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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Air Arabia cancels flights to Mattala from May

Air Arabia cancels flights to Mattala from May

+13
sanju351
manula
KDDND
wiki
worthiness
seek
Sasanka De Silva
Monster
UKboy
sriranga
Jake Sully
anu
Redbulls
17 posters

Go to page : 1, 2  Next

Go down  Message [Page 2 of 2]

sanju351


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Jake Sully wrote:Will the foreign airlines agree to fly to Mattala even after closing for 8 hours?
You cant force the foreign governments like you force the locals.

This will never happen - They will withdraw from Sri Lanka - Lots of issues involved
Crew layover - Re fueling - Passenger Loads

This idiotic policy makers think the whole world will dance to their music - King Mahinda Rajapaksha is still the king of Sri Lanka only - Not to the entire world..

British Airways is already suffering with low passengers and low revenue they may pull out from Sri Lanka if they are forced to Operate to MATTALA

Internationally when a country commission a international airport they first do the development of infrastructure and yet they offer loads of consesions to Airlines to operate to such airports

at MATTALA they offer 50% Handling charges rebate only .

In Sri Lanka Air craft handling charges is of the highest for a small ABA320 Aircraft the handling cahrges would be around 03 laks ( The handling is done by Sri Lankan Airlines and it is a monopoly government is not allowing any others to do the handling ) Landing and parking charges would be around 01 lak and fuel also they will have to take in at a high price .

When you consider all these factors plus other charges and the Licencee fees and Airport Tax ..To Operate to Sri Lanka these Airlines pay a heavy price - In india and other regional airports these charges are 30 % Less ..

The national Career Sri lankan Airlines - making heafty losses and at least they are showing these level of revenue in come through handling of these foreign Airlines they are making Huge profits Trillions a week but due to heavy losses in their operations these income is evaporated

All the Governments are failing the mother lanka -They make themselves and their families Rich Rich Richer ..Robbing the country ,,,Blue - Green - Red all the governments we had after 1977 failed this country ..

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
Normally all the airport run ways/taxi ways closed for some time.. for the routine inspections. That they are doing in non peak time, according to the arrivals/departures. so closing for 8 hours will be like a joke.. Now they want to force the Aircrafts to Matthala...

Slstock


Director - Equity Analytics
Director - Equity Analytics
So let say a flight from Australia lands at Mattala during the night What facilities do tourist have and how convient is for visiting locals to say go to Trinco from there.

If they do foolish things without a plan we may dig our own grave. Time to put country and priority over personal issues.

@manula wrote:Normally all the airport run ways/taxi ways closed for some time.. for the routine inspections. That they are doing in non peak time, according to the arrivals/departures. so closing for 8 hours will be like a joke.. Now they want to force the Aircrafts to Matthala...

anu


Manager - Equity Analytics
Manager - Equity Analytics
It is akin to getting rid of emirates and tagging SL Air with Mihin and together booking more than Rs 20Bn p.a losses.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
All of us know ( except Fools and Apple Polishers around president) Mattala airport is a blunder from the beginning

Therefore this will not effect stock market

This govt is doing go0d
things also

One of them is DIVINEGUMA PROGRAM
another one is Highways project
These were initiated by previous GOVTS



Last edited by D.G.Dayaratne on Sat May 11, 2013 1:40 pm; edited 1 time in total (Reason for editing : to add more)

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@sanju351 wrote:
@Jake Sully wrote:Will the foreign airlines agree to fly to Mattala even after closing for 8 hours?
You cant force the foreign governments like you force the locals.

This will never happen - They will withdraw from Sri Lanka - Lots of issues involved
Crew layover - Re fueling - Passenger Loads

This idiotic policy makers think the whole world will dance to their music - King Mahinda Rajapaksha is still the king of Sri Lanka only - Not to the entire world..

British Airways is already suffering with low passengers and low revenue they may pull out from Sri Lanka if they are forced to Operate to MATTALA

Internationally when a country commission a international airport they first do the development of infrastructure and yet they offer loads of consesions to Airlines to operate to such airports

at MATTALA they offer 50% Handling charges rebate only .

In Sri Lanka Air craft handling charges is of the highest for a small ABA320 Aircraft the handling cahrges would be around 03 laks ( The handling is done by Sri Lankan Airlines and it is a monopoly government is not allowing any others to do the handling ) Landing and parking charges would be around 01 lak and fuel also they will have to take in at a high price .

