sold man hours.

The Mattala Rajapaksa International Airport is Sri Lanka's 2nd international airport, and it started operations in March.

(LNK) also owns an (MRO) facility at Colombo International Airport that does line and base maintenance, and component support and repairs.

Srilankan Airlines (LNK) is currently hiring Captains and First Officers (FC) for all jet airplane types.

October 2013: International Lease Finance Corporation (ILFC) has signed a 12-year lease agreement with SriLankan Airlines (LNK) for 3 A350-900s. The A350s will support (LNK)’s long-haul fleet renewal.

SriLankan (LNK) (CEO), Kapila Chandrasena said, “This would be the 1st time the A350 family airplanes will enter our fleet, and it marks a significant step toward the growth of the airline.”

(LNK) signed a memorandum of understanding (MOU) for 6 Airbus A330-300s and 4 A350-900s at the Paris Air Show in June. It is working to prepare for its Oneworld (ONW) Alliance membership early next year.

The A350-900s are powered by Rolls-Royce (RRC) (Trent XWB-84) and are part of an operating lease agreement, which has an anticipated delivery timeline between July and September 2016. (ILFC) has 2 A330-200s and 1 A340-300 on lease with SriLankan (LNK).

December 2013: SriLankan Airlines (LNK) has signed a multi-year agreement with (IFP) to provide route-specific in-flight entertainment content services for the airline’s international flight destinations including the Far East, India, the Middle East, Europe, and Russia.

February 2014: Oman Air (OMR) has begun code sharing with SriLankan Airlines (LNK), linking service between the countries and to on ward destinations in Europe and Asia. Under the agreement, Oman Air (OMR) passengers will be able to book seats on SriLankan (LNK)'s flights linking the Omani capital Muscat with Singapore, Male, and China via Colombo. (LNK) passengers will gain access to (OMR)'s flight linking Colombo to Zurich via Muscat.

Oman Air (OMR) resumed flights to the Sri Lankan capital Colombo in November 2009 after a 5-year break

March 2014: SriLankan Airlines (LNK) will become a full member of the Oneworld (ONW) Alliance on May 1, becoming the first carrier from the Indian subcontinent to become part of any global airline alliance.

(LNK) received clearance to join the Oneworld (ONW) Alliance after completing a thorough review of its readiness conducted by Cathay Pacific Airways (CAT), which is sponsoring its entry into the (ONW) alliance.

According to Oneworld (ONW), (TAM) (TPR) Airlines and US Airways (AMW)/(USA) (now merged with American Airlines (AAL)) are on track to join the alliance on March 31.

April 2014: SriLankan Airlines (LNK) has formally joined the Oneworld ((ONW) Alliance during a ceremony at Mattala Rajapaksa International Airport (HRI), marking it the first carrier from the Indian subcontinent to join an alliance.

The membership will formally take effect at midnight April 30; its 1st (ONW) Alliance flight will depart Colombo for Kuala Lumpur on May 1.

With (LNK) joining the (ONW) Alliance, which was sponsored by Cathay Pacific Airways (CAT), (ONW) will add two new destinations to its network: Hambantota in Sri Lanka (served by (HRI)) and Tiruchirappalli in India. SriLankan (LNK) flies to 32 destinations in 20 countries.

SriLankan (LNK) (CEO) Kapila Chandrasena said the (ONW) Alliance gives (LNK) an opportunity to expand to areas that are not commercially viable to operate with its own airplanes. “Why the Oneworld (ONW) Alliance? We saw it as the best fit. When we studied the alliances we felt that there was a vacuum in the (ONW) Alliance network, especially in southern India, the Maldives and South Asia, where we have a strong network. Plus, the commercial terms of the (ONW) Alliance were much more suitable for us,” he said.

Chandrasena added that (LNK) expects to deliver about $25 - $30 million worth of revenues to the (ONW) alliance and to gain about the same in return.

Cementing its membership, (LNK) has also finalized code shares with +2 more (ONW) Alliance carriers: Finnair (FIN) and (S7) Airlines (SBR), joining its existing partnership with Malaysia Airlines (MAS).

