Monday, June 27, 2016

Sri Lankan Air Lines To Suspend It's Flights To Paris And Frankfurt After 06th Of November This Year

The national carrier Sri Lankan Air Lines has today(27) stated that after 06th of November this year the Air Lines will suspend their flights to Paris-France and Frankfurt-Germany due to continued losses in those routes.As the government has announced it will no longer funding continue losses Sri Lankan Air Lines has taken this decision according to the statement issued by Sri Lankan Air Lines.

Accordingly Sri Lankan Air Lines will operate it's two last flights to Paris and Frankfurt 06th of November and 30th of October this year through UL 563/564 and UL 553/554 flights .

The Sri Lankan Air Lines is continuing their daily flights to Doha and Abu Dhabi and through the Etihad and Qatar Air Lines it will provide the onward connectivity to European destinations it has been serving via Paris and Frankfurt the Air Lines has further stated.
SriLankan Airlines, the national carrier of Sri Lanka, will be suspending its operations to Paris and Frankfurt, from winter 2016, SriLankan Airlines said in a statement today (27).

Accordingly, the last flights between Frankfurt and Colombo (UL 553/554) will be operated on October 30, while UL 563/564 of November 6, 2016 will conclude the operations between Paris and Colombo.

SriLankan Airlines in a statement said, “The Government of Sri Lanka has made it clear that it will no longer fund continuing losses. Airline sources said that the route network is being continuously evaluated in the context of changing market dynamics in order to maximize on sustainable routes which bring in more contribution towards the bottom line.

While the drop in fuel prices has contributed to the airline’s improved performance, this benefit has been significantly eroded with the airline’s revenues declining for the F/Y ending 2015/16 compared to the previous year. Addition of capacity to the Colombo market particularly by Middle Eastern carriers, accompanied by a drop in airfares in European markets hasseen the contribution of the European network drop in comparison to the other routes. This has been further exacerbated by the depreciation of the Euro against the Dollar. Airline sources further stated that there were no short term signs of recovery in yields.

SriLankan operates daily flights to both Doha and Abu Dhabi and has a strong code share relationship with Etihad and Qatar through which it will continue  to provide onward connectivity to the European destinations it has been serving via Paris and Frankfurt.

London will remain the Airline’s gateway to Europe, where the Airline has deployed its state-of-the-art A330-300 fleet for daily non-stop operations, providing a greater comfort and an enhanced flying experience to its passengers.

The Indian Sub-continent, the Middle East and the Far East will remain SriLankan’s focal markets, where the Airline will continue to explore its potential for expansion.”
- See more at: http://adaderana.lk/news/35839/srilankan-to-suspend-flight-operations-to-paris-and-frankfurt#sthash.sgGs9Rl1.dpuf
SriLankan Airlines, the national carrier of Sri Lanka, will be suspending its operations to Paris and Frankfurt, from winter 2016, SriLankan Airlines said in a statement today (27).

Accordingly, the last flights between Frankfurt and Colombo (UL 553/554) will be operated on October 30, while UL 563/564 of November 6, 2016 will conclude the operations between Paris and Colombo.

SriLankan Airlines in a statement said, “The Government of Sri Lanka has made it clear that it will no longer fund continuing losses. Airline sources said that the route network is being continuously evaluated in the context of changing market dynamics in order to maximize on sustainable routes which bring in more contribution towards the bottom line.

While the drop in fuel prices has contributed to the airline’s improved performance, this benefit has been significantly eroded with the airline’s revenues declining for the F/Y ending 2015/16 compared to the previous year. Addition of capacity to the Colombo market particularly by Middle Eastern carriers, accompanied by a drop in airfares in European markets hasseen the contribution of the European network drop in comparison to the other routes. This has been further exacerbated by the depreciation of the Euro against the Dollar. Airline sources further stated that there were no short term signs of recovery in yields.

SriLankan operates daily flights to both Doha and Abu Dhabi and has a strong code share relationship with Etihad and Qatar through which it will continue  to provide onward connectivity to the European destinations it has been serving via Paris and Frankfurt.

London will remain the Airline’s gateway to Europe, where the Airline has deployed its state-of-the-art A330-300 fleet for daily non-stop operations, providing a greater comfort and an enhanced flying experience to its passengers.

The Indian Sub-continent, the Middle East and the Far East will remain SriLankan’s focal markets, where the Airline will continue to explore its potential for expansion.”
- See more at: http://adaderana.lk/news/35839/srilankan-to-suspend-flight-operations-to-paris-and-frankfurt#sthash.sgGs9Rl1.dpuf
SriLankan Airlines, the national carrier of Sri Lanka, will be suspending its operations to Paris and Frankfurt, from winter 2016, SriLankan Airlines said in a statement today (27).

Accordingly, the last flights between Frankfurt and Colombo (UL 553/554) will be operated on October 30, while UL 563/564 of November 6, 2016 will conclude the operations between Paris and Colombo.

SriLankan Airlines in a statement said, “The Government of Sri Lanka has made it clear that it will no longer fund continuing losses. Airline sources said that the route network is being continuously evaluated in the context of changing market dynamics in order to maximize on sustainable routes which bring in more contribution towards the bottom line.

While the drop in fuel prices has contributed to the airline’s improved performance, this benefit has been significantly eroded with the airline’s revenues declining for the F/Y ending 2015/16 compared to the previous year. Addition of capacity to the Colombo market particularly by Middle Eastern carriers, accompanied by a drop in airfares in European markets hasseen the contribution of the European network drop in comparison to the other routes. This has been further exacerbated by the depreciation of the Euro against the Dollar. Airline sources further stated that there were no short term signs of recovery in yields.

SriLankan operates daily flights to both Doha and Abu Dhabi and has a strong code share relationship with Etihad and Qatar through which it will continue  to provide onward connectivity to the European destinations it has been serving via Paris and Frankfurt.

London will remain the Airline’s gateway to Europe, where the Airline has deployed its state-of-the-art A330-300 fleet for daily non-stop operations, providing a greater comfort and an enhanced flying experience to its passengers.

The Indian Sub-continent, the Middle East and the Far East will remain SriLankan’s focal markets, where the Airline will continue to explore its potential for expansion.”
- See more at: http://adaderana.lk/news/35839/srilankan-to-suspend-flight-operations-to-paris-and-frankfurt#sthash.sgGs9Rl1.dpuf

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