SriLankan plans aircraft repair facility with Lufthansa

7 August 2013 10:24 am - 37 - {{hitsCtrl.values.hits}}

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Kapila Chandrasena, CEO of SriLankan Airlines

SriLankan Airlines is currently discussing with Germany's Lufthansa Technik to set up a joint venture to carry out repair and maintenance work for narrow-body aircrafts such as Airbus A320 and Boeing 737 in Mattala Rajapaksa International Airport (MRIA).

According to SriLankan Chief Executive, the proposed MRO (maintenance, repair and overhaul) facility is expected to earn annual revenue of US $ 100 million by carrying out over 110 repairs. The facility will have four hangers and is planned to commence on July, 2014.

"The investment will be US $ 14 million. What we are trying to do is to leverage Lufthansa's expertise. The majority of the investment will be borne by them," Chandrasena said.

The facility is expected to employ 400 people.

Chandrasena also said SriLankan will be commissioning a new flight simulator for Airbus A320 within the next couple of weeks. The airline already has an A320 flight simulator. (IS)

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Comments - 37

Poor Man Wednesday, 07 August 2013 03:38 PM

So we now accept this is a bad investment by the President. s.

Roger Wednesday, 07 August 2013 12:58 PM

Chinese will soon take over this hangers for their fighter air crafts. And use this airport to monitor India. "So called friend and neighbor". This a safest way to for this regime to survive.

Suq Madique Wednesday, 07 August 2013 12:59 PM

Why are you happy? Its not his money thats been wasted but the public money.

zorro Wednesday, 07 August 2013 01:16 PM

got the point! investment of 14 Mil. US $ and the revenue of 100 Mil. $ already in the first year?? ROI of 700% in one year. WOW The investors should stay in queues to invest. This fellow calls him a CEO. And Lufthansa must have idiots from SL working for them not to identify such a venture! Its clear the GoSL thinks that SL voters are 100% idiots.

ANTON Wednesday, 07 August 2013 01:40 PM

FIRST PLAN BICYCLE REPAIR FACILITY WITH ASHOK LEYLANDS.

hiran gunasekara Wednesday, 07 August 2013 01:44 PM

Soon lufthanasa will have to file bankruptsy. Lufthansa rajapassas are devils. Anyone who got involve with them gets screwed.

Mason Wednesday, 07 August 2013 02:01 PM

Supposed to be International Airport at last turns out to be a low-profile REPAIR SHOP. Why not use it as a Race-track for the high powered motor bykes permitted to be imported for the spoilt brats.

Citizen Wednesday, 07 August 2013 02:07 PM

Investment would be $14m.Annual revenue $00M.Not bad. Investors would fight to grab this opportunity.Better to have security measures now itself to avoid such things.

Silva Wednesday, 07 August 2013 03:30 PM

WHAT A JOKE
this CEO needs to step DOWN

පොඩි Wednesday, 07 August 2013 03:32 PM

It's a very good move...

zeylanicus Wednesday, 07 August 2013 12:31 PM

Thinking about the business side, i really wonder whether it is possible to get this started in one year (by July 2014) with an investment of US$14 million and be able to get an annual revenue of US$ 100 million. If this is so easy then why hasn't someone else done this already ?

Grumpy Wednesday, 07 August 2013 03:46 PM

Germans? Why not the Chinese this time?

RajasH Wednesday, 07 August 2013 04:20 PM

no one will fly on a Chinese maintained aircraft

John Thursday, 08 August 2013 04:34 AM

Will he even get a tea estateappointment to return to?

Raj Thursday, 08 August 2013 04:35 AM

My Dear Luftthansa from Germany. Not from China.

Saskia Thursday, 08 August 2013 07:37 AM

The majority of the public has chosen him as their leader. So, this is the consequence.

PRASANNAJIT Thursday, 08 August 2013 10:12 AM

Dayasiri Jayasekera, will you please explain this to us.

tebuwana Thursday, 08 August 2013 10:29 AM

Hope some sane people are sent for these discussions. Most of our agreements are mostly one sided. eg SL/India trade pact

Rohan Wednesday, 07 August 2013 11:11 AM

It's a good plan.

Pasel Wednesday, 07 August 2013 10:33 AM

Wow
Coming soon

state of the art aircraft hospital in Matale i

Suq Madique Wednesday, 07 August 2013 10:35 AM

All that money and hype and all its going to be is a repair facility?? Could have saved billions if this was decided at the start.

Ramzeel Wednesday, 07 August 2013 10:45 AM

Lufthansa also kapothi after joining Sri Lankan Airlines

DeSelva Wednesday, 07 August 2013 10:45 AM

from an International airport ro repair shed.
where are they going to find the technicians?

Kumara Wednesday, 07 August 2013 11:00 AM

Human resources are to be trained by the University of Ruhuna

LonwaboTsotsobe Wednesday, 07 August 2013 11:00 AM

guess thats the only use of an airport in the middle of a jungle...

Eran Wednesday, 07 August 2013 11:04 AM

Mattala Mattayangey Paradisayak!

Saskia Wednesday, 07 August 2013 11:07 AM

Very happy to see that the idea of MR is unsuccessful.
This new idea will also fail. So, Lufthansa should think twice before sign an agreement with SL.

Gus Gemba Wednesday, 07 August 2013 10:33 AM

So why did they build such a big fancy Passenger terminal ?
A good way to pay off our ever great chinese debt

Jagath Wednesday, 07 August 2013 11:19 AM

What else to do ???? The additional USD.14 million also will go down the drain!!!

lalitha Wednesday, 07 August 2013 11:25 AM

soon theyll repair bajaj's n maruti's there

RajasH Wednesday, 07 August 2013 11:28 AM

there is a jungle nearby with wild animals like snakes etc Snakes on Planes movie may bcome a reality

PRASANNAJIT Wednesday, 07 August 2013 11:51 AM

Well said.

kumar Wednesday, 07 August 2013 12:07 PM

It's good for the moment. Later can be converted as a dump yard to abandoned aircrafts.

Calistus Jayatilleke Wednesday, 07 August 2013 12:14 PM

It is sad to see that after all that pomp and pageantry, Mattala Airport is now going to be a repair shop. Obviously, because it is an airport surrounded by wild elephants and full of birds but no planes or passengers. What a price to pay for one individual's vanity and ego.

Quinton haslett Wednesday, 07 August 2013 12:22 PM

I couldn't make the point more eloquently, pal.

RajasH Wednesday, 07 August 2013 12:28 PM

A price that will be padi by the future generations when the individual is dead and gone

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SriLankan plans aircraft repair facility with Lufthansa

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