SriLankan (LNK) and (S7) (SBR) agreed to code share last year. Regulatory approval has just been granted and the agreement will become effective May 15. (LNK) will add (S7) (SBR)'s designator to Colombo-originating services to Bangkok and Moscow Domodedovo, while (S7) (SBR) will add SriLankan (LNK)’s code to its services from Moscow Domodedovo to Chelyabinsk, Irkutsk, Novosibirsk, St Petersburg, Volgograd, and Yekaterinburg.

The deal with Finnair (FIN) will take effect from June 2, with (FIN) placing its code on (LNK)’s Bangkok, Frankfurt, Hong Kong, London Heathrow, Paris Charles de Gaulle, and Rome flights. In exchange, SriLankan (LNK)’s code will be added to Finnair (FIN)’s services from Helsinki to Copenhagen, Frankfurt, London Heathrow, Paris Charles de Gaulle, Oslo, Stockholm, and Rome.

The Oneworld (ONW) Alliance said code share discussions between SriLankan (LNK) and its other members are at an advanced stage. The (ONW) alliance now covers >500 million passengers annually, representing about $140 billion in revenues. Its network spans almost 1,000 airports in 150 countries.

“Although we are No 2 in terms of revenue share, the numbers are so close, we are actually only one large member away from the top spot,” Oneworld (ONW) Alliance (CEO), Bruce Ashby said.

OnAir recently made its presence well known in Africa and the Middle East, announcing new in-flight connectivity packages for SriLankan Airlines (LNK), (TAAG) Angola (ANG) and Kuwait Airways (KUW). The Switzerland-based connectivity provider is adding Wi-Fi and (GSM) access through its Mobile OnAir and Internet OnAir services to (LNK)'s fleet of A330-200s beginning in May. (ANG) will begin line fitting its new fleet of 777-300ERs with Mobile OnAir and Internet OnAir in May as well. (KUW) will begin adding both services to its newly ordered fleet of A330s and A320s in December. (KUW) is the 10th Middle East airline to choose OnAir as its connectivity provider.

SriLankan Airlines (LNK) has signed a long-term Maintenance, Repair and Overhaul (MRO) agreement with IndiGo (IGO). The agreement, which is effective April 1, 2014, will see SriLankan Airlines (LNK)'s Engineering Division carry out "C" checks on IndiGo (IGO)'s entire Airbus fleet.

(LNK), which has been providing (MRO) services to IndiGo (IGO) since February 2009 on an annual contract basis, reached the milestone of completing the 100th (IGO) "C" check in January this year, as per a release.

The agreement, which will secure a multi-million-dollar revenue for SriLankan (LNK) over the long duration of the agreement, comes at a time when the Government of Sri Lanka is focusing on promoting the country as an aviation hub, in line with the "Mahinda Chinthana Vision for the Future," and aviation services as a key economic development that demonstrates the market-based viability of constructing (MRO), Training and other infrastructure facilities at the country's second international airport, Mattala Rajapaksa International Airport (MRIA) in Hambantota.

Speaking about the benefits of the (MRO) agreement to Sri Lanka, Kapila Chandrasena, (CEO) SriLankan Airlines (LNK), said, "This agreement stands as confirmation of the level of trust SriLankan Engineering has always maintained among its partners and the efficiency of world-class service offerings it has maintained in its 30-year-long history of operations. In addition, with Sri Lanka (LNK) fast moving ahead in terms of developing itself as a hub for air and sea transport, this agreement will kick-start the (MRO) operations at the Mattala Rajapaksa International Airport. This agreement will not only bring about increased foreign investment and exchange, but also boost both opportunities and need for skilled labor in order to facilitate this agreement with IndiGo (IGO)."

May 2014: SriLankan Airlines (LNK) is planning to shift its Maintenance and Training activities, along with its leisure connecting traffic, to the island nation’s second international gateway at Mattala.

Mattala Rajapaksa International Airport opened in March 2013 as a leisure gateway, serving southeast Sri Lanka. However, Colombo’s Bandaranaike International Airport continues to handle the bulk of the country’s international flights.

