PROBABLY MANAGEMTN OVER PAID THAN THE MOST PROFITABEL AIR LINE IN IN ASIA#SINGAPORE AIR LINES
Mind boggling lapses.Unprofessional management #sri lankan
unprofessional testing methods of captains on alcohol consumption
Having tested unprofessionally declaring captain drunk.
Ignoring in total history of flawless flying,conduct of the captain.WHO BOAST BETTER ACADEMIC,MANAGEMENT AND FLYING QUALIFICATIONS THAN THE BOARD MEMBERS
Air line losing heavily yet Board overpaid
.Questions have been raised as to why SriLankan Airlines is scared to reveal information sought under the Right to Information Act, by the Airline Pilots’ Guild of Sri Lanka.
By letter dated June 29, 2017 the Airline Pilots’ Guild requested the Information Officer of SriLankan Airlines to provide information pertaining to the alleged misuse of public funds and the multitude of irregular practices and the losses incurred by the airline since the new management took office in early 2015. The request had been turned down by the Information Officer by letter dated July 19, 2017 claiming that the institution does not give consent to disclose any of the requested information.
Information Officer Shihara Sellamuttu had refused to provide information on grounds that such information was exempted from being granted under Section 5 of the Right to Information Act.
Subsequently the Pilots’ Guild had made an appeal on August 2 against the Information Officer to Lalith Vithana, the Designated Officer SriLankan Airlines. Upholding the Information Officer’s stance, by letter dated August 23, to the Airline Pilots’ Guild, the Designated Officer too declined to provide the information requested.
Sources from the Pilots’ Guild, on condition of anonymity, said that Section 5(1) cannot be invoked by SriLankan Airlines to refuse disclosure of the requested information as the public interest is disclosing such information that outweighs any purported harm that would result from such a disclosure in terms of Section 5(4) of the Act.
“Under the Right to Information (RTI) Act No. 12 of 2016, the Commission has vested absolute powers with the organizations to provide requested information and does not interfere with the proceedings. Having known the regulations of the RTI Act, the Information Officer, who is also the Group Legal Affairs Manager, had requested RTI Commission to advice on the matter to which the Information Officer had been advised to take their own decisions which the Commission will not interfere unless there is an appeal to them (Commission) by the requested party,” sources added.
According to the sources, the Pilots’ Guild had requested the Information Officer to reveal the remuneration of the Chief Executive Officer – Cap. Suren Ratwatte, Chief Commercial Officer and the Head of Human Resources – Pradeep Kekulawela as it was learnt that they are obtaining higher salaries than that of their predecessors. “Even the Weliamuna Report had clearly noted how irregular it was for the then CEO Kapila Chandrasena to obtained a salary of Rs. 1.5 million a month.
(later Weliamuna himself declared the commission is waste of public fund no measurable benefits have been realised to the natio- like all other commissions just a pubic show)
Unconfirmed reports reaching us state that Ratwatte is drawing three times more than what Chandrasena was paid. Even the Chief Commercial Officer’s salary too is more than what Chandrasena got. Pradeep Kekulawela who is now working hand-in-glove with the new administrators too have got promotions and even thumping increments although Weliamuna reports has identified how corrupt Kekulawala is. Despite of taking action against him, more promotions and salary hikes are given to him by the present management in order to get all the ‘dirty’ work for them,” sources added.
The sources further added the reason to refuse furnish details of the salary particulars of the CEO, CCO and the HHR claiming such information is exempted by Section 5(1) (a) and Section 5(1) (g), which is untrue.
The sources said that they had no other options but to make an appeal with the RTI Commission and to take the airline before the Commission. “We made an appeal to the RTI Commission on September 15 and is waiting to go before the Commission together with the Airline Officials for an inquiry,” sources added.
According to the sources, although many requests were made to the Board after they took over office in February 2015 to allow the airline’s own accounts department to handle the salaries of the senior management that had been outsourced during Emirates administration to conceal their salary details from rest of the staff, no action had been taken and followed the same footsteps of their predecessors.
“The Board of Inquiry (BoI) headed by J. C. Weliamuna, U. H. Palihakkara, B. A. W. Abeywardane and M. K. Bandara had found out that the former Chief Executive Officer (CEO) Kapila Chandrasena’s remuneration was over Rs. 1.5 million in addition to other allowances and was also remunerated as the CEO Mihin Lanka till he left that position. There were no transparency and that was why we wanted the new management to allow the airlines’ own accounts department to handle the salaries of all its employees irrespective of their positions. This could have saved millions of rupees from the cash strapped airline. The reason why our own accounts department was not given to handle the senior management’s salaries was to hide it from the others. That is why the Information Officer does not want to reveal these details,” sources claimed.
