Pilot tows A-340 to safety
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Word from the engineers is that actually there were two seperate acts of bravery (stupidity). Ramp all cleaned up too, never know it happened.
Some mechanics towed one to safety but parked it on an adjoining bay. That got blown up anyway. The pilot mentioned taxied the other by himself and took it all the way to the hangar where it was safe. Big cojones.
About three dozen guys laid off, though it appears the company is trying to place them in Mauritus and Vietnam.
Big Brother Emirates doesn't seem to be taking any pilots. They are supposed to pull out of Colombo too, as are CX and SIA. Guess terrorism works eh?
Some mechanics towed one to safety but parked it on an adjoining bay. That got blown up anyway. The pilot mentioned taxied the other by himself and took it all the way to the hangar where it was safe. Big cojones.
About three dozen guys laid off, though it appears the company is trying to place them in Mauritus and Vietnam.
Big Brother Emirates doesn't seem to be taking any pilots. They are supposed to pull out of Colombo too, as are CX and SIA. Guess terrorism works eh?
Sri Lanka's economy hit as insurers label country war risk
COLOMBO, Aug. 8 (Kyodo) - Insurers worldwide have slapped a war risk label on Sri Lanka after last month's rebel attack on the country's main air force base and adjacent international airport, inflicting a further blow to an economy reeling from the aftershock of the devastating pre-dawn attack.
''The situation is grim,'' Chandra Jayaratne, chairman of the Ceylon Chamber of Commerce, told Kyodo News on Wednesday.
''The stock market performance on Tuesday tells the whole story,'' he said, referring to the crash of the Colombo stock market to new lows after the attack.
The London-based War Risks Rating Committee has formally declared that Sri Lanka carries insurance risks for ships and aircraft by labeling voyages and flights to and from there as ''held covered.''
The label means underwriters are free to set rates at their discretion, premiums commensurate to the stability of the area are to be charged and special surcharges are levied for on-carriage cargoes.
The July 24 attack by Tamil Tiger separatists on Sri Lanka's only international airport and the adjoining military air base destroyed or damaged a large part of the country's national airline fleet.
The apparel manufacturing sector, which earns the most foreign exchange for the country, held a crisis meeting Tuesday with Treasury Secretary P.B. Jayasundera to work out a strategy to counter both the increased costs and lack of air freight capacity following the airport attack.
An estimated 30% of garment exports are flown to markets in Europe and North America, and manufacturers have had to contend with prohibitive insurance surcharges and flight cancellations following the airport attack.
''Airlines are either canceling flights or downgrading aircraft flying to Colombo as a result of the huge insurance mark-ups following the attack,'' one airline agent said on condition of anonymity. ''Something must be quickly done to control the damage.''
The vital tourism industry, which had expected a record 450,000 arrivals this year, has taken a heavy twin-blow, with prospective visitors scared off by the airport attack and the lack of seats to Colombo resulting from the pullout by airlines.
''We have nearly 700 rooms on this stretch of the coast,'' the manager of a beach resort in the south said. ''When the guests who are now with us leave, less than 40 rooms will be occupied.''
Local insurance companies have strongly protested about the ''war risk'' tag saying that imposing this label on the whole country was unjustifiable. The state-owned Sri Lanka Insurance Corporation has written a letter to London urging a review.
COLOMBO, Aug. 8 (Kyodo) - Insurers worldwide have slapped a war risk label on Sri Lanka after last month's rebel attack on the country's main air force base and adjacent international airport, inflicting a further blow to an economy reeling from the aftershock of the devastating pre-dawn attack.
''The situation is grim,'' Chandra Jayaratne, chairman of the Ceylon Chamber of Commerce, told Kyodo News on Wednesday.
''The stock market performance on Tuesday tells the whole story,'' he said, referring to the crash of the Colombo stock market to new lows after the attack.
The London-based War Risks Rating Committee has formally declared that Sri Lanka carries insurance risks for ships and aircraft by labeling voyages and flights to and from there as ''held covered.''
