Search
+
    SEARCHED FOR:

    SRILANKAN AIR

    SriLankan Air upbeat on India, will soon launch more flights

    SriLankan Airlines aims to increase its revenue from the Indian market to 25% by the end of the next financial year, up from the current 20%. The airline, which is in the process of privatization, plans to enhance its presence in India by increasing weekly flights and adding new destinations, with Ahmedabad planned for the next year. The airline has also rolled out a new distribution portal in India and expects the Sri Lankan government's announcement of visa-free travel for Indians to boost traffic. The carrier is in the process of privatization, with 16 entities reportedly showing interest.

    Indian aviation market has huge potential waiting to be tapped: Top industry experts

    The aviation industry is optimistic about India's potential for growth due to a growing middle class and young population with a greater propensity to travel. The privatisation of airports has also provided a significant boost, with huge investments being made. The industry experts predict that the growth in the aviation sector will fuel tourism, both of which have shown resilience and are recovering from the COVID-19 pandemic. India's aviation market is currently the third-largest and fastest-growing in the world, with enormous potential for further growth.

    India gets more space as Sri Lanka amends aviation law

    Sri Lanka may allow the participation of private companies in ground handling at the airports at the initial stage, said people familiar with the matter.

    Sri Lanka to privatise national carrier as it runs out of money

    The minister said the revenue from the sale of the catering operation can be used to pay off debt amounting to USD 80 million that was obtained by mortgaging its shares, as well as some other loans. The airline's debt currently amounts to USD 1.226 billion (LKR 401 billion), he said. The airline, formed in 1979 as Air Lanka, was rebranded Srilankan Airlines under the management control of Emirates in 1998. In 2007, the government took back control of it from the Emirates.

    Three emergency landings of international airlines in India in last 48 hours

    The Air Arabia aircraft while operating flight G9-426 from Sharjah to Cochin was involved in a Hydraulic failure. The aircraft landed safely on the runway. The aircraft has been towed to the bay. In another incident, on July 16, an aircraft of Ethiopian Airlines from Addis Ababa to Bangkok made an emergency landing at Kolkata airport due to a pressurisation issue.

    Flag carriers of India’s neighbours are dangerously close to crisis — can they be rescued?

    Delays in plane and engine deliveries are giving airline CEOs across the world sleepless nights, as they try to cope with a rapid bounceback in air travel demand after two years of the Covid-19 pandemic.

    The Economic Times
    BACK TO TOP