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The Investor Sentiment - Equity and investments forum for Sri Lankans

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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn EmptyFri Jul 19, 2024 10:30 am by faithhharris

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» When Will It Be Safe To Invest In The Stock Market Again?
SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
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» SEYB.N0000 (Seylan Bank PLC)
SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn EmptyThu Mar 30, 2023 9:25 am by yellow knife

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» The Korean Way !
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» In the Meantime Within Our Shores!
SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
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» SRI LANKA TELECOM PLC (SLTL.N0000)
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» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
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SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

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» Re-activating
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» APLA.N0000 (ACL Plastics PLC)
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» Capital Trust Broker in difficulty?
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» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
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» What Industry Would You Choose to Focus?
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» Should I Stick Around, or Should I Follow Others' Lead?
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2 posters

    SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn

    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn Empty SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn

    Post by First Guy Sat Jan 17, 2015 9:42 am

    Jan 16, 2015 (LBO) – Sri Lanka’s national carrier SriLankan airlines has re-deployed its capacity and adjusted its scheduled operations to focus on more commercially sustainable services which translates to an annual bottom line improvement of approximately 18 million US dollars , the airline said in a statement.

    The airline will cut flights to the Mattala airport in Sri Lanka, the statement said.
    “The immediate schedule changes which will see the airline rationalising its scheduled operations to and via MRIA (Mattala) and enhancing capacity to other high demand Middle East destinations, while reducing capacity to underperforming routes such as Moscow,”

    "This translates to an annual bottom line improvement of approximately 18 million US dollars.”
    The airline said that these commercially driven initiatives will help the airline to further improve the financial performance in the near term while continuing to deliver affordable travel options to its customers.

    These directions were given by the new State Minister of Aviation Faizer Mustapha the airline said.

    The airline said in the medium term, the airline is also critically reviewing its entire route network, again with a view to being more commercially and bottom-line focused.

    http://www.lankabusinessonline.com/news/srilankan-airlines-to-reschedule-flights-and-re-deploy-capacity-to-gain-usd-18mn/1128324166
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


    Posts : 9679
    Join date : 2014-02-23
    Age : 66
    Location : රජ්ගම

    SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn Empty Re: SriLankan Airlines to reschedule flights and re-deploy capacity to gain USD 18mn

    Post by කිත්සිරි ද සිල්වා Sat Jan 17, 2015 11:28 am

    Sri Lankan never paid enough attention to their best customers who were from Middle East, Far Asia and Indian subcontinent and treated them like thrash servicewise  and facilities wise.

    Instead want to compete with others by serving low yield poor performing sector passengers like kings.

    I am glad finally they are waking up to realities in business world.

    Colour of the Bottom line  Embarassed  of your financial statement matters the most.


    _________________
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      Current date/time is Sat Jul 27, 2024 2:41 pm