Post by XWB on Sept 6, 2016 10:57:40 GMT 1
economynext.com/SriLankan_Airlines_has_overpaid_for_A350_900_aircraft__Minister-3-5659.html
State-run SriLankan Airlines has overpaid for Airbus A350-900 in a controversial deal struck during the ousted Rajapaksa regime, raising questions where the money went, State Enterprises Minister Kabir Hashim said.
The loss-making carrier has been committed to pay 1.4 million US dollars a month for Airbus A350-900 aircraft to aviation lease company AerCap, he said.
Other carriers are leasing them for 900,000 to 1,000,000 dollar a month, he said indicating that SriLankan was paying at least 400,000 dollars (58 million rupee) a month extra.
SriLankan has to pay lease premiums for 12 years, Hashim said.
SriLankan has already cancelled one aircraft paying a 15 million dollar fine.
The loss-making carrier has been committed to pay 1.4 million US dollars a month for Airbus A350-900 aircraft to aviation lease company AerCap, he said.
Other carriers are leasing them for 900,000 to 1,000,000 dollar a month, he said indicating that SriLankan was paying at least 400,000 dollars (58 million rupee) a month extra.
SriLankan has to pay lease premiums for 12 years, Hashim said.
SriLankan has already cancelled one aircraft paying a 15 million dollar fine.
