Connect with us

BIZ

SriLankan enters into partnership with Virgin Australia

Published

on

SriLankan Airlines has entered into a first-ever interline partnership with Virgin Australia that will strengthen the airline’s network in Australia and offer customers extensive connections across the land down under and beyond.

The new partnership reaffirms SriLankan’s commitment to Australia and will present customers the convenience of adding select Virgin Australia domestic or international connections to their SriLankan Airlines booking and managing a multi-airline itinerary under a single ticket.

Dimuthu Tennakoon, Head of Worldwide Sales & Distribution of SriLankan Airlines commented on the partnership by stating, “Australia has one of the largest Sri Lankan diasporic communities, which makes our Australian routes incredibly popular all year around and particularly with people travelling to visit friends and relatives or in pursuit of higher education.  This partnership will help us make further inroads in the Australian market through improved connectivity and a range of other benefits for our valued customers.”

SriLankan Airlines currently operates daily from Colombo to Melbourne and from Colombo to Sydney on a thrice-weekly basis. The partnership will enable passengers flying SriLankan to Melbourne or Sydney to connect to the Australian cities of Adelaide, Brisbane, Canberra, Cairns, Darwin, Hobart, Hamilton Island, Launceston, Gold Coast and Perth with Virgin Australia. Passengers will also have the option of flying beyond Australia to New Zealand, Samoa and Fiji. It is a win for Sri Lankan and Indian Australians living in these cities too as they can now fly out from their local city to Sri Lanka or India with a single SriLankan Airlines’ booking. What’s more, passengers can enjoy a seamless journey with a single check-in, including for baggage, at the departure airport and beat transit check-in queues.

The introduction of domestic and international interline flights options with Virgin Australia would improve the accessibility to Sri Lanka for Australian outbound tourists as well. An important customer group for SriLankan, the partnership will unquestionably help develop Australian leisure travel to Sri Lanka. It will also provide easy connections for SriLankan Airlines’ passengers flying to Australia via Colombo from the Maldives, India, Nepal, Pakistan and Bangladesh.

Since relaunching flights to Melbourne in October 2017 and Sydney in June 2020, close to a million passengers have travelled with SriLankan Airlines to Australia. The new partnership will enhance SriLankan Airlines’ service to Australia as the airline prepares to cruise to new altitudes above the land down under. For more information on SriLankan’s Australian operations visit www.srilankan.com

BIZ

No cases filed against 22 banned pyramid schemes – CBSL

Published

on

By

Although the Central Bank of Sri Lanka (CBSL) has banned 22 institutions operating illegal pyramid schemes, no legal action has been taken against any of them so far, according to reports.

This was disclosed during a workshop held at the CBSL yesterday (July 08) on the dangers of pyramid schemes.

According to CBSL officials, after initial investigations, the files were handed over to the Criminal Investigation Department (CID) for further inquiry.

The CID’s Financial Crimes Unit has reportedly completed its investigations and submitted findings to the Attorney General’s Department, which is responsible for filing cases.

However, it was noted that not a single case has been filed to date.

The CBSL states that investigations will be continued against companies engaged in these illegal practices and hopes at least one or two such cases would be filed by the end of this year or early next year (2026).

Continue Reading

BIZ

Bowser owners warn of fuel distribution crisis

Published

on

By

The Ceylon Petroleum Private Bowser Owners’ Association has alleged that fuel distribution operations have been arbitrarily handed over to another party, which could disrupt fuel transportation across the country.

The association’s Treasurer – Jagath Parakrama warned that the move could jeopardize distribution if not reversed immediately, claiming there is an attempt to create a monopoly over fuel transport.

Parakrama noted that bowser owners, numbering around 400–500 in the association, have long handled the transport of fuel from bulk storage depots island-wide.

He alleged that authorities are now trying to award the fuel transportation route from Colombo and Muthurajawela to Kurunegala to a single businessman via a tender process.

He added, “If we don’t transport the fuel, no one else will be able to do so. However, in the last two or three years, this business was about to be handed over to a few large-scale business people. We, as an association, intervened and managed to stop it for a long time. But now, they are trying to hand over this transportation service to their close associates.”

He stressed that fuel transportation should remain a public service, warning that allowing a monopoly could lead to issues similar to those faced by other transport services.

Continue Reading

BIZ

CSE appoints new CRO

Published

on

By

The Colombo Stock Exchange (CSE) has announced the appointment of Ms. Nilupa Perera as the Chief Regulatory Officer (CRO), effective from today (July 09).

She succeeds Mr. Renuke Wijayawardhane, who retires after an outstanding 31-year career at the CSE.

Ms. Perera, previously served as Senior Vice President – Broker Supervision and Listed Entity Compliance among several other roles at the CSE, and has completed a structured period of understudy in preparation for this role.With over 17 years of experience at the CSE, Ms. Perera brings deep regulatory expertise and a strong understanding of capital market operations. Her appointment ensures continuity and strategic focus in the Exchange’s regulatory function.

Mr. Wijayawardhane will continue to support the transition in a non-executive capacity, ensuring a smooth and seamless handover.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved