Under a more liberalised civil aviation policy between India and Sri Lanka, the Sri Lankan Airlines will operate a weekly flight to Coimbatore and Pune.
The Memorandum of Understanding (MoU) between the two countries on cooperation in civil aviation, originally signed in 2002, was renewed here at the end of two-day talks.
As per the new MoU, the Sri Lanka Airlines will operate an additional daily flight to Mumbai. Besides, the national carrier will be allowed to operate an additional daily flight to Bangalore from April 2008 once the new airport in the metro city is operational.
At present the Sri Lankan Airlines is allowed to operate on a daily basis to six Indian metropolises. In addition, India has permitted the carrier to make any number of trips to 18 designated tourist destinations. As a special case, the airline is given the facility to operate 15 flights to Chennai on a weekly basis.
As a carrier, which operates 36 flights to India in a week, Sri Lanka Airlines is the single largest foreign airline. In the next two weeks the Airlines is scheduled to start two weekly flights to Goa.
In a related development, the proposed new agreement between the Lanka Indian Oil Corporation (LIOC) and the Government of Sri Lanka has been delayed. Sarthak Behuria, Chairman, LIOC, and Chairman, Indian Oil Corporation (IOC), told a news conference here that the delay was due to technical reasons and he was hopeful that the pact would be concluded soon.
LIOC business plans
Talking about business plans of LIOC, Mr. Behuria said the lube oil blending plant at Trincomalee with an annual capacity of 18 million litres and an investment of $5 million would be completed by June next year.
Saturday, October 14, 2006
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