Although the Weliamuna report had observed how the HHR was engaged in irregularities and that there are trends contributing to mal-governance and abuse of power, it is disheartening to note as to why the HHR is still allowed to continue in the same position with more responsibilities rather than removing him from the post temporary till an inquiry is held.
“For the first time in the SriLankan Airlines history, a Grade 11 officer was sent to Singapore as the Country Manager. The HHR should take responsibilities to all these. Although allegations on sexual harassments have to be taken up seriously, the HHR says that there should be evidence beyond reasonable doubts to find an employee guilty of sexual harassment. Most of these complaints are against officers holding managerial positions and because of the connection the HHR is having with them, no action had been taken against any of them. When the BoI investigated into the staff strength, it was revealed during the Emirates time, it was 5,000 but it had increased to 6,578 by the end of first quarter 2014. The staff cost had exceeded the budget over the years. The explanation given by the HHR was that it was due to some requirements of the industry and the SriLankan Airlines is the lowest employees cost per aircraft in the region. However the BoI was of the view that this position does not seem to be accurate having regard to overall standards in the region,” sources said.
The HHR is further accused for selecting his choice of staff members to fill the vacancies although the vacancies are advertised internally. “Well before receiving applications, the HHR selects his choice of employees to fill the vacancies which is against the regulations. Recently interviews were called for the post of Country Manager Thailand to which many applied and faced interviews. But it is now learnt, an individual who did not face the interviews had been selected to the post. A military officer who had no knowledge in HR was recruited during the former administration and due to a disciplinary issue, where he had tried to assault an officer, was transferred to another section. During the present administration this officer had been promoted as Head of Service Division.
“It was the same with Dimuthu Tennakoon against whom there are allegations but recently he was promoted Head of World Sales under whom the entire commercial division comes. Tennakoon who was the Regional Manager – Asia Pacific is accused of disregarding the appointment procedure under the General Sales Agents (GSA) manual completely in regard to the Appointment of GAS in the territories of Australia, Malaysia, Japan, Pakistan, Singapore and Thailand,” sources alleged.
According to the sources, the HHR is also accused of paying Senior Cabin Crew Member Nithya Samaranayake during the time she worked for Namal Rajapaksa for Tharunyata Hetak.
“Whilst serving for Tharunyata Hetak for which the Presidential Secretariat settled the salaries, the HHR did not take any action for paying her the monthly remuneration and allowances from June 2010 to January 2015 until she was released back to SriLankan work. Considering her as a full time employees, a total sum of Rs. 4.133 million, which includes the salary, tea allowance, productivity allowance, grooming allowance, attendance incentive and duty free commission, had been paid violating management Service Circular No. 33. In addition she was promoted to Grade C4 as the Cabin Service Supervisor on March 27, 2014 whilst she was working for Tharunyata Hetak. When HHR was questioned over this by the Weliamuna Committee, he had confirmed that the promotion and the payments made were not in order,” sources claimed.
Meanwhile the Pilots’ Guild’s sources said that even their request to obtain all information related to the cost borne by the airline for giving personal flying training for the A320 jet conversion for CEO Suren Ratwatte too was among the unanswered questions. “The Information Officer was able to give few answers to our request on Pakistan International Airlines correspondence with SriLankan Airlines and information related to the cancellation of the Airbus 350 order, but failed to provide details of the expenses borne by the company for giving personal flying training to the CEO.
“The CEO got personal flying training in the comfort of his office and he even demanded to have his own choice of simulators for his flying training. What would happen if trainee pilots too request instructors of their own choices? Trainees are not allowed to choose instructors of their choice and Ratwatte’s demand was a bad example for the trainees,” sources claimed.
Meanwhile, responding to the query as to why the SriLankan Airlines is scared to reveal information under the RTI Act, Manager Media Development stated that the disclosure of information sought by the Pilots’ Guild has been declined by the Company as the Company believes that majority of the information requested by them falls within the exemptions for disclosure provided in the RTI Act and that they are vague and uncertain.
