Addendum
Industry veteran Hill to return to Srilankan Airlines?
September 1st 2018
As Srilankan Airlines rumbles on in its shambolic way following a forced change of senior management earlier this year, it is rumoured that industry veteran, Peter Hill, who most recently has spent several years running TAAG in Angola, is returning to the carrier. Read More »
Hill was in charge of the SriLankan when Emirates Airline owned 44% of it. Hill then moved on to several consultancies before he took on TAAG, which also had the benefit of Emirates investment until the Gulf carrier sold out in 2014.
Emirates had a 10-year management contract with Srilankan but decided to walk away from renewal of the management agreement in 2008 after the government wanted paying Srilankan business class passengers to be bumped from a London-Colombo flight so family members of the then prime minister could be accommodated. Two years later, Emirates sold its equity in the carrier to the Srilankan government at a US$20 million loss.