SriLankan Airlines to sell four new Airbus A350s
SriLankan Airlines will sell four new Airbus A350s, a government minister said, two weeks after cancelling an order for four of the aircraft. The state-owned carrier had already sold one of the four planes for a "reasonably good price" to a leasing company and is in talks with airlines over the other three, Deputy State Enterprise Minister Eran Wickramaratne said. Although SriLankan needs more aircraft to expand, it does not need long-range planes like the A350, he said. The airline, which is struggling with debts of around US$3.25b, ordered eight A350s from Airbus in 2014. SriLankan Airlines was a profitable 10-year joint venture with Emirates until the pair split in 2008. Helped by lower oil prices, it posted a group net loss of LKR16.33b rupees (US$113m) for the financial year to March 31, after a LKR31.37b loss a year earlier.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-05-11/oneworld/srilankan-airlines-to-sell-four-new-airbus-a350s
https://portal.staralliance.com/cms/logo.png
SriLankan Airlines to sell four new Airbus A350s
SriLankan Airlines will sell four new Airbus A350s, a government minister said, two weeks after cancelling an order for four of the aircraft. The state-owned carrier had already sold one of the four planes for a "reasonably good price" to a leasing company and is in talks with airlines over the other three, Deputy State Enterprise Minister Eran Wickramaratne said. Although SriLankan needs more aircraft to expand, it does not need long-range planes like the A350, he said. The airline, which is struggling with debts of around US$3.25b, ordered eight A350s from Airbus in 2014. SriLankan Airlines was a profitable 10-year joint venture with Emirates until the pair split in 2008. Helped by lower oil prices, it posted a group net loss of LKR16.33b rupees (US$113m) for the financial year to March 31, after a LKR31.37b loss a year earlier.<br/>