SriLankan Airlines (LNK) (CEO) Kapila Chandrasena said he is planning to shift some of Colombo’s connecting leisure traffic to Mattala to improve the passenger experience and reduce congestion at the old airport.

Depending on take-up, Mattala could be further expanded from its current capacity of 1 million passengers. (LNK) operates 15 flights a week between Colombo and Mattala, which typically proceed to other destinations. Mattala is currently served by Sri Lankan Airlines (LNK), its low-cost carrier (LCC)subsidiary Mihin Lanka (MIH), Fly Dubai (FDB) and Air Arabia (ABZ).

Chandrasena also outlined plans to move the airline’s growing Maintenance business to the new airport, regardless of whether Sri Lankan Airlines (LNK) is successful in finding a joint-venture (JV) partner for its Maintenance Repair & Overhaul (MRO) activities.

He added: “We will also establish a Training Academy there. Once the infrastructure is completed, we will transfer our [Training] activities there. We are looking at the middle of next year.”

SriLankan Airlines (LNK)'s discussions with Lufthansa Technik (DLH) (LTK) to jointly set up an (MRO) operation, appear to have met with some road blocks, with (LNK) now saying it will go ahead with its (MRO) plans with or without a partner.

"Lufthansa (DLH) has certain requirements in the European Union (EU), they are a European (MRO). We have certain requirements, we're looking at the regional market, mainly India, SE Asia and possibly some middle eastern points," SriLankan (LNK)'s (CEO) Kapila Chandrasena told reporters on the sidelines of its recent Oneworld (ONW) Alliance joining ceremony.

“So there are certain dynamics we need to understand. They’re studying the case, we’re committed, we’re progressing. If there are no partners, we will progress on our own.”

Chandrasena added that besides Lufthansa Technik (DLH) (LTK), the airline (LNK) has also been in talks with "many (MRO) providers" about a possible joint venture (JV).

The plan is for the new (MRO) facility to be based at the Mattala Rajapaksa International Airport and focus on 3rd party maintenance works. The facility will have 4 bays to accommodate narrow body airplanes such as the Boeing 737 and Airbus A320.

Chandrasena said the hangar's design has been completed and the target is to finish construction by next September. (LNK) also plans to have an aviation campus at the airport, which will provide technical and flight training.

SriLankan (LNK) already has an (MRO) operation at Colombo's Bandaranaike International Airport, which does line and base maintenance and component support and repairs. The plan, however, is to increase the volume of work by securing more 3rd party customers. The facility now spends 70% of its time maintaining SriLankan (LNK)'s fleet, but the target is to eventually have 80% of its workload offloaded to 3rd party clients.

“We have an anchor customer (Indigo (IGO)), and we’re talking to a lot of other (LCC)s and airlines that operate narrow body airplanes,” said Kapila.

Last August, Chandrasena shared in a presentation, that it will be partnering with Lufthansa Technik (DLH) (LTK) to start an (MRO) facility at the Mattala airport. The presentation added that the joint venture (JV)’s set-up will be according to the Lufthansa Technik (DLH) (LTK) base maintenance business model, and that operations should start by July 2014.

July 2014: SriLankan Airlines ((IATA) Code: UL, based at Colombo International) (LNK) will introduce its 1st of 6 A330-300s on order from Airbus Industrie (EDS) into revenue service on November 15. Provisional operations will begin on November 15 with Colombo International to Frankfurt International flights, to be followed by Malé on November 16.

As part of its fleet renewal program, the new A330s will replace the SriLankan national carrier's fleet of 6 A340-300s, while 7 A350-900s will replace its fleet of 7 A330-200s, when they begin arriving from 2017 onwards.

SriLankan Airlines (LNK) chose Accelya’s eSmash to accurately monitor its market share in key global markets. (LNK) will use eSmash across Europe, Middle East, the Far East, and Indian sub-continent.

(LNK) currently operates 22 airplanes, and serves 20 countries, 43 destinations, 58 routes and 89 daily flights.

October 2014: SriLankan Airlines (LNK) has taken delivery of its 1st of 6 A330-300s, becoming a new operator for the variant - - SEE ATTACHED - - "LNK-A330-300 DELIVERY - 2014-10."

