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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Expolanka to steam ahead with luxury passenger train service

Expolanka to steam ahead with luxury passenger train service

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milanka

milanka
Vice President - Equity Analytics
Vice President - Equity Analytics


Upcoming debutant to the Colombo Stock Exchange (CSE), the Expolanka Holdings is to launch a scheduled luxury passenger rail service.

The move follows Expolanka Holdings recently signing a five year agreement with the Sri Lanka Railways under the Ministry of Transport to deploy a value added premium service.
Initially the service branded “Expo Rail” will deploy two upgraded carriages, each having the capacity of carrying 42 passengers, fitted with premium airline type comfortable seats, air conditioning and wireless connectivity as well as catering.

More :- http://www.ft.lk/2011/05/27/rs-200-b-loss-to-economy-through-inefficient-transport/

http://forum.srilankaequity.com/u188

2Expolanka to steam ahead with luxury passenger train service Empty Expo Lanka "Expo Railway" Fri May 27, 2011 10:45 pm

Panduka1988


Senior Equity Analytic
Senior Equity Analytic

milanka wrote:
Upcoming debutant to the Colombo Stock Exchange (CSE), the Expolanka Holdings is to launch a scheduled luxury passenger rail service.

The move follows Expolanka Holdings recently signing a five year agreement with the Sri Lanka Railways under the Ministry of Transport to deploy a value added premium service.
Initially the service branded “Expo Rail” will deploy two upgraded carriages, each having the capacity of carrying 42 passengers, fitted with premium airline type comfortable seats, air conditioning and wireless connectivity as well as catering.

More :- http://www.ft.lk/2011/05/27/rs-200-b-loss-to-economy-through-inefficient-transport/

Milanka.. Is it really effect it's upcoming price???

milanka

milanka
Vice President - Equity Analytics
Vice President - Equity Analytics

Contribution to the EPS is negligible as its only two upgraded carriages, each having the capacity of carrying 42 passengers.

http://forum.srilankaequity.com/u188

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