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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » sri lankan to stop flights to Maththala

sri lankan to stop flights to Maththala

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1sri lankan to stop flights to Maththala Empty sri lankan to stop flights to Maththala Sat Jan 17, 2015 2:24 pm

Teller

Teller
Moderator
Moderator
Sri lankan airlines has decided to stop flying to maththala airport from 9th february an official says. This will save more than 18 million us dollars for annually. Mean while Uae owns fly dubai ahnounced to stop their totally operations to maththala. Sharjah based air arabia also give up their promotions to maththala.

Senior Citizen

Senior Citizen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Suggest that the airport be at least used for the regional formula races.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I visited Bodh Gaya by Mihin lanka in last September. Flight took off from Katunayake & landed first at Mattala. I was surprising why flight was flying south direction instead of north where Bodh Gaya located in India. I thought it flew towards south to pick up some pilgrims from Mattala. Surprisingly no passenger got aboard. I enquired from one of flight staff about passengers. He said no passengers from Mattala. Then I asked the reason for landing at Mattala. He sarcastically laughed. Look at the waste of fuel, extra 3 hours flying time, staff time to aboard early...This is one of the examples I have experienced with Mihin Lanka. Who bear this loss...none other than innocent people.

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
China wanted a airport next to their port. So government had no choice but to agree to it. Airport would be a very strategic military asset and it does not have any commercial value.

Sunnyside


Senior Equity Analytic
Senior Equity Analytic
Its a good move, just to share some background, believe me only if you want to.. My dad works for the airline/airport industry, been in it for a long time within Sri Lanka. This is what he said. In 2002 Japan did a feasibility study in sri lanka to construct/extend the airport with Japanese funds, they were the first to survey mattala among-st many other locations within Sri Lanka (not the MR regime), the report stated that give the air traffic and tourism arrivals, taking into account rapid growth, still sri lanka would only need a new airport in 2040, and extending the existing airport would be able to handle the capacity till late 2030's. Further, mattala though just looked upon was ruled out at early stages due to environmental issues and feasibility. (bird strikes is one of the major problems in the airline industry and a big cost to airlines, there are instances engines have to be replaced, given the closeness to forest this was seen as a high risk and is still a risk in mattala, even globally this is a problem, but setting up and airport near a migratory bird route area is of tremendous risk as it would take a while for animals to reroute themselves). when MR was to set up the airport Japanese refused to provide funds hence it was undertaken under Chinese funds, Japan is funding for the extension of the BIA currently (which is essential), hence mattala would be even less useful than it currently is). Irrespective the airport was set up, when it was opened the airport didnt have a proper water system hence water has be be brought in bowsers (hard water cannot be filled in the flight, first class passengers would probably not be able to take showers as the soap wouldnt go off lol) the water filtration plant is in the process of being built. Airport didn't have a fuel supply system other than for bowsers. massive unnecessary expense. Also every time a sri lankan airline lands in mattala it's loss is $12000 - $17000. People who liked the previous regime may disapprove this information. take it as you like.

But you all are smart investors. SO if MRIA was a listed firm would you have invested ST or LT (5years)??? im assuming the answer is no. I could say the same for many other projects, hambanthota port, port city, even nelum pokuna (beautiful it is, could barely see anything from the balcony  when i went to watch pusswedilla, lacks quality, people were standing and watching)—Apply this same concept to the country. I like to think SL looks like softlogic lol

SORRY FOR MY LONG RANT Very Happy HEHE

Teller

Teller
Moderator
Moderator
Well said sunnyside, it looks you are a so matured person


_________________




Teller said is said..

bandulawee


Manager - Equity Analytics
Manager - Equity Analytics
Mattala was a colossal waste of money. May be it was a dream of MR like Mihin Air, another white elephant. However it should not be allowed to detieorate like what happened to Gam Udawa sites including Kataragama after Premadasa. The airport could be scaled down as a domestic airport and used to promote tourism. Government should organise better transport at reasonable price from Mattala onwards to Hambantota, Kataragama, Tissa and Yala.

One other thing the Government should consider is immediately stop the vehicles containers being diverted to the Hambantota port which would save a lot of inconvenience and expenditure for those who are importing vehicles.

ice4083


Senior Equity Analytic
Senior Equity Analytic
there would have been a plan to clear up the jungle around MIRA which had very valuable trees. Biggest deforestation in SL happened during MR time, people are very lucky to see him go.

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