November 2014: SriLankan Airlines (LNK)’s 1st fully connected Airbus A330-300 entered commercial service on November 9. It is equipped with both Internet OnAir and Mobile OnAir.

December 2014: News Item A-1: SriLankan Airlines (LNK) has begun serving Kunming (KMG), its 5th destination in China. On December 1st (LNK), the Oneworld (ONW) Alliance member launched 3x-weekly flights (Mondays, Wednesdays and Fridays) on the 3,154 km route from Colombo (CMB) using (LNK)’s A320s. Flights arrive in Kunming at 01:50 and depart the Chinese airport at 02:55. China Eastern Airlines (CEA) already operates the route, also with 3x-weekly flights.

SriLankan Airlines (LNK), (CEO) Kapila Chandrasena said, “SriLankan Airlines (LNK) has always viewed the Far East as one of its priority markets, where a gradual increase in the number of tourists seeking Sri Lanka for holidaying has driven (LNK) to look into more expansion opportunities to cater to the growing demand, as well as to motivate more travellers from both countries to explore the beauty of the two destinations.” Having welcomed the one millionth Chinese tourist to the island in September this year, Sri Lanka sees a clear increase in numbers of Chinese travellers arriving in the country compared to last year. According to Tourist Board statistics, from January to October this year, Sri Lanka has received 106,888 tourists from China, which is a +139% increase compared to the number (44,742) recorded during the same period last year. Elaborating further on (LNK)’s expansion plans, Mr Chandrasena added, “SriLankan (LNK) had operated charter flights to Kunming in the past, and this initiative comes into being after various evaluations and many tourism promotional activities conducted in the region by the Sri Lanka Tourism Promotion Bureau.”

Japan Airlines (JAL) and SriLankan Airlines (LNK) have begun code sharing. Both are Oneworld (ONW) Alliance members.

News Item A-2: SriLankan Airlines (LNK) and Lufthansa Systems (LHS) have signed a 3-year contract to use Lufthansa (DLH)’s Lido/(FMS) database for its Flight Management System (FMS).

News Item A-3: Hong Kong Aviation Capital delivered a new Airbus A330-343 on long-term operating lease to SriLankan Airlines
(LNK) on December 18. Crédit Agricole Corporate and Investment Bank (CA-CIB) and (KfW) (IPEX)-Bank acted as Mandated Lead Arrangers and underwriters of a senior commercial financing facility to Hong Kong Aviation Capital while Investec Bank PLC provided a mezzanine financing facility. (CA-CIB) also acted as Global Coordinator, Facility Agent, and Security Trustee of the overall financing facility.

January 2015: News Item A-1: SriLankan Airlines ((IATA) Code: UL, based at Colombo International) (LNK) says it will terminate services to Hambantota in southeast Sri Lanka with effect from February 9 onwards. (LNK) said its services to Colombo International as well as its use an intermediate stopover on flights to Jeddah, Beijing Capital, and Shanghai Pudong no longer proved commercially viable.

“The immediate schedule changes which will see (LNK) rationalizing its scheduled operations to and via Hambantota's Mattala Rajapaksa.

February 2015: News Item A-1: Mihin Lanka ((IATA) Code: MJ, based at Colombo International) and its sister carrier, SriLankan Airlines ((IATA) Code: UL, based at Colombo International) (LNK), are to be merged into a single entity as part of the new Sri Lankan government's plans to cut down on unnecessary expenditure.

Presenting the country's interim budget, Finance Minister Ravi Karunanayake said consolidating the 2 carriers into 1 company would cut losses while increasing productivity.

(MIH), a state-backed budget carrier operating flights to the Indian Sub-continent, the Middle East, and SE Asia, has racked up -LKR15 billion/-USD113.37 million in losses since 2010, while its full-service counterpart, SriLankan (LNK), has lost -LKR100 billion/-USD755.8 million over the same period, he said.

In their defence, both airlines have blamed their dismal financial performance on "high fuel costs, less than satisfactory yields, due to the recession in Europe, competition from other airlines, significant investments in acquiring additional capacity and enhancement of supporting services including the cabin upgrades."