“However, the Company has provided the information which can be disclosed as the Company believes already. The RTI Act provides for the Information Officer to seek guidance from the RTI Commission at any time and the advice of the Commission was sought invoking this statutory provision,” Manager Media Development said.
C-r to leader publication
Lali Asia-aviation enthusiast
At a time Airlines like Airasia ,Singapore airlines,and almost all airlines in China making thumping profits. Srilankan is bleeding yet board is heavily paid - FOR WHAT? IS IT FOR COMING TO WORK!
NOT
Average total compensation includes tips, bonus, and overtime pay. An Airline Captain with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $126,000 based on 26 salaries
--------------------------------------
According to the Bureau of Labor Statistics, the median annual wage for airline pilots and copilots is $117,290. The bottom 10 percent earned under $60,770, while the top 10 percent earned more than $187,200.Jan 23, 2015
------------How much does a Southwest pilot make a year?
--------
WHY DID SRI LANKAN, GROUND - DELAYED BY A DAY OR SO THE FLIGHT FORM FRANKFORT WHEN........
Airline captains are responsible for safely flying the aircraft to its destination. In a commercial airliner, captains fly with a co-pilot who can fly the plane should something happen to the captain. At #Sri Lankan no captain no flight.
The initial tasks performed by the captain before taking off include receiving weather information, conducting preflight checks on the navigation systems, and communicating with tower controllers to ensure no collisions occur. Once in the air, the captain and co-pilot rotate flying responsibilities to avoid either becoming too tired; additionally, modern aircraft include a cruise control or auto-pilot that helps keep the plane on course automatically. During flight, the captain also communicates the status of the flight to passengers, as well as checks location, flight path, and weather patterns periodically to confirm accuracy of the computer's flight plan.
A typical day for an airline captain may involve several flights a day, but commercial airline pilots are not allowed to work more than 12 hours. In a week, a captain may fly three to four days. An airline captain's job may become high pressure in emergency situations, requiring the ability to make a split-second decision under pressure that could affect the outcome of many lives.
There are two main routes to becoming a pilot. The first is military, and many pilots are former military personnel with previous flight experience and substantial technical training. The other route is civilian; a civilian must have a bachelor's degree and be certified by the Federal Aviation Administration (FAA). To become certified by the FAA, an individual must be at least 18 years old, pass numerous exams, have 20/20 vision, and have at least 250 hours of flight time logged. Beyond the certification, most commercial airlines require at least 1,500 hours of flight time in many types of weather conditions and be at least 23 years old. (Copyright 2017 PayScale.com)
There are two main routes to becoming a pilot. The first is military, and many pilots are former military personnel with previous flight experience and substantial technical training. The other route is civilian; a civilian must have a bachelor's degree and be certified by the Federal Aviation Administration (FAA). To become certified by the FAA, an individual must be at least 18 years old, pass numerous exams, have 20/20 vision, and have at least 250 hours of flight time logged. Beyond the certification, most commercial airlines require at least 1,500 hours of flight time in many types of weather conditions and be at least 23 years old. (Copyright 2017 PayScale.com)
Captain Upendra used his own funds by working to be a captain.He came from the ground hence know the onios of airline industry-with is top of the grade MBA supporting his intellectual ability.
Did the first officer who reported visually drunk episode performed his duty. Is it the standard method of airlines. visually druk hence captain is drunk. Could be due to food, could it be due to allowed medications interacting with food Was the test performed to international aviation standards?Has #Sri Lankan air line published to captain the standards of such procedure?How di the world wide publicity of the episode came about instantly. Were they or someone was expecting hence the media was lined up__ or….
wast the laboratory accredited to aviation standards worldwide or only to srilanka?
financials of sri lak air line
as you may seen it a tiny puny fraction of singapore air lines above all bleeding heavily fed,fattned with tax payers money-
FIRST QUARTER ending march 2017-OPERATING PROFIT RISES TO
$281 MILLION
go for more
https://www.singaporeair.com/saar5/pdf/Investor-Relations/Financial-Results/SGXNET/sgxann-q1fy1718.pdf
Revenue improvement seen for all SIA Group airlines, but pressure on yields
remains
Earnings supported by one-off items
Costs rose mainly on expanded operations
Integration of low-cost subsidiaries under Scoot brand completed; airline
portfolio well positioned for growth
Group network to grow, including new service by Scoot to Honolulu, Hawaii
await for a very interesting subject for the wirter being aan invesotr of air line industry- favoirt counter is singapore air lines. It is like Gold. it is the gold standrads of air line indutry measurement.
