BIZ

2 cabinet decisions on SriLankan airlines

Published

2 years ago

May 9, 2023

editor

Two cabinet decisions have been taken with regard to the national carrier – SriLankan Airlines.

The relevant cabinet decisions are as follows :

Awarding the contract of repairing CFM Leap-1A category aircraft engines of Sri Lankan Airlines
Detailed proposals have been called under limited international competitive bidding system from qualified suppliers for maintenance services for 03 CFM Leap-1A category aircrafts of Sri Lankan Airlines and 03 proposals have been received. Accordingly, the Cabinet of Ministers granted approval to the proposal furnished by the Minister of Ports, Shipping and Aviation for awarding the contract of repairing 03 CFM Leap-1A category aircrafts of Sri Lankan Airlines to Lufthansa Technik AG as per the recommendation of the Standing Procurement Committee appointed by the Cabinet of Ministers.

Awarding the contract of supplying fuel required for air crafts of Sri Lankan Airlines at 16 airports worldwide.
International bids as per limited international bidding system have been invited for supplying fuel required for air crafts of Sri Lankan Airlines at 17 airports. Fifty – two (52) bids have been received from 12 companies for this while 49 bids have accomplished fundamental qualifications. The bid of the only bidder submitted bids for Shanghai Pudong International Airport has been rejected. The Cabinet of Ministers granted approval as per the recommendation of the Cabinet Appointed Standing Procurement Committee, for the proposal submitted by the Minister of Ports, Shipping and Aviation to award the relevant contract to bidders submitted the minimum prices that has been substantially responded for supplying fuel in 16 airports.

BIZ

Qantas to close budget airline Jetstar Asia

Published

1 day ago

June 11, 2025

editor

Singapore-based budget airline Jetstar Asia will close down at the end of July, its Australian owner Qantas has announced.

The low-cost carrier has struggled with rising supplier costs, high airport fees and increased competition from other airlines in the region.

Qantas says the closure will provide it with A$500m ($325.9m; £241.4m) to invest towards renewing its fleet of aircraft, adding that it will redeploy 13 planes for routes across Australia and New Zealand.

The closure of Jetstar Asia will not impact its Australia-based Jetstar Airways operations, nor those of Jetstar Japan, according to a statement from Qantas.

“We have seen some of Jetstar Asia’s supplier costs increase by up to 200 per cent, which has materially changed its cost base,” said Qantas Group Chief Executive Vanessa Hudson in the statement.

The discount airline, which has operated flights for over 20 years, is set to make a A$35m loss this financial year.

(BBC News)

BIZ

Cement wholesale prices surge

Published

3 days ago

June 9, 2025

editor

Cement companies have increased the wholesale price of a 50kg bag of cement by Rs.100, effective from yesterday (June 08).

The retail price remains unchanged.

The price hike is attributed to rising cement production costs, according to the companies.

BIZ

SriLankan sends special relief flight to Sumatra

Published

6 days ago

June 6, 2025

editor

SriLankan Airlines has dispatched a special relief flight – UL 302 from Bandaranaike International Airport (BIA) to Medan International Airport on the Indonesian island of Sumatra to transport 101 passengers and crew members of SriLankan Airlines flight UL 306, which was grounded due to a technical fault.Singapore-bound SriLankan Airlines flight UL 306, which departed from BIA in Katunayake for Singapore last evening (June 05), had made an emergency landing at Medan Kuala Namu International Airport due to a technical issue.

Following an inspection by an Indonesian technical team, it was determined that the necessary repairs would require additional time. Therefore, SriLankan Airlines decided to accommodate the passengers in hotels.

Although a complication had initially arisen when Indonesian authorities initially declined to grant permission for hotel transfers, it was later resolved through the intervention of the Sri Lankan Ambassador to Indonesia.

Meanwhile, a technical team from Sri Lanka had departed for Indonesia on a flight bound for Jakarta this morning (June 06) to further inspect the grounded aircraft.