In an effort to bolster the airlines' coffers and cut the country's debt bill, President Maithripala Sirisena cancelled a USD16 million order for a new VIP jet with the money to be used to buy spare parts for SriLankan (LNK) and Mihin Lanka (MIH)'s airplanes.

News Item A-2: SriLankan Airlines (LNK) has finalized lease agreements with Dutch firm AerCap (DEA) and USA firm, Air Lease Corporation (ALE) for A321neo airplanes. The AirFinance Journal reports each firm will supply (LNK) with 2 A321neo each.

At present, (LNK) operates an all-Airbus Industrie (EDS) fleet of 6 A320-200s, 2 A321-200s, 7 A330-200s, 2 A330-300s, and 6 A340-300s.

April 2015: A board appointed by the Sri Lankan government recommended a criminal investigation into the US$2.3 billion re-fleeting process of SriLankan Airlines (LNK), the state-owned airline under the former administration.

The board found instances of "gross abuse of power" by former SriLankan Airlines (LNK) Chairman Nishantha Wickremasinghe and recommended prosecution. The panel also found evidence that Wickremasinghe, the brother-in-law of former President Mahinda Rajapakse, and (LNK)'s former (CEO) Kapila Chandrasena, falsified documents to lease a luxury sports utility vehicle, according to a statement issued by the Prime Minister's Office Saturday.

Chandrasena said he was in a meeting and was unable to comment immediately, while Wickramasinghe's contact information is not available in public records.

"The Board of Inquiry has found shocking details of corruption running into billions of dollars, manipulations of service contracting, recruitment of unqualified staff, and major security breaches" at (LNK) under the former government, according to the statement.

(LNK) had also "tried to hush up two serious flying mishaps," the government said, and recruited candidates on verbal requests from management, even after the applicants failed entrance tests.

The panel headed by advocate J C Weliamuna recommended the airline take action to recover overpaid amounts from a staff member, who was identified in the report and direct the prosecution of those who authorized the misappropriation of public finances.

July 2015: SriLankan Airlines (LNK) began code sharing with airberlin (BER) and NIKI (NKI). The 3 airlines will fly daily code share services between Germany, Austria, and Sri Lanka via Abu Dhabi. (BER) and (NKI) also offer flights to Colombo under their code share agreement with Etihad Airways (EHD). In total, 3x-daily services are offered on Abu Dhabi - Colombo.

September 2015: Oneworld (ONW) Alliance member, SriLankan Airlines (LNK) announced new (CEO) Suren Ratwatte will take over the position in October.

Ratwatte’s last position had been Human Factors Manager for Emirates Airline. Ratwatte is a former Captain with >18,000 flight hours with 777s and A380s. He has been in the airline industry for >30 years.

November 2015: A330-343E (1669, 4R-ALP), ex-(F-WWCO).

January 2016: SriLankan Airlines (LNK) has retired its Airbus A340-300 fleet after 21 years in service.

The type operated its last flight on the Chennai - Colombo route on January 7.

February 2016: SriLankan Airlines (LNK) added a 3x-weekly service to Guangzhou last month, becoming the 1st airline operating nonstop flights between Colombo and Guangzhou.

(LNK) began a nonstop Colombo - Guangzhou service from January 17, complementing the existing 4x-weekly, Colombo - Bangkok - Guangzhou route.

The new Colombo - Guangzhou route is operated with wide body A330 aircraft. Every Tuesday, Friday and Sunday, flight UL880 is scheduled to arrive in Guangzhou at 1:40 am and depart for Colombo at 3:10 pm.

In January, 2011, SriLankan Airlines (LNK) started its 3x-weekly Guangzhou - Colombo operations via Bangkok and later added a 4th flight in February, 2012. With the commencement of the new nonstop flights in January, (LNK), the OneWorld (ONW) Alliance member will intensify its influence and complete its strategy of deploying nonstop flights to Colombo from all 4 stations in its China market, Beijing, Shanghai, Kunming, and Guangzhou.