----------------------------------------------------------
HILAROUS #SRILANKAN AIR LINES MANAGEMENT
PROBABLY MANAGEMENT OVER PAID -relatiely-THAN THE MOST PROFITABLE AIR LINE IN IN ASIA#SINGAPORE AIR LINES
Mind boggling lapses.Unprofessional management #sri lankan
unprofessional testing methods of captains on alcohol consumption
Having tested unprofessionally declaring captain drunk.
Ignoring in total history of flawless flying,conduct of the captain.WHO BOAST BETTER ACADEMIC,MANAGEMENT AND FLYING QUALIFICATIONS THAN THE BOARD MEMBERS
Air line losing heavily yet Board overpaid
.Questions have been raised as to why SriLankan Airlines is scared to reveal information sought under the Right to Information Act, by the Airline Pilots’ Guild of Sri Lanka.
By letter dated June 29, 2017 the Airline Pilots’ Guild requested the Information Officer of SriLankan Airlines to provide information pertaining to the alleged misuse of public funds and the multitude of irregular practices and the losses incurred by the airline since the new management took office in early 2015. The request had been turned down by the Information Officer by letter dated July 19, 2017 claiming that the institution does not give consent to disclose any of the requested information.
Information Officer Shihara Sellamuttu had refused to provide information on grounds that such information was exempted from being granted under Section 5 of the Right to Information Act.
Subsequently the Pilots’ Guild had made an appeal on August 2 against the Information Officer to Lalith Vithana, the Designated Officer SriLankan Airlines. Upholding the Information Officer’s stance, by letter dated August 23, to the Airline Pilots’ Guild, the Designated Officer too declined to provide the information requested.
Sources from the Pilots’ Guild, on condition of anonymity, said that Section 5(1) cannot be invoked by SriLankan Airlines to refuse disclosure of the requested information as the public interest is disclosing such information that outweighs any purported harm that would result from such a disclosure in terms of Section 5(4) of the Act.
“Under the Right to Information (RTI) Act No. 12 of 2016, the Commission has vested absolute powers with the organizations to provide requested information and does not interfere with the proceedings. Having known the regulations of the RTI Act, the Information Officer, who is also the Group Legal Affairs Manager, had requested RTI Commission to advice on the matter to which the Information Officer had been advised to take their own decisions which the Commission will not interfere unless there is an appeal to them (Commission) by the requested party,” sources added.
According to the sources, the Pilots’ Guild had requested the Information Officer to reveal the remuneration of the Chief Executive Officer – Cap. Suren Ratwatte, Chief Commercial Officer and the Head of Human Resources – Pradeep Kekulawela as it was learnt that they are obtaining higher salaries than that of their predecessors. “Even the Weliamuna Report had clearly noted how irregular it was for the then CEO Kapila Chandrasena to obtained a salary of Rs. 1.5 million a month.
(later Weliamuna himself declared the commission is waste of public fund no measurable benefits have been realised to the natio- like all other commissions just a pubic show)
Unconfirmed reports reaching us state that Ratwatte is drawing three times more than what Chandrasena was paid. Even the Chief Commercial Officer’s salary too is more than what Chandrasena got. Pradeep Kekulawela who is now working hand-in-glove with the new administrators too have got promotions and even thumping increments although Weliamuna reports has identified how corrupt Kekulawala is. Despite of taking action against him, more promotions and salary hikes are given to him by the present management in order to get all the ‘dirty’ work for them,” sources added.
The sources further added the reason to refuse furnish details of the salary particulars of the CEO, CCO and the HHR claiming such information is exempted by Section 5(1) (a) and Section 5(1) (g), which is untrue.
The sources said that they had no other options but to make an appeal with the RTI Commission and to take the airline before the Commission. “We made an appeal to the RTI Commission on September 15 and is waiting to go before the Commission together with the Airline Officials for an inquiry,” sources added.
According to the sources, although many requests were made to the Board after they took over office in February 2015 to allow the airline’s own accounts department to handle the salaries of the senior management that had been outsourced during Emirates administration to conceal their salary details from rest of the staff, no action had been taken and followed the same footsteps of their predecessors.
