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Type: Posts; User: lordvader

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  1. Replies
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    Sticky: It will never become an aviation hub with that...

    It will never become an aviation hub with that attitude. AirAsia will help CMB become more of a hub than it is now.
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    Sticky: UL has had 2 years to produce results under the...

    UL has had 2 years to produce results under the current government with close to no results. Giving AOCs to AirAsia and perhaps QR with majority Lankan ownership may give UL some home competition and...
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    Sticky: http://www.sundaytimes.lk/171112/news/malaysias-ai...

    http://www.sundaytimes.lk/171112/news/malaysias-airasia-wants-to-set-up-budget-carrier-here-268247.html
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    Sticky: The alleged 12 year leases and other contingent...

    The alleged 12 year leases and other contingent liabilities would be exactly why QR would prefer to buy Mihins license rather than invest in UL. That way it gets a fresh start under its own...
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    Sticky: http://www.sundaytimes.lk/171105/columns/local-pol...

    http://www.sundaytimes.lk/171105/columns/local-polls-slfp-going-it-alone-despite-risky-prospects-267370.html

    Based on the comments above, maybe Qatar is looking to purchase Mihin's old AOC licence...
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    Sticky: Most other countries are leasing assets to such...

    Most other countries are leasing assets to such countries. Can't be any worse than paying off a $200m loan without any revenue to offset it. That said your probably right in that our guys will allow...
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    Sticky: Whilst I agree there is no business case, there...

    Whilst I agree there is no business case, there are also strategic considerations in regards to this. I wouldn't be surprised if China offers a counter bid to keep India away from Hambantota. The...
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    Sticky: Hi Mahinda, hope retirement is treating you well....

    Hi Mahinda, hope retirement is treating you well. Lets try get back on topic here..
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    Sticky: LOL he is being sarcastic. Would be hilarious to...

    LOL he is being sarcastic. Would be hilarious to see though.
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    Sticky: I can't see ANA and JAL teaming up together as...

    I can't see ANA and JAL teaming up together as they are fierce competitors. However Harry J is one of the few people in Sri Lanka who could stop the rot at UL and so any bid by him should be...
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    Sticky: The board and CEO should be sacked. The loss...

    The board and CEO should be sacked. The loss widened from LKR9,522.07mn in 15/16 to LKR13,427.03 in 16/17 even before one off items such as the Airbus aircraft were considered. And as for the...
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    Sticky: The third paragraph of the article says it will...

    The third paragraph of the article says it will be funded by a soft loan. So its not free. Benz and Airbus will benefit by making a sale and building a relationship with the government.

    Actually...
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    Sticky: AFAIK most of UL's A333s are HGWs. Here is a...

    AFAIK most of UL's A333s are HGWs.

    Here is a link straight from the lessor: http://www.bohaileasing.com/en/newsinfo.aspx?nid=1211
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    Sticky: Pretty sure the article means to say that the...

    Pretty sure the article means to say that the whole airline including the above divisions will possibly be sold to TPG as a group. TPG is a reputed global business so its definitely not a racket.
    ...
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    Sticky: Not sure, it says here that Hifly leases it from...

    Not sure, it says here that Hifly leases it from Aercap:
    http://www.airfleets.net/ficheapp/plane-a330-1008.htm

    I also remember reading somewhere that UL took on another A330 as part of its...
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    Sticky: It's probably the extra aircraft UL took on from...

    It's probably the extra aircraft UL took on from Aercap to get rid of the 350s
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    Sticky: Haha would be really funny if they weren't so...

    Haha would be really funny if they weren't so incompetent. They screwed up a once in 20 year opportunity to make it a Code F Runway.

    According to their plans in their annual report, rapid exit...
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    Sticky: This could actually be the best option. Put UL...

    This could actually be the best option. Put UL into liquidation and run a transparent tender for two new airline licences. Remove any onerous restrictions on foreign ownership and you should get a...
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    Sticky: Pretty sure this was a rumour spread through the...

    Pretty sure this was a rumour spread through the media. TPG is a fairly well known American company who make acquisitions worldwide. Perpetual are small fish compared to TPG.

    Although they are a...
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    Sticky: http://www.sundaytimes.lk/170326/news/srilankan-fa...

    http://www.sundaytimes.lk/170326/news/srilankan-faces-court-action-in-london-234231.html

    The CEO should be dismissed if he actually unilaterally extended the leases as alleged above.
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