The label means underwriters are free to set rates at their discretion, premiums commensurate to the stability of the area are to be charged and special surcharges are levied for on-carriage cargoes.
The July 24 attack by Tamil Tiger separatists on Sri Lanka's only international airport and the adjoining military air base destroyed or damaged a large part of the country's national airline fleet.
The apparel manufacturing sector, which earns the most foreign exchange for the country, held a crisis meeting Tuesday with Treasury Secretary P.B. Jayasundera to work out a strategy to counter both the increased costs and lack of air freight capacity following the airport attack.
An estimated 30% of garment exports are flown to markets in Europe and North America, and manufacturers have had to contend with prohibitive insurance surcharges and flight cancellations following the airport attack.
''Airlines are either canceling flights or downgrading aircraft flying to Colombo as a result of the huge insurance mark-ups following the attack,'' one airline agent said on condition of anonymity. ''Something must be quickly done to control the damage.''
The vital tourism industry, which had expected a record 450,000 arrivals this year, has taken a heavy twin-blow, with prospective visitors scared off by the airport attack and the lack of seats to Colombo resulting from the pullout by airlines.
''We have nearly 700 rooms on this stretch of the coast,'' the manager of a beach resort in the south said. ''When the guests who are now with us leave, less than 40 rooms will be occupied.''
Local insurance companies have strongly protested about the ''war risk'' tag saying that imposing this label on the whole country was unjustifiable. The state-owned Sri Lanka Insurance Corporation has written a letter to London urging a review.
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Tell you what "Brad737" you sound like one of the snot-nosed college punks who are the ruination of this whole industry...here is a posting about two brothers in industry who may or may not be as fortunate as the likes of you...who did their best as they saw fit in a time of need that the likes of you and I will never see...and here you are criticizing them....god help you...and all of us.....
A312320,
I must say I am rather with Brad737 on this one, an A340 is most certainly a thing of beauty but it is just a hunk of metal in the end. I might just (but only just) risk my life to save my own beloved little aircraft but I cannot imagine getting my arse shot off to save one of my employers machines. Perhaps this guy could see his livelihood going up in flames and all power to him. I think I would have joined Brad in a deep hole or run rapidly in the other direction. They can't build another one of me in Toulouse, there are a few things that would improve my scrawny body but automatic gun fire is not one them!.
I must say I am rather with Brad737 on this one, an A340 is most certainly a thing of beauty but it is just a hunk of metal in the end. I might just (but only just) risk my life to save my own beloved little aircraft but I cannot imagine getting my arse shot off to save one of my employers machines. Perhaps this guy could see his livelihood going up in flames and all power to him. I think I would have joined Brad in a deep hole or run rapidly in the other direction. They can't build another one of me in Toulouse, there are a few things that would improve my scrawny body but automatic gun fire is not one them!.
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Ah the question of hull insurance happens to be my speciality....
Under the main hull and liability policies held by all airlines there are exclusions for War, Terrorism and allied perils.
However, almost all airlines also purchase a specialist "Hull War" policy which covers on War, Terrorism and allied perils. If an airline operates aircraft leased or financed (rather than outright purchase) then this policy will be a requirement of the lessor or financiers.
I know that SirLankan's aviation insurance is placed via Willis Aviation, a large London based broker, and the current "reserve" placed on the claim by insurers is US$450m.
There will be a policy deductible (excess) which will need to be borne by the airline.
It was also noted in this weeks Travel Trade Gazette, that as a result of the loss of these aircraft, SriLankan is extending it's retirement policy and may well be undertake some compulsory redundancies amongst all staff.
Therefore, I am afraid it is not good for them at all, especially as it is unlikely they owned any of the aircraft, therefore the money received from insurers will all go direct to the aircraft owners, leaving Sri Lankan to go out and negotiate new leases if that what they require....but bear in mind the lead time on an A330 is currently c12 months.
Oh, as a result of the incident "War Insurers" are charging all airlines (inc SriLankan) an additional approx US$100k per flight into Colombo....hence they don't seem to be rushing out to find lots of replacement aircraft at the moment, until they either set up new routes avoiding home base or any potential troubles subside once again.