“The Board of Inquiry (BoI) headed by J. C. Weliamuna, U. H. Palihakkara, B. A. W. Abeywardane and M. K. Bandara had found out that the former Chief Executive Officer (CEO) Kapila Chandrasena’s remuneration was over Rs. 1.5 million in addition to other allowances and was also remunerated as the CEO Mihin Lanka till he left that position. There were no transparency and that was why we wanted the new management to allow the airlines’ own accounts department to handle the salaries of all its employees irrespective of their positions. This could have saved millions of rupees from the cash strapped airline. The reason why our own accounts department was not given to handle the senior management’s salaries was to hide it from the others. That is why the Information Officer does not want to reveal these details,” sources claimed.
Although the Weliamuna report had observed how the HHR was engaged in irregularities and that there are trends contributing to mal-governance and abuse of power, it is disheartening to note as to why the HHR is still allowed to continue in the same position with more responsibilities rather than removing him from the post temporary till an inquiry is held.
“For the first time in the SriLankan Airlines history, a Grade 11 officer was sent to Singapore as the Country Manager. The HHR should take responsibilities to all these. Although allegations on sexual harassments have to be taken up seriously, the HHR says that there should be evidence beyond reasonable doubts to find an employee guilty of sexual harassment. Most of these complaints are against officers holding managerial positions and because of the connection the HHR is having with them, no action had been taken against any of them. When the BoI investigated into the staff strength, it was revealed during the Emirates time, it was 5,000 but it had increased to 6,578 by the end of first quarter 2014. The staff cost had exceeded the budget over the years. The explanation given by the HHR was that it was due to some requirements of the industry and the SriLankan Airlines is the lowest employees cost per aircraft in the region. However the BoI was of the view that this position does not seem to be accurate having regard to overall standards in the region,” sources said.
The HHR is further accused for selecting his choice of staff members to fill the vacancies although the vacancies are advertised internally. “Well before receiving applications, the HHR selects his choice of employees to fill the vacancies which is against the regulations. Recently interviews were called for the post of Country Manager Thailand to which many applied and faced interviews. But it is now learnt, an individual who did not face the interviews had been selected to the post. A military officer who had no knowledge in HR was recruited during the former administration and due to a disciplinary issue, where he had tried to assault an officer, was transferred to another section. During the present administration this officer had been promoted as Head of Service Division.
“It was the same with Dimuthu Tennakoon against whom there are allegations but recently he was promoted Head of World Sales under whom the entire commercial division comes. Tennakoon who was the Regional Manager – Asia Pacific is accused of disregarding the appointment procedure under the General Sales Agents (GSA) manual completely in regard to the Appointment of GAS in the territories of Australia, Malaysia, Japan, Pakistan, Singapore and Thailand,” sources alleged.
According to the sources, the HHR is also accused of paying Senior Cabin Crew Member Nithya Samaranayake during the time she worked for Namal Rajapaksa for Tharunyata Hetak.
“Whilst serving for Tharunyata Hetak for which the Presidential Secretariat settled the salaries, the HHR did not take any action for paying her the monthly remuneration and allowances from June 2010 to January 2015 until she was released back to SriLankan work. Considering her as a full time employees, a total sum of Rs. 4.133 million, which includes the salary, tea allowance, productivity allowance, grooming allowance, attendance incentive and duty free commission, had been paid violating management Service Circular No. 33. In addition she was promoted to Grade C4 as the Cabin Service Supervisor on March 27, 2014 whilst she was working for Tharunyata Hetak. When HHR was questioned over this by the Weliamuna Committee, he had confirmed that the promotion and the payments made were not in order,” sources claimed.
Meanwhile the Pilots’ Guild’s sources said that even their request to obtain all information related to the cost borne by the airline for giving personal flying training for the A320 jet conversion for CEO Suren Ratwatte too was among the unanswered questions. “The Information Officer was able to give few answers to our request on Pakistan International Airlines correspondence with SriLankan Airlines and information related to the cancellation of the Airbus 350 order, but failed to provide details of the expenses borne by the company for giving personal flying training to the CEO.
“The CEO got personal flying training in the comfort of his office and he even demanded to have his own choice of simulators for his flying training. What would happen if trainee pilots too request instructors of their own choices? Trainees are not allowed to choose instructors of their choice and Ratwatte’s demand was a bad example for the trainees,” sources claimed.
Meanwhile, responding to the query as to why the SriLankan Airlines is scared to reveal information under the RTI Act, Manager Media Development stated that the disclosure of information sought by the Pilots’ Guild has been declined by the Company as the Company believes that majority of the information requested by them falls within the exemptions for disclosure provided in the RTI Act and that they are vague and uncertain.