March 2016: SriLankan Airlines (LNK) is focused on having its operations break even within the next two years, as it takes delivery of new aircraft and restructures its network.

Speaking at Routes Asia in Manila, an airline official says that while (LNK)’s load factor was >80% in 2015, its yields were low. Last January, it was given a mandate by the country’s new government to stem losses at the airline, part of which involved merging with budget carrier Mihin Lanka.

“We’re facing high competition from Middle Eastern carriers, especially on routes out of Europe. The yield is the problem, it keeps declining,” said the official.

He adds that the carrier wants to focus on serving destinations in China and India, especially to “unique points,” where competition is lower.

The airline last year retired its ageing Airbus A340s, and inducted 7 new A330-300s. Over the next 2 years, it has 6 A320neo family aircraft, as well as 3 A350s, that are scheduled to be delivered. An additional 3 A350s will also be delivered at a later time.

(LNK)’s fleet will however remain stable at around 21 aircraft, with older jets being retired as new ones are delivered.

As to the government's proposed merger with Mihin Lanka (MIH), there are no clear indications as yet that it will proceed, with the units still operating separately at current, said the official. He pointed out, however, that Suren Ratwatt and Siva Ramachandran, play the respective roles of (CEO) and Chief Commercial Officer (CCO) at both carriers.

On the airline’s future, the official says: “Previously we had a lot of intervention from the government, but the new government has given us a free hand to just make the airline profitable so the airline is getting more focused. The strategy is clear now.”

July 2016: The Sri Lankan government has called for expressions of interest in the privatization of Oneworld (ONW) Alliance member, SriLankan Airlines (LNK) and its low-cost carrier (LCC) subsidiary, Mihin Lanka (MIH).

An advert, titled “invitation for expression of interest for the reorientation of (LNK) and (MIH),” has been placed in print publications by National Savings Bank subsidiary (NSB) Fund Management, which is managing the process.

It specified that the purpose of the process is to find a strategic investor for the “reorientation” of the 2 airlines. The exact stake that will be up for sale is unclear, although it has been suggested it could be around 40%.

(NSB) Fund Management said further information (including a summary of the transaction, key investment highlights and requirements) were available on request until July 27.

Would-be investors have to pay a non-refundable fee of $5,000 to access the documentation and they have until 1600 Sri Lankan time on August 24 to submit their expression of interest.

The Sri Lankan government has appointed (BNP) Paribas and (KPMG) as its financial advisors for the transaction.

Earlier this year, the government said it was considering an equity buy-in from another airline and possible aircraft order cancellations to stem ongoing losses at the national carrier. This was followed by some network cuts.

SriLankan Airlines (LNK) has been facing increased competition, especially from Gulf carriers, but it has signed new, “promising” code share agreements with Etihad Airways (EHD) and Qatar Airways (QTA). In the future, (LNK) plans to connect to Frankfurt and Paris via Abu Dhabi and Doha.

Emirates (EAD) acquired a 40% stake in (LNK) for $70 million in 1998 and increased its shareholding to 43.6%, with the government holding a 51% majority. But the partners hit troubles in 2008, triggering the government buy-back in 2010.

August 2016: News Item A-1: Sri Lanka has extended the deadline for expressions of interest in Oneworld (ONW) Alliance member, SriLankan Airlines (LNK) and its low-cost subsidiary (LCC), Mihin Lanka (MIH), until August 31.

The Sri Lankan government is looking to find a strategic investor for the “reorientation” of the 2 airlines. The exact stake up for sale is unclear, although it has been suggested it could be around 40%.

National Savings Bank subsidiary, (NSB) Fund Management, which is managing the process, formally announced the privatization July 6 and originally set a deadline of August 24.

However, in a recent follow-up notice, (NSB) said: “The collection of expressions of interest (EOI) is now extended until 1600 hours Sri Lankan time, on August 31, 2016.”

Would-be investors have to pay a non-refundable fee of $5,000 to access the documentation. They then have until 1600 on August 31 to submit their proposals.

SriLankan Airlines (LNK) has been facing increased competition, especially from Gulf carriers, and earlier this year, the government said it was considering an equity buy-in from another airline and possible aircraft order cancellations to stem ongoing losses. This was followed by some network cuts.