When you consider all these factors plus other charges and the Licencee fees and Airport Tax ..To Operate to Sri Lanka these Airlines pay a heavy price - In india and other regional airports these charges are 30 % Less ..

The national Career Sri lankan Airlines - making heafty losses and at least they are showing these level of revenue in come through handling of these foreign Airlines they are making Huge profits Trillions a week but due to heavy losses in their operations these income is evaporated

All the Governments are failing the mother lanka -They make themselves and their families Rich Rich Richer ..Robbing the country ,,,Blue - Green - Red all the governments we had after 1977 failed this country ..

After a long long time I can see a good analysis from you.
Thanks mate.

glwking

glwking
Manager - Equity Analytics
Manager - Equity Analytics
We needed a second airport, no doubt. But the selected location was the controversy. Unfortunately president wants to do every thing to his district. President MR is not only to president of Hambantota district but to entire nation.

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
We can't blame President only

What is the meaning of appointment of advisers and other various officers?

Main job of Most of the people in the President is APPLE POLISHING

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
What's the use of maintaining large number of advisers, if they don't provide proper advice to the president. Most of these advisers are just puppets and the public money is just wasted on them.

@D.G.Dayaratne wrote:We can't blame President only

What is the meaning of appointment of advisers and other various officers?

Main job of Most of the people in the President is APPLE POLISHING

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
@Monster wrote:What's the use of maintaining large number of advisers, if they don't provide proper advice to the president. Most of these advisers are just puppets and the public money is just wasted on them.

@D.G.Dayaratne wrote:We can't blame President only

What is the meaning of appointment of advisers and other various officers?

Main job of Most of the people in the President is APPLE POLISHING

First fault is the people those who voted.
We reap what we sow.

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@D.G.Dayaratne wrote:We can't blame President only

What is the meaning of appointment of advisers and other various officers?

Main job of Most of the people in the President is APPLE POLISHING

No i dont agree with you with the present system he is the sole whole authority and without his yes cabinet does not do anything ..His friends and his family members friends and relatives appointed for almost all the positions .if anyone wink against his ones he/she will have to go home like what happens to BOC big boss..

He who gets all people appointed for his advisory positions not like Europe there us no set system here no policy neither it is the executive presidency which destroying the country with this all powers even if i become the HE i will do the same .
It is very very very dangerous to give all the powers to one person does not matter whether its CBK RANIL MAHINDA OR NAMAL ..This bloody system will have to be changed

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@glwking wrote:We needed a second airport, no doubt. But the selected location was the controversy. Unfortunately president wants to do every thing to his district. President MR is not only to president of Hambantota district but to entire nation.

Yes for any such big projects spending billions of revenue generated by loans for which we all are paying a huge prize we need to trible think ..the place ..the time ..the contractors ..the after effects ..and soo on ..

New galle high way also creating a hawok in environment ..
Do we need a country a desert place like saudi arabia with loads of high ways ?
Or do we need a country with fewer highways with lots of green and farmers enjoying ..?

Sasanka De Silva

Sasanka De Silva
Manager - Equity Analytics
Manager - Equity Analytics
When the country's extrenal debt is almost 80% of the the GDP, can we afford such white elephant projects more, just for the sake of creating legacy. Embarassed

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Air - Arabia taken wise decision ....... good wisely and timely decision for it shareholders...... before a disasters cheers cheers cheers

We are not so lucky always... to have best brains in our leaders side for the AIRPORT issue......

Major decisions like AIRPORT could have been taken considering overall situation.... considering whole countries peoples benefits.....
MATTALA is so biased... so poor.... purely political blunders..... * kind of destroying the country..... kind of ragging the most of the people country.... pleasing around 20% population.......

But for the case of Maagampura harbor.... I believe.. it could be a good one if they manage well.... work well.

[*I oppose to go MATTALA.. if someone make things for us to go MATTALA by their force.... rather than giving at least some reasonable promotions for us to go with happiness... ]

This is not to make anybody angry but my feeling n understanding... - purly my position Cool

I WILL BE SO HAPPY IF MATTALA CAN MAKE THE COUNTRY TO WIN....!! alien

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@D.G.Dayaratne wrote:We can't blame President only

What is the meaning of appointment of advisers and other various officers?