“However, the Company has provided the information which can be disclosed as the Company believes already. The RTI Act provides for the Information Officer to seek guidance from the RTI Commission at any time and the advice of the Commission was sought invoking this statutory provision,” Manager Media Development said.
C-r to leader publication
Lali Asia-aviation enthusiast
At a time Airlines like Airasia ,Singapore airlines,and almost all airlines in China making thumping profits. Srilankan is bleeding yet board is heavily paid - FOR WHAT? IS IT FOR COMING TO WORK!
NOT
Average total compensation includes tips, bonus, and overtime pay. An Airline Captain with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $126,000 based on 26 salaries
--------------------------------------
According to the Bureau of Labor Statistics, the median annual wage for airline pilots and copilots is $117,290. The bottom 10 percent earned under $60,770, while the top 10 percent earned more than $187,200.Jan 23, 2015
------------How much does a Southwest pilot make a year?
Per Diem : 2.15
Year
|
Position
|
Per Year
|
12
|
Captain
|
$200,725.20
|
11
|
Captain
|
$198,572.40
|
10
|
Captain
|
$196,391.52
|
9
|
Captain
|
$194,238.72
|
--------
WHY DID SRI LANKAN, GROUND - DELAYED BY A DAY OR SO THE FLIGHT FROM FRANKFURT WHEN........
Airline captains are responsible for safely flying the aircraft to its destination. In a commercial airliner, captains fly with a co-pilot who can fly the plane should something happen to the captain. At #Sri Lankan no captain no flight.
The initial tasks performed by the captain before taking off include receiving weather information, conducting preflight checks on the navigation systems, and communicating with tower controllers to ensure no collisions occur. Once in the air, the captain and co-pilot rotate flying responsibilities to avoid either becoming too tired; additionally, modern aircraft include a cruise control or auto-pilot that helps keep the plane on course automatically. During flight, the captain also communicates the status of the flight to passengers, as well as checks location, flight path, and weather patterns periodically to confirm accuracy of the computer's flight plan.
A typical day for an airline captain may involve several flights a day, but commercial airline pilots are not allowed to work more than 12 hours. In a week, a captain may fly three to four days. An airline captain's job may become high pressure in emergency situations, requiring the ability to make a split-second decision under pressure that could affect the outcome of many lives.
There are two main routes to becoming a pilot. The first is military, and many pilots are former military personnel with previous flight experience and substantial technical training. The other route is civilian; a civilian must have a bachelor's degree and be certified by the Federal Aviation Administration (FAA). To become certified by the FAA, an individual must be at least 18 years old, pass numerous exams, have 20/20 vision, and have at least 250 hours of flight time logged. Beyond the certification, most commercial airlines require at least 1,500 hours of flight time in many types of weather conditions and be at least 23 years old. (Copyright 2017 PayScale.com)
Captain Upendra used his own funds by working to be a captain.He came from the ground hence know the onios of airline industry-with is top of the grade MBA supporting his intellectual ability.
Did the first officer who reported visually drunk episode performed his duty. Is it the standard method of airlines. visually druk hence captain is drunk. Could be due to food, could it be due to allowed medications interacting with food Was the test performed to international aviation standards?Has #Sri Lankan air line published to captain the standards of such procedure?How di the world wide publicity of the episode came about instantly. Were they or someone was expecting hence the media was lined up__ or….
wast the laboratory accredited to aviation standards worldwide or only to srilanka?
financials of sri lak air line
as you may seen it a tiny puny fraction of singapore air lines above all bleeding heavily fed,fattned with tax payers money-
FIRST QUARTER ending march 2017-OPERATING PROFIT RISES TO
$281 MILLION
$281 MILLION
go for more
https://www.singaporeair.com/saar5/pdf/Investor-Relations/Financial-Results/SGXNET/sgxann-q1fy1718.pdf
Revenue improvement seen for all SIA Group airlines, but pressure on yields
remains
Earnings supported by one-off items
Costs rose mainly on expanded operations
Integration of low-cost subsidiaries under Scoot brand completed; airline
portfolio well positioned for growth
Group network to grow, including new service by Scoot to Honolulu, Hawaii
Revenue improvement seen for all SIA Group airlines, but pressure on yields
remains
Earnings supported by one-off items
Costs rose mainly on expanded operations
Integration of low-cost subsidiaries under Scoot brand completed; airline
portfolio well positioned for growth
Group network to grow, including new service by Scoot to Honolulu, Hawaii
Await MORE AS THIS IS STUDY- ONLY for a very interesting subject for the writer being an investor of airline industry- favorite counter is singapore airlines. It is like Gold. it is the gold standards of airline industry measurement.