Emirates (EAD) acquired a 40% stake in (LNK) for $70 million in 1998 and increased its shareholding to 43.6%, with the government holding a 51% majority. But the partners hit troubles in 2008, triggering a government buy-back in 2010.

News Item A-2: A330-343E (1604, 4R-ALN) wet-leased to Pakistan International (PIA).

October 2016: Srilankan Airlines (LNK) agreed to lease 6 A320neo Family aircraft from Air Lease Corporation (ALE) (4) and AerCap (DEA) (2) starting in (1Q) 2017.

February 2017: A320-251neo (7489, 4R-ANA), ex-(D-AVVQ), (BOC) Aviation (SIL) leased.

July 2017: Netherlands-based lessor AerCap (DEA) delivered its 1st Airbus A321neo on lease to SriLankan Airlines (LNK).

October 2017: Lufthansa Technik (DLH) (LTK) extended component support deal with SriLankan Airlines (LNK) for its Airbus A320s.

Fleet:
(definitions)

Click below for photos:
LNK-A330-200
LNK-A330-200 - 2012-06
LNK-A330-300 DELIVERY - 2014-10
LNK-A330-343 - 2014-10
LNK-A340-311
LNK-A340-312

November 2017:

1 767-3S1ER (CF6-80C2B6F) (384-25221, /91 CS-TQI), (LUZ) WET-LSD 2010-08. ALL WHITE COLORS. 24C, 220Y.

4 ORDERS (2017-02) A320-200neo, (ALE) LSD.

2 ORDERS (2017-02) A320-200neo (DEA) LSD.

1 +4 ORDERS A320-214, (4694, 4R-ABM, 2011-05), (ALE) 12 YR LSD.

0 A320-231 (V2500-A1) (164, /91 4R-ABF), FRID LSG LSD 2004-06. RTND. 12C, 132Y.

1 A320-231 (V2500-A1) (169, /91 4R-ABE), (BOU) LSD 2004-03. WET-LST (MIH) IN MIHIN LANKA COLORS. 12C, 132Y.

0 A320-231 (V2500-A1) (304, /92 4R-ABC), (OXA) LSD 2002-07. RTND. 12C, 132Y.

0 A320-231 (V2500-A1) (315, /92 4R-ABD), EX-(AMW), (OXA) 6 YR LSD 2003-04. RTND. 12C, 132Y.

0 A320-231 (V2500-A1) (374; 406, /93 4R-ABB), (BOU) LSD 1993-04. 374 W/O 2001-08. 406 RTND. 12C, 132Y.

2 A320-232 (V2527-A5) (2908, 4R-ABG; 2914, /06 4R-ABH), EX-(DCC), EX-(VT-ADT). (AWW) LSD 2009-03. 180Y.

1 A321neo AERCAP (DEA) LEASED 2017-07.

6 A330-243 (TRENT 772B-60) (303, /99 4R-ALA; 306, /99 4R-ALB; 311, /99 4R-ALC; 313, /99 4R-ALD; 404, 4R-ALG, 2010-07; 456, G-0JMC, 2012-03) (336, /00 4R-ALE; & 341, /00 4R-ALF) DESTROYED 2001-07 BY REBELS), ALL 4 LSD. 3 SOLD & LSD BACK FROM AIRCASTLE (CSL). 12C, 275Y.

3 +3 ORDERS A330-343 (TRENT) (1564, 4R-ALL, 2014-10, 1604, 4R-ALN; 1669, 4R-ALP, 2015-11), 1604 WET-LSD TO (PIA) 2016-08.

0 A340-311 (CFM56-5C2) (32, /94 4R-ADA; 33, /94 4R-ADB; 34, /95 4R-ADC), 034 W/O 2001-07. ALL RETIRED BY 2016-01. 18C, 296Y.