Under the main hull and liability policies held by all airlines there are exclusions for War, Terrorism and allied perils.
However, almost all airlines also purchase a specialist "Hull War" policy which covers on War, Terrorism and allied perils. If an airline operates aircraft leased or financed (rather than outright purchase) then this policy will be a requirement of the lessor or financiers.
I know that SirLankan's aviation insurance is placed via Willis Aviation, a large London based broker, and the current "reserve" placed on the claim by insurers is US$450m.
There will be a policy deductible (excess) which will need to be borne by the airline.
It was also noted in this weeks Travel Trade Gazette, that as a result of the loss of these aircraft, SriLankan is extending it's retirement policy and may well be undertake some compulsory redundancies amongst all staff.
Therefore, I am afraid it is not good for them at all, especially as it is unlikely they owned any of the aircraft, therefore the money received from insurers will all go direct to the aircraft owners, leaving Sri Lankan to go out and negotiate new leases if that what they require....but bear in mind the lead time on an A330 is currently c12 months.
Oh, as a result of the incident "War Insurers" are charging all airlines (inc SriLankan) an additional approx US$100k per flight into Colombo....hence they don't seem to be rushing out to find lots of replacement aircraft at the moment, until they either set up new routes avoiding home base or any potential troubles subside once again.
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A whip around for the guys? NOT
nullSri Lankan Airlines snaps surcharge on tickets
August 09, Colombo: Sri Lanka’s national carrier Sri Lankan Air today announced that it would levy a surcharge of US Dollars 80 on an air ticket. This surcharge came soon after London insurers declared Sri Lanka a war zone and announced that they would charge a surcharge on airplanes, ships and cargo to Sri Lanka.
nullSri Lankan Airlines snaps surcharge on tickets
August 09, Colombo: Sri Lanka’s national carrier Sri Lankan Air today announced that it would levy a surcharge of US Dollars 80 on an air ticket. This surcharge came soon after London insurers declared Sri Lanka a war zone and announced that they would charge a surcharge on airplanes, ships and cargo to Sri Lanka.
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UL has started implementing the 40 USD
insurance surcharge from today. Unless other
airlines follow suit, this will mean further problems for UL as their fares with this new surcharge will get very uncompetitive.
A return ticket from Trivandrum in South India to Colombo which costs approximately
USD 120 will now cost USD 200 on UL.
Another interesting fact is that both the UL
A320s are also now out of service so the airline has cancelled some short/medium haulroutes (TRZ/BOM/DEL/KHI) and operating other 320 routes with 330s to reduced frequencies.
insurance surcharge from today. Unless other
airlines follow suit, this will mean further problems for UL as their fares with this new surcharge will get very uncompetitive.
A return ticket from Trivandrum in South India to Colombo which costs approximately
USD 120 will now cost USD 200 on UL.
Another interesting fact is that both the UL
A320s are also now out of service so the airline has cancelled some short/medium haulroutes (TRZ/BOM/DEL/KHI) and operating other 320 routes with 330s to reduced frequencies.
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Most opportune time to dust off the old L1011s, an affordable alternative for this battered airline.
Neither the airline nor this impoverished war torn country have the budget to afford the extravagance of expensive new jets.
Precious dollars spent on tourist infrastructure should be redirected towards political settlements and overall peace amongst its citizens.
Neither the airline nor this impoverished war torn country have the budget to afford the extravagance of expensive new jets.
Precious dollars spent on tourist infrastructure should be redirected towards political settlements and overall peace amongst its citizens.
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Must say one thing,this guy seems to be a Sri Lankan(Pilot),who would have had the guts to do what he did,since they are used to the turmoils for years,seems hardened.
Took a lot of guts,whatever he may have thought at the time.
My hats off for him for sure.
Took a lot of guts,whatever he may have thought at the time.
My hats off for him for sure.
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He was Flt Ops Manager when I joined in the early nineties and was very well thought of in the post, especially by expats. He started as a steward in Air Ceylon and worked his way up. Top notch guy.