Main job of Most of the people in the President is APPLE POLISHING

I think your are wrong Mr.. Full responsibly on HE shoulder

Because if they are not telling the right ...why keep and if they are telling the right why not listening

.............after all who to blame





Last edited by wiki on Sun May 12, 2013 7:53 am; edited 1 time in total (Reason for editing : change of wording)

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
@glwking wrote:We needed a second airport, no doubt. But the selected location was the controversy. Unfortunately president wants to do every thing to his district. President MR is not only to president of Hambantota district but to entire nation.

So far we not need a second airport as a prime requirement, In BIA still we have the capacity to cater more with this facilities. As for a emergency Air strip they could develop Koggala or Rathmalna air field.

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hi All!

When a project goes WRONG...!!! LOST...!!! DISASTER...!!! If we want to say.....that... "We can't blame the PRESIDENT......" Rolling Eyes

CAN'T It Be LIKE....

When a project goes WELL...!!! WON...!!! PROFITABLE...!!! we should prepared to say....that... "We can't praise the PRESIDENT......" bounce

[But SOME citizens/political kinithullo of this country do the above Job 1 & Opposite of Jobs 2" FOOLISH job ] affraid

BUT the TRUTH or REALITY of the FACTS/PERSONS behind the FAILS or SUCCESS hardly come to surface...!!! Cool

No MATTER which person/citizen is president or a leader.... he/she should be prepared to give the real credit or debit to the actual man behind the case...!!! at least up to reasonable extend....!!! cheers

[This comment is not made as a action against the any member of this forum but my feeling... I know in reality nothing is PERFECT.... and I am prepared to accept reasonable solutions Very Happy ]



Last edited by KDDND on Sun May 12, 2013 12:22 am; edited 1 time in total (Reason for editing : mis wording - english corrections!)

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Remember the old American saying that " Finally the buck stops at me ".

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka to call tenders for duty free emporium in Mattala: minister

May 10, 2013 (LBO) - Sri Lanka will tender a concession to operate a duty free shopping complex in the newly opened Mattala airport, aviation minister Priyankara Jayaratne said, in a move that could draw more passengers to the destination.
"I have instructed officials to call for tenders to set up the duty free shops as soon as possible," minister Jayaratne said.

"I agree that lack of duty free shops is a problem for some passengers."

Passengers from Middle East, who are mostly expat workers returning after months or years are reluctant to come via Mattala Rajapaksa airport because they cannot use their duty free allowance which can be up to 500 dollars, travel industry officials say.

At Katunayake international airport, duty free shops sell anything from a refrigerator to pressure cookers to cigarettes and alcohol.

UAE based Air Arabia, the first foreign airline to operate to the new airport has now suspended flights the airport.

But a government official said it is likely to resume flights by September. Fly Dubai, a UAE based carrier is also expected to fly to Mattala. State-run SriLankan and Mihin fly to Mattala now.

Jayaratne said a six member committee headed by civil aviation ministry’s secretary Ravindra Ruberu has been appointed to oversee and provide recommendations for setting up duty free facilities in Mattala.

This committee is to give their recommendations within a month to minister Jayaratne. A single firm is likely to be given the concession.

The airport has attracted criticism but infrastructure analysts have said it has potential as a freight hub.

Passengers from Sri Lanka's East and South can also potentially save time and money by flying out of Mattala, if there were sufficient connections.

Hiring charges of a taxi or passenger van from the East to Sri Lanka's capital Colombo can cost up to 150 US dollars.
http://www.lankabusinessonline.com/news/Sri_Lanka_to_call_tenders_for_duty_free_emporium_in_Mattala:_minister/884100528

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The biggest problem is policy makers do not believe market fources
No one can create Air Ports. Harbors and markets articificially

We know What happen to some Economic Centers created by Hon Bandula
Gunawardhane'

Mahinda Chinthanaya can support market forces BUT not possible to create market forces artificially

Anyway now we should try to utilize the investment

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
හිලව් වෙන්න ගත්ත ණයට නිකම්ම දෙමු චිනන්ට Shocked
@D.G.Dayaratne wrote:Anyway now we should try to utilize the investment

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