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Type: Posts; User: lordvader

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  1. Replies
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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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    Sticky: Interesting read about how how Air Lanka was...

    Interesting read about how how Air Lanka was originally privatised (especially the speech by RW - wonder if this could come back to haunt him). Looks like its deja vu for TPG:
    ...
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    Sticky: Um I'm not defending MR at all. Had he not...

    Um I'm not defending MR at all. Had he not annulled the EK deal and installed his mates in management, UL will not be in this position. If you read my comment properly I'm more so actually...
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    Sticky: Exactly. You can only blame MR for so long. Its...

    Exactly. You can only blame MR for so long. Its now been 2 years and UL is probably in a worse state than during MR's time.

    Best to deregulate the aviation industry (call for RFPs to compete with...
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    Sticky: Thanks for the pics! Looks like they've gone for...

    Thanks for the pics! Looks like they've gone for RAVE IFE again rather than the Thales systems on the A330s.
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    Sticky: Thanks for the pics! Looking forward to some...

    Thanks for the pics! Looking forward to some cabin pics as well
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    Sticky: Looks like its in CMB

    Looks like its in CMB
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    Sticky: Pretty sure the money for the terminal is from a...

    Pretty sure the money for the terminal is from a Japanese concessional loan. So they're accountable to JICA regarding how they spend the money. But yes the date will keep slipping in typical Sri...
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    Sticky: Thanks Ejanson! Didn't wan't to quote your whole...

    Thanks Ejanson! Didn't wan't to quote your whole post but thanks for confirming what we all thought. It really doesnt look good for UL.








    IMHO if TPG wants to fire 3500 people they...
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    Sticky: Source? Media reports before said TPG were the...

    Source? Media reports before said TPG were the frontrunners.
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    Sticky: The annual report for FY15/16 seems to be issued:...

    The annual report for FY15/16 seems to be issued:
    http://www.srilankan.com/a/coporate/annual-reports

    Don't really have time to read through it though
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    Sticky: Haha thanks for the laugh! They might as well...

    Haha thanks for the laugh! They might as well call his bluff and offer to sell Mattala Airport and an AOC to him for the money he is offering!

    Also looks like TPG is the frontrunner for UL...
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