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SriLankan Airlines’ new plan to be like Emirates

April 16, 2019 by Forimmediaterelease

In a bid to turn the loss making airline into a profitable venture, SriLankan Airlines has come up with a five-year strategic plan. Part of the plan will see them emulating industry leader Emirates, with a new hub and spoke network model.

In a statement SriLankan Airlines said:

“SriLankan Airlines has formulated a new five-year Strategic Business Plan for the period 2019-24 with the objective of transforming itself into a financially viable organization airline group with high brand visibility and a global reputation for excellence,”

They went on to say that the national carrier had an ‘enormous contribution’ to make to the GDP of Sri Lanka, including import, export and tourism.

What is SriLankan Airlines planning?

Their latest five year strategic business plan includes major development of the Colombo hub to make it a key connecting point for a variety of markets. SriLankan are targeting passengers connecting through Africa, Asia and the Middle East, in a bid to grow as big as rival airline Emirates.

As a member of Oneworld, SriLankan are hoping to leverage their membership to develop their network for the future. In contrast to their current point to point model, they plan to work on more of a hub and spoke model to develop new opportunities.

The plan is to be presented to the Government of Sri Lanka for approval shortly.

New routes and fleet

Currently, SriLankan Airlines operate with a fleet of 27 Airbus aircraft. Specifically, these are 13 A320 family aircraft and 14 A330s. As part of the five year plan, the carrier intends to select new fleet inclusions which match the requirement of their developing route network. They have also said they want to reconfigure their existing fleet to offer an enhanced business class service.

Already, the airline has announced a fifth weekly service between Colombo and Tokyo from July onwards, using its Airbus A330-300s. If the plan is formalized by the government, we expect to see many more new route announcements over the coming weeks.

As well as routes and fleet, the plan specifies that it will:

  • Enhance the customer experience by improving customer-centricity throughout the airline
  • Adopt best practices to improve productivity
  • Grow online sales to reach a wider market in a more cost effective manner
  • Improve employee engagement
  • Implement a competitive cost structure through a greater cost consciousness throughout the company

The plan is being headed up by Group Chief Executive Officer Vipula Gunatilleka, who was appointed to the airline in mid-2018. Prior to joining SriLankan, Gunatilleka was a board member and CFO of TAAG Angola. There, he worked closely with Emirates while they were managing TAAG, so no doubt knows his hub and spoke business very well already.

A loss-making airline

The airline is undergoing a major shakeup with a view to turning a profit. Over the last nine months, the carrier’s net loss more than doubled to a total loss of $135m. It is hoped that the five year strategic plan being tabled today will transform the airline by 2024.

 

Travel News | eTurboNews

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Airbus received 58 orders for jets in March

April 4, 2019 by Forimmediaterelease

Airbus received orders for 58 jetliners in March – led by the A350 XWB widebody family in transactions that included a new customer; while delivering 74 aircraft to 40 customers from across its A220, A320, A330, A350 XWB and A380 product lines.

Pacing the month’s new business was Lufthansa Group’s order for 20 additional A350-900s, bringing its total A350 XWB orders to 45. Lufthansa Group is the biggest operator of Airbus aircraft.

Also in March, STARLUX Airlines of Taiwan signed a firm order for 17 A350 XWBs, comprising 12 A350-1000s and five shorter-fuselage A350-900 versions – becoming a new Airbus customer. The airline plans to deploy the aircraft on its premier long-haul services from Taipei to Europe and North America, as well as to selected destinations within the Asia-Pacific region.

Completing the month’s widebody new business was an order for one A350-900 from a private customer.

The single-aisle transaction in March involved 20 A320neo jetliners for an undisclosed customer.

Deliveries in March were composed of 57 A320 Family aircraft (13 in the CEO configuration and 44 NEO versions), eight A350-900s/A350-1000s, five A220s, three A330s (all in the NEO version) and one A380.

Among the month’s notable deliveries was the first A350-900 delivered to Evelop Airlines. With this aircraft – leased from Air Lease Corporation – the Spanish carrier of Barceló Group’s Ávoris travel division becomes the initial holiday/leisure carrier to operate an A350 XWB.

Other milestones in March included the first A380 delivery to Japan’s All Nippon Airways (ANA), which is the 15th operator of the world’s largest passenger aircraft. Additionally, Airbus delivered the no. 1 A330neo for an African airline, with Air Senegal receiving its first A330-900.

In the VIP sector, Airbus provided the first of three ACJ320neo aircraft for Comlux, which will now begin its cabin outfitting by the Comlux Completion centre in the United States. Comlux is the largest customer for Airbus Corporate Jets’ ACJ320neo Family.

Taking the latest orders and cancellations into account, Airbus’ backlog of jetliners remaining to be delivered as of 31 March stood at 7,357 aircraft.

Travel News | eTurboNews

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Comlux takes delivery of its first Airbus ACJ320neo jet

March 25, 2019 by Forimmediaterelease

Comlux has taken delivery of the first of three ACJ320neo aircraft, which will now enter VIP cabin-outfitting by Comlux Completion in Indianapolis. It is the largest customer for the ACJ320neo Family, which has already won a total of 11 orders.

“The new ACJ320neo gives us the means to deliver nonstop flights to even more of the world. CFM International has supported Comlux over the years, and we have chosen its new, fuel-efficient and highly reliable LEAP-1A engines to power the aircraft. Comlux Completion will install a unique VIP cabin interior, using the most advanced technologies to offer the best comfort and luxury to our customer,” says Comlux Executive Chairman and CEO Richard Gaona.

The ACJ320neo family uses new engines and wingtip mounted Sharklets to deliver a 15 per cent fuel-saving, which also translates into a leap forward in range for business jet operators.

It comprises an ACJ320neo that can fly 25 passengers 13 hours or 6,000 nm/11,100 km, and an ACJ319neo that can transport eight passengers 15 hours or 6,750 nm/12,500 km.

“Airbus corporate jets already have a reputation for comfort, reliability and value, already enjoy similar operating costs to traditional business jets through their airliner heritage, and are now even more economical in their NEO versions,” says ACJ President Benoit Defforge.

More than 700 A320neo Family aircraft are already in service with airlines and, with over 15,000 firm orders for the whole A320 Family, it is the clear leader in its class.

Airbus’ A320 Family pioneered features that are now standard in most new-generation business jets – such as enhanced-protection fly-by-wire controls, cost-saving centralised maintenance and weight-saving carbonfibre – ensuring that it has a long and successful future ahead of it.

More than 190 Airbus corporate jets are in service worldwide, flying on every continent, including Antarctica.

Travel News | eTurboNews

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