0 A340-312 (CFM56-5C3) (036, 4R-ADD), EX-(SAB), (AIFS) 7 YR LSD 1999-07, DESTROYED 2001-07. 18C, 296Y.

0 A340-312 (CFM56-5C4) (367, /00 4R-ADE; 374, /00 4R-ADF), LSD 2003-10. RTND. 18C, 295Y.

1 A340-313E (CFM56-5C4) (381, /00 4R-ADG), EX-(CAT), EX-(B-HXL), (ILF) LSD 2011-02. 8F, 30C, 205Y.

3 ORDERS (2016-08) A350-900 (TRENT XWB-84), (ILF) LSD:

0 L-1011-50 (RB211-22B02) (1062, /74 4R-ULE "CITY OF RATNAPURA"), GROUNDED, FOR SALE. 12F, 28C, 234Y.

0 L-1011-100 (RB211-22B02) (1053, /73), ST (AIJ) 2000-02.

0 L-1011-200, ST (AIJ) 2000-02.

0 L-1011-500, ST (AIJ) 2000-02.

2 CESSNA CARAVAN AMPHIBIAN.

2 DHC-3 VIKING TURBO OTTER (PT6A-34) (214, /57 4R-ARA, 2004-11; 393, /60 4R-ARB, 2004-12), FOR (LNK) AIR TAXI OPS. AMPHIBIAN. 10Y.

2 AN-12BP (4342101, LZ-SFL; 6344308, LZ-SFS), AIR SOFIA WET-LSD 2006-01.

0 AN-12F (00347107, 4R-AIA), 18-TONNE PAYLOAD, AIR SOFIA WET-LSD 2001-02. RTND.

Management:
(definitions)

Click below for photos:
LNK-CEO-EX-(EAD) UNTIL JANUARY 2008.

SUREN RATWATTE, CHIEF EXECUTIVE OFFICER (CEO) (2015-10).
Suren’s last position had been Human Factors Manager for Emirates Airline (EAD). He is a former Captain with >18,000 flight hours with 777s and A380s. He has been in the airline industry for >30 years.

S CHANDRASEKARA, CHIEF FINANCIAL OFFICER (CFO).

SIVA RAMACHANDRAN, CHIEF COMMERCIAL OFFICER (CCO).

DRUVI PERERA, HEAD OF FLIGHT OPERATIONS.

MILDRED PERIES, COMPANY SECRETARY.

CAPTAIN RICHARD HUTTON, CHIEF TECHNICAL OFFICER (CTO) (1999-02).
He joined the airline as its Chief Technical Officer in 1999 and is in charge of the Engineering & Maintenance and Flight Operations Divisions. A pilot (FC) by profession, Captain Hutton has served in several international airlines in the capacity of a pilot and also as a technical consultant. He possesses >40 years experience in the field of Aircraft Engineering and Operations.

CHANDANA DE SILVA, HEAD CORPORATE COMMUNICATIONS (1998-04).
Mr Chandana De Silva initially joined the company's sales team in 1984 and moved to the Emirates Airline (EAD)'s country office in Sri Lanka as the Sales Manager. He re-joined SriLankan Airlines (LNK) in 1998 in the capacity of Senior Manager, Sri Lanka and Maldives, and was responsible for the Marketing & Sales functions of Sri Lanka and the Maldives. Mr De Silva was appointed Head of Corporate Communications in 2002 and is currently responsible for Corporate Advertising, Promotions, Media Relations, and Public Relations of the airline. He has over 20 years of experience in the air transportation business.

NALIN RODRIGO, HEAD CARGO.

BARRY BROWN, HEAD COMMERCIAL.

LAL PERERA, HEAD WORLDWIDE SALES.

MRS PRADEEPA DAHANAYAKE, HEAD HUMAN RESOURCES (HR) (2007-04).
Mrs Dahanayake joined the company as Head of (HR) in April 2007. She has over 10 years experience in (HR) Management. Prior to taking up the appointment at SriLankan, she worked for the Ceylon Tobacco Company as (HR) Manager. She is currently responsible for all (HR) management and development activities, including Medical Services for (LNK).

CAPTAIN PRASANNA KARUNATILLAKE, CHIEF PILOT (TRAINING & STANDARDS).

M H SUBASINGHE, SENIOR MANAGER ENGINEERING & MAINTENANCE.

 
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