Lower rates won't alleviate supply chain issues, high raw material prices, and labour unrest
economy25 minutes ago
The award-winning airline has completely removed its fuel surcharge on all tickets to short-haul and medium-haul destinations. These include all cities in
The fuel surcharge on fares between
SriLankan introduced the Fuel Surcharge in July this year for short, medium and long-haul journeys when fuel prices reached a record high $147 per barrel of crude. Fuel prices have declined in recent months.
The effects of crude oil price reductions take some time to impact on the cost of aviation fuel, and SriLankan is anticipating that it will begin reaping the benefit of reduced fuel prices by January 2009. The Airline will nevertheless be closely monitoring the movement of fuel prices as this has a direct impact on profitability.
SriLankan has also significantly increased the fuel efficiency of its aircraft fleet, and begun replacing its older aircraft with newer ones that are more fuel-efficient. The first of its new Airbus A320’s arrived on 30th November.
· williamfaria@khaleejtimes.com
Lower rates won't alleviate supply chain issues, high raw material prices, and labour unrest
economy25 minutes ago
Probes focused on the fees some banks have charged, sources say
markets25 minutes ago
Deficit is expected to reach 5.6% or more of national output this year
economy25 minutes ago
Key players across sectors are seeing a significant uptick in bookings
business28 minutes ago
The government has previously said it would sell between 51 per cent and 100 per cent of the loss-making airline
asia32 minutes ago
Bruno Retailleau has called for a harsher line on asylum claims indicating the sway of Marine Le Pen's National Rally (RN) on the newly installed government
europe33 minutes ago
The Bollywood actors are currently shooting for 'War 2'
entertainment33 minutes ago
Company to showcase latest range of memory and storage solutions at Gitex Global 2024
tech34 minutes ago