Daily News Online

DateLine Tuesday, 28 April 2009

News Bar »

News: UN releases US $ 10 million to relief fund ...        Political: Prasanna Ranatunga tops WPC preference votes ...       Business: Demand for Govt Securities on the increase ...        Sports: Hammam certain of being retained as Executive Member of FIFA for Asia ...






Marriage Proposals
Government Gazette


Emirates’ Skywards:

Triple and double treats for members

Travellers out of Colombo with Emirates can now earn extra Skywards Miles till the end of June thanks to a new promotion launched by the award-winning Dubai-based carrier. Emirates is offering all members of Skywards, an opportunity to earn Triple Miles in First and Business Classes and earn Double Miles in Economy Class on specified flights to any one of 80 selected destinations.

“This is yet another bonanza for our passengers,” said Emirates Sales Manager Sri Lanka, Devika Ellepola. Skywards Miles have become popular among our passengers because they make travel very much more rewarding. This is also a great opportunity for non members to register with Skywards right away and earn miles with their first flight as members.

The destinations eligible for bonus miles include London, New York, Johannesburg, Zurich, Sao Paulo, Perth and a host of others. To receive these bonus miles, passengers should register through e-mail or the Emirates website (www.emirates.com/lk) and complete their travel by June 30.

The offer is open to passengers who are already Skywards members and to those who become members before June 30, 2009, and are resident in Sri Lanka. The bonus miles they receive are in addition to the Miles normally earned in respect of their flights. The Skywards Miles won or accumulated can be redeemed for free air tickets or many other benefits offered by Skywards, including upgrades, hotel accommodation, excursions, exclusive shopping, and fine dining.

Offers for SriLankan Platinum Amex holders

SriLankan Holidays celebrates the holiday season with offers for its SriLankan Platinum American Express card holders.

Cardholders are offered the opportunity of redeeming their well earned miles as part payment, up to 55 percent of the package to a range of exciting yet contrasting destinations.

These deals take you to Dubai and neighbouring Bangalore where shopping is great, to Male where one can indulge in the sun, sea and the sand, and also on a long haul experience to enjoy a refreshing British Spring in London and even perhaps to Rome.

With the ICC World Twenty20 Tournament around the corner, cricketing enthusiasts can now cheer the Sri Lankan team and catch the action ‘live’ right there in London, with SriLankan Holidays.

Commencing Friday June 5, the two-week ICC World Twenty20 tournament brings together the world’s top male and female cricketers in a well fought competition that pits nation against nation over four venues in London, which are Lord’s, The Oval, Trent Bridge and Taunton.

The prize will be awarded to the World Twenty20 champions on June 21 at Lord’s, the Home of Cricket. The offer is valid till June 30, 2009.

SriLankan Holidays also promises travellers a ‘World of Memories’ with all-inclusive package tours in more than 30 cities in South Asia, Southeast Asia, the Far East, Middle East and Europe.

SIA’s winners reimbursed

Singapore Airlines Sri Lanka conducted a promotion in association with Gold FM which offered lucky travellers a full refund of the price paid for a SIA Holiday package purchased.

The promotion which ran for two weeks in March was targeted at the April holiday travellers. The SIA Holiday package included return air fare to Singapore, a minimum of two nights, hotel accommodation and exciting value additions such as discounts at designated dining outlets and tours.

The package proved to be a very popular offering, from a good selection of quality hotels in Singapore ranging from the 5-star Regent, Carlton, Pan Pacific to the more moderately priced Peninsular Excelsior, Hotel Royal, Copthrone Orchid and many more.

Every week a lucky winner who had purchased an SIA Holiday package was selected and they won a full refund of the amount paid.

The first draw lucky winners were Sherine Castelino and Manel Jayasinghe. They purchased their tickets from the Singapore Airlines office on March 17 and the total package cost reimbursed was Rs. 89,800.

The draw two lucky winners were Batawalage Madarasinghe, Mahesha Amarasinghearachchige and Tharindu Batawalage. The total cost of their package was Rs. 114,600.

The picture shows Batawalage being presented with the cheque by Sales Manager Singapore Airlines Radhini Seneviratne.

SIA plans to run similar promotions shortly as SIA Holiday’s has proved to be a value-for-money proposition among discerning holidaymakers.

Aviation industry poised for M&A

The Indian aviation industry is poised for another round of consolidation as early as the first half of the current fiscal, with low-cost carriers like IndiGo and SpiceJet requiring significant capital and funds inflow, the Centre for Asia Pacific Aviation (CAPA) has said.

“The next round of consolidation may be strategic in nature. For example, SpiceJet has indicated that it would be interested in participating in such a development,” the CAPA said in its report titled “Indian Airlines Prepare for Consolidation Round Two”.

Stating that the market and investors will support sensible consolidation which is designed to restore profitability rather than pursuing scale, it said, “CAPA expects that activity will be seen on this front in H1 (first half) 2009-10”.

Though the report is silent on the specifics of the mergers and acquisitions expected, it says: “Low-cost carriers (LCCs) such as IndiGo and SpiceJet also have significant capital requirements and will need further flows of funding ...The next round of consolidation is therefore most likely to occur in the LCC sector.”

SpiceJet and Indigo officials were not available for comments on the CAPA report. The CAPA report further said consolidation was most likely to happen in the LCC segment, “especially as the full service carriers do not have the balance sheets to engage in further acquisitions”.

The paper notes that the earlier round of consolidation in 2007 with the Kingfisher-Air Deccan merger, Air India and Indian Airlines merger and Jet-Sahara acquisition took place against the background of an industry that was beginning to exhibit the first signs of distress.

The bullish fleet orders placed by Indian carriers in that period saw capacity being introduced at the rate of 6 to 6.5 aircraft a month, whereas the actual growth in demand was closer to equivalent of three aircraft.

Also, the rapid increase in capacity was taking place at a time when the airport modernisation program was yet to deliver upgraded infrastructure which meant that airports and airways were highly congested, increasing airline operating costs, it added.

The report said in a period of boom, demand for skilled personnel such as pilots and engineers also outstripped supply leading to a sharp escalation in wages, and in some cases grounding of aircraft due a shortage of staff.


Sri Lanka Airline Cargo Association (SLACA) held its 15th consecutive Cricket Sixes Carnival for its customer freight forwarders (SLFFA) recently at the NCC Grounds, Colombo 7. Organised by SLACA and headed by the cricket committee chairman 2009 Kapila Santhapriya, a record number of 32 teams participated in the event with a large turnout of fellow members and team supporters at the grounds. McCallum Cargo (Pvt) Ltd were the champions for 2009 after a unbeaten performance and Scanwell Logistics Colombo (Pvt) Ltd came runners-up. Here Chairman, Sri Lanka Freight Forwarders Association Ruwan Waidyaratne presents the Champion trophy to the Captain of McCallum Cargo and Anil Wijesinghe - President. Sri Lanka Airline Cargo Association, Kapila Santhapriya, Cricket Committee Chairman and Social Co-ordinator SLACA, Chamara Ranasinghe - (Secretary SLACA).



Ceylinco Banyan Villas
Donate Now | defence.lk
LANKAPUVATH - National News Agency of Sri Lanka

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright © 2009 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor