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Pilots: Cost of aircraft lease agreements much higher than market price



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The cost of aircraft lease agreements, signed by SriLankan Airlines in recent times, was 30-40% higher than the current market price, President of the Airline Pilots’ Guild of Sri Lanka (APGSL) Ranjith Vithanage told the Presidential Commission of Inquiry (PCoI) on irregularities at SriLankan Airlines, SriLankan Catering and Mihin Lanka yesterday.

Vithanage said he had ascertained the information at issue during discussions with senior officers and representatives of the Aviation Consultants, Nyras of UK, restructuring of the airline.

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PCoI warns Chairman/CEO of SriLankan against victimising witnesses

The Presidential Commission of Inquiry (PCoI) on irregularities at SriLankan Airlines, SriLankan Catering and Mihin Lanka has directed the Chairman and the CEO of SriLankan Airlines not to victimise witnesses who have testified before it or are sche...

Monks stage protests countrywide

Monks yesterday held demonstrations and protest marches across the country, demanding the release of Bodu Bala Sena (BBS) General Secretary Ven. Galagodaaththe Gnanasara Thera from prison.


The main protest was held opposite the Fort Rail...

Postal strikers refuse to compromise

Convener of the Postal Trade Union Front Chinthaka Bandara yesterday said that their trade unions would continue until the government granted their demands.


Bandara made the announcement after the PTUF talks with the Presidential Secretariat ...

Pilots’ Guild exposes hare-brained decisions of SriLankan management

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SriLankan Airlines management had stopped flights to a number of destinations without considering the long-term impact and had entered into several short term agreements that would have disastrous impacts in the long run, President of the Pilots’...

SC orders show cause note to be formulated against Ramanayake

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The Supreme Court yesterday advised the Attorney General to formulate a rule to enable respondent, Ranjan Ramanayake (UNP) Deputy Minister to show cause as to why he should not be punished for contempt of court for having made a public statement, causi...

Field Marshal caught in the middle of human-elephant conflict

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The number of elephants, killed a month due to the human-elephant conflict (HEC) in the country, averages five, according to Sustainable Development, Wildlife and Provincial Development Minister Field Marshal Sarath Fonseka.


Addressing the me...

Rupee and share market further down

The value of the Sri Lankan rupee dropped to 161 against the US Dollar yesterday, which is a record low for the currency. It hit Rs 160 to the USD only last Thursday. It has declined 4.2 percent so far in 2018.


The rupee is expected to be tr...

Buddhist Affairs Minister to meet President today to discuss jailing of Gnanasara Thera

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Minister of Buddhist Affairs, Gamini Jayawickrama Perera will meet President Maithripala Sirisena today (19) to discuss the imprisonment of Bodu Bala Sena (BBS) General Secretary Ven. Galagodaaththe Gnanasara Thera.


The Minister will also...

Police now after ex-Mahasen Devale kapuwa’s mistress

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 The Police have deployed two teams to arrest a woman alleged to have been involved in the attempted murder of the chief incumbent of the Kiriwehera Rajamaha Viharaya last week.


The woman, named Deepika, is said to be the mistress of mai...

Herath adjudged Entrepreneur of the Year

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Founder of Sri Lanka’s largest online shop Kapruka.com, Dulith Herath was awarded the Sri Lankan Entrepreneur of the Year 2017 by the Federation of Chamber of Commerce and Industry of Sri Lanka (FCCISL).


Herath, who is known...

 
 
 
 
 
 
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