AS A CHILD IT WAS FASCINATING READING HOW THIS GIANT THING TAKE OF TO THE AIR AND JUMP LONG AS 300O MILS NON STOP OVER OCEANS . HOW?
ARE SRI LANKA THAT BAD? NO THEY ARE NOT THEY ARE PROVEN COMPANIES LIKE HAYLEY, JOHKEEPL AIRTMEKE SPENCEN CARSONS JINASENSA. MARS,LIKE HAVE PROVED THEY ARE AS GOOD AS ANYBODY IN THE WORLD THEN WHY NOT GIVE THEM THE MANAGEMENT.
EVEN UPLAI DURING HIS LIVING ERA. AFTER ALL HIS WAS THE PRIVATE CITIZEN WHO OWNED A FLEET OF AIRCRAFTS TRAVELED INTERNATIONALLY IN HIS OWN AIRCRAFT OWN CREW TRAINED BY UPALI -USA ETC ETC.AT THAT TIME NO SOUTH ASIAN HAD A PRIVATE JET 1980S EARLY.NOT EVEN IN SINGAPORE MALAYSIA,THAILAND INDONESIA.
TRANSCONTINENTAL PRIVATE JET OF# UPALI
SOME CRITIC MAY WHISPER HEY THIS IS TOO SMALL TO COMPARE. HEY NO PRINCIPLE IS THE SAME BIG OR SMALL- ONLY VOLUME OF ADMINISTRATION. JUST BUYING THE RIGHT AIRCRAFT, TAKING THE RIGHT ROUTES, EMPLOYING THE BEST WITH BEST REMUNERATION THE REST IS AUTO-
SIMPLE THINGS WORK NOT THE COMPLICATED WAYS.OFTEN BOOKS WORMS MAKING SIMPLE THINGS COMPLICATED FOR THEIR OWN SURVIVAL , THEN SAYING HEY LOTS OF WORK, LOAD SHUFFLING OF PAPER FROM 8 AM TO 10 PM THEN SEEKING HUGE PAY--
More sri lanka airline is without challenge and responsibility
As BUTS UP MONEY WITH TAMASHA, PARTY AND FAT SALARIES - AFTER ASK -HANDOUTS-MONEY FROM TAXPAYERS, IT IS EASY WHY GO WITH TIE-COAT ,HAVE 1000S OF MEETINGS TO LOSE SO MUCH MONEY -WHAT IS NEED OF OFFICE- THIS IS CHILD'S PLAY.
THEY SHOULD BE TOLD TO A GIVE A CASH FLOW REPORT MONTHLY TO THE PUBLIC.ANY CAPITAL EXPENDITURE CLEARLY- AND WHEN AND WHERE SUCH EXPENDITURE APPROVED! STATED. ETC ETC
DON'T KNOW HOW ASK ? HALEYS JOHN KEELLS LIKE THEY DELIVER QUARTERLY .-PRIVATE SHAREHOLDER FUNDS NOT PUBLIC-YES ALOYSIUS COMPANIES DO NOT GIVE SUCH INFORMATION EG WM MENDIS ARAK MAKER..
Captain Upendra used his own funds by working to be a captain.He came from the ground hence know the onios of airline industry-with is top of the grade MBA supporting his intellectual ability.
Did the first officer who reported visually drunk episode performed his duty. Is it the standard method of airlines. visually druk hence captain is drunk. Could be due to food, could it be due to allowed medications interacting with food Was the test performed to international aviation standards?Has #Sri Lankan air line published to captain the standards of such procedure?How di the world wide publicity of the episode came about instantly. Were they or someone was expecting hence the media was lined up__ or….
wast the laboratory accredited to aviation standards worldwide or only to srilanka?
Singapore Airlines currently operates an all wide-body aircraft fleet of four aircraft families: Airbus A330, Airbus A350, Airbus A380, and Boeing 777, totalling 110 aircraft as of 31 August 2017.It has orders for Boeing 787 and Boeing 777X for a total of 196 aircraft
(later Weliamuna himself declared the commission is waste of public fund no measurable benefits have been realised to the natio- like all other commissions just a pubic show)
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