Mihin Air Losses tops 3500 MILLION !!!!!!

earthling

Well-known member
  • Jun 15, 2006
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    Govt admits Mihin losses 3500 million

    By Dilrukshi Handunnetti

    Mihin Lanka has incurred a loss to the tune of Rs. 3,500 million so far Leader of the House Nimal Siripala said yesterday. He added that Sri Lanka was trying to lease two aircraft to Mihin Air.

    The lack of aircraft with the debt ridden controversial Mihin Air was raised in parliament yesterday (6), with Leader of the House, Nimal Siripala de Silva surprising the House by claiming that he had no knowledge about the matter and cryptically adding: “I can’t walk into the hanger to count the aircraft.”

    Responding to an oral question by UNP legislator Ravi Karunanayake on Mihin Air yesterday morning where Karunanayake has also requested for the corporate plan of the said airline, de Silva said, “The corporate plan contains sensitive information and its disclosure might retard the progress of the airline.”

    When persisted by Karunanayake for a response, he said that it would prove detrimental to the airline to disclose such sensitive information.

    De Silva noted that the airline had two aircraft “at the time the question was submitted for answer.”

    When pressed by Karunanayake as to why the government could not disclose the corporate plan of an airline that no longer possessed any aircraft and hence would not be required to disclose any sensitive information, de Silva said that he could not answer that as he did not count the number of aircraft the company had.

    Raising a supplementary question, JVP frontliner Anura Kumara Dissanayake alleged that the controversy surrounding Mihin dated back to the time of its formation and claimed that the then Aviation Minister Mangala Samaraweera had admitted in parliament that he had no idea about Mihin Air being launched despite being the minister in charge.

    “This is a terrible situation. Both aircraft have been taken away and today Mihin has no aircraft to fly,” Dissanayake noted.

    ---------------------------------

    Is this Mahinda Chinthanayes Rata Pereta ????? :angry: can a sane person justify this ????
     

    henderson

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  • Nov 24, 2007
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    Senior Executive, Goldman Sachs
    Thats what happen when you start a something without doing your homework. You can't just go and start airline like you start to build a store. Always you need to do analyze how much passengers are available for your propoese routes, etc... etc... And also need to hire right people for the management probably people who has experience in airline buisness.

    But for sure that does not happened regarding Mihin air. So its on verge of bankrapcy even when it was started.
     

    pamithK

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  • Jul 21, 2007
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    henderson said:
    Thats what happen when you start a something without doing your homework. You can't just go and start airline like you start to build a store. Always you need to do analyze how much passengers are available for your propoese routes, etc... etc... And also need to hire right people for the management probably people who has experience in airline buisness.

    But for sure that does not happened regarding Mihin air. So its on verge of bankrapcy even when it was started.


    all they planned was how much the commision was..thats all..stupid arseholes:rolleyes: :rolleyes: :angry: :angry:
     

    randula01

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    Dec 2, 2006
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    earthling said:
    Govt admits Mihin losses 3500 million

    By Dilrukshi Handunnetti

    Mihin Lanka has incurred a loss to the tune of Rs. 3,500 million so far Leader of the House Nimal Siripala said yesterday. He added that Sri Lanka was trying to lease two aircraft to Mihin Air.

    The lack of aircraft with the debt ridden controversial Mihin Air was raised in parliament yesterday (6), with Leader of the House, Nimal Siripala de Silva surprising the House by claiming that he had no knowledge about the matter and cryptically adding: “I can’t walk into the hanger to count the aircraft.”

    Responding to an oral question by UNP legislator Ravi Karunanayake on Mihin Air yesterday morning where Karunanayake has also requested for the corporate plan of the said airline, de Silva said, “The corporate plan contains sensitive information and its disclosure might retard the progress of the airline.”

    When persisted by Karunanayake for a response, he said that it would prove detrimental to the airline to disclose such sensitive information.

    De Silva noted that the airline had two aircraft “at the time the question was submitted for answer.”

    When pressed by Karunanayake as to why the government could not disclose the corporate plan of an airline that no longer possessed any aircraft and hence would not be required to disclose any sensitive information, de Silva said that he could not answer that as he did not count the number of aircraft the company had.

    Raising a supplementary question, JVP frontliner Anura Kumara Dissanayake alleged that the controversy surrounding Mihin dated back to the time of its formation and claimed that the then Aviation Minister Mangala Samaraweera had admitted in parliament that he had no idea about Mihin Air being launched despite being the minister in charge.

    “This is a terrible situation. Both aircraft have been taken away and today Mihin has no aircraft to fly,” Dissanayake noted.

    ---------------------------------

    Is this Mahinda Chinthanayes Rata Pereta ????? :angry: can a sane person justify this ????

    mae gannaen baeruna eka honadai.............
    kewa misak heduwada.............oka.............
     

    SAN_APIIT

    Well-known member
  • Mar 8, 2007
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    In a Chip !!!
    Asitha-K said:
    C'mon man!
    3500 Milloin means 3.5 Billon!!!:oo:
    If we import rice of that amount may be we could reduce the price!!!:nerd:
    C mon man Its our money!! Do you know how many people sleeep with empty stomachs!:dull:

    100% agreed; what a loss for our country. and i don't think this amount include the purchasing of the planes.

    Add that and they could feed the country for a month for free !
     

    earthling

    Well-known member
  • Jun 15, 2006
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    Asitha-K said:
    C'mon man!
    3500 Milloin means 3.5 Billon!!!:oo:
    If we import rice of that amount may be we could reduce the price!!!:nerd:
    C mon man Its our money!! Do you know how many people sleep with empty stomachs!:dull:

    Exactly my thoughts too...

    These are tax payers money.. a government should be accountable to its people... and this is how these idiots are being accountable..just admitting lamely that 'we lost 3500 Million in just 3 months' :angry:

    If half of the money was used to creduce the taxes for the essential food items like 'MILK POWDER' & 'FLOOR'..what a relief that will be for all the hard hit poor & middle class people in SL....

    Didnt the people elect these morons to the parliament so that they might lessen the burdens of the people.. we expect them to lower the price of the bloody essentials..not to start a bloody 3rd class flying service so that they could waste 3.5 Billion of our money.. :growl:

    and now there's talk of Sri Lanka leasing 2 air planes to keep Mhin afloat....:baffled:

    How will Mihin be able to get a lease on 2 air crafts if it is already bankrupt... ?????

    Will any sane person lease 2 air crafts to a company that lost 3500 million in 3 months ???

    Mahinda will drag Sri Lankan Air Lines down with him... He is ruining Sri Lanka :(
     

    Asitha-K

    Active member
  • Dec 20, 2007
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    Land like no other :D
    "Mihinya" Air line ekakata daana namak da ban eka!
    Great leaders la kauruth thamange nama mee rate
    salli walin karana deewal walata
    daala nea ne bang!
    Rata minissunge salli aragena gahana houseing scheme eka "Mihindu sewana"
    Maarai!!!
    more than decades ekama colour ekakin aapu Central Bank Report eka
    Meya aawa witharai Blue.


     

    henderson

    Active member
  • Nov 24, 2007
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    Senior Executive, Goldman Sachs
    Asitha-K said:
    "Mihinya" Air line ekakata daana namak da ban eka!
    Great leaders la kauruth thamange nama mee rate
    salli walin karana deewal walata
    daala nea ne bang!
    Rata minissunge salli aragena gahana houseing scheme eka "Mihindu sewana"
    Maarai!!!
    more than decades ekama colour ekakin aapu Central Bank Report eka
    Meya aawa witharai Blue.



    yeah, I think its more appropriate to say its not governing the country, but governing by marketing :lol: