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SriLankan Airlines CEO says ‘it’s the best time to visit island of serendipity’

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4 years ago

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SriLankan Airlines

SriLankan Airlines Chief Executive Officer Richard Nuttall said that it is the best time to visit Sri Lanka.  

“There has never been a better time to visit (the country) as  the hotels have low occupancy and the Sri Lankan currency is devalued. The government, SriLankan Airlines and all participants in the tourism industry are aligned and doing everything possible to support the return of tourism in the coming months,” he said, in an exclusive interview with the Times of Oman.
He also welcomed the government’s plans to privatise the airline. “I believe that it will offer greater opportunities for the organisation in terms of a much-needed capital infusion and the streamlining of decision-making,” he said.
Excerpts from the interview:

Q: I have heard that SriLankan Airlines made a profit this year. Is this true? How come this was possible?
A: SriLankan Airlines was profitable for the last four months of the year ending March 2021. We were also operationally profitable for the first six months of the current financial year starting April. However, given the high interest rates in Sri Lanka and the extra costs of operating for two months without jet fuel in our home base, we could not quite cover financing costs. These results are based on unaudited management accounts which are USD based. We went to great lengths to contain costs by restructuring aircraft leases, supplier contracts and other operating expenses during the pandemic. Consequently, we now have a relatively efficient cost base. Further, as traffic has restarted since the pandemic, we have been very agile in adjusting the network based on passenger demand and by distributing any spare capacity based on route profitability.

Q: What new routes are you planning?
A: Our priority right now is to restore capacity to match pre-COVID-19 levels in markets where we have a competitive edge. In the last year or so, we have restarted Paris and Frankfurt, and we launched Incheon and Sydney. We are always on the lookout for new market opportunities as the demand for commercial air travel steadily grows. However, our current priority is to increase frequencies on our current network which includes a number of countries where traffic levels are still recovering after COVID-19.

Q: Any plans to increase flights from Muscat? What is the load factor on this route?
A: We will most likely maintain the same flight frequency to Muscat through the winter of 2022 and into 2023. SriLankan’s passenger load factor on the Muscat route is just over 70 per cent this financial year, and we will not hesitate to increase capacity if the demand for the route increases.

Q: How are you handling the fuel shortage situation?
A: We faced some challenges as jet fuel was largely unavailable in Sri Lanka during July and August. However, the airline’s operational departments and suppliers came together and we were able to maintain most of our network by fuel tankering and tech stops to pick up fuel. Thus, maintaining Sri Lanka’s air links during the summer peak was an extraordinary achievement. Unfortunately, this came at a considerable cost at a time when we need funds to maintain and grow our fleet to meet the needs of the Sri Lankan economy. The good news is that the situation has eased since then, and the Ceylon Petroleum Corporation has assured us a steady supply of jet fuel. We are now able to operate our long-haul flights without any technical stops for refuelling.

Q: What are your thoughts on privatisation of SriLankan Airlines?
A: We welcome the Government’s plans to privatise the airline and believe that it will offer greater opportunities for the organisation in terms of a much-needed capital infusion and the streamlining of decision-making.

Q: How did the economic crisis hit SriLankan Airlines this year? And how is it planning to come out of it?
A: Sri Lanka is undergoing a severe financial crisis at the moment, but its impact on SriLankan Airlines has been minimal since the airline generates a vast majority of its sales in foreign currency from overseas territories. As the national airline, SriLankan is duty-bound to support Sri Lanka in this hour of need and we help by facilitating tourism and exports.

Q: Is the island of serendipity ready to welcome tourists despite what is happening inside Sri Lanka?
A: We believe that the country’s situation was overplayed in foreign media. There was a period for a few weeks when fuel shortages created uncertainty for travel, but otherwise the country has been completely safe for tourism. Now, whilst hotels still have low occupancy and the Sri Lankan currency has devalued, there has never been a better time to visit it. The Government, SriLankan Airlines and all participants in the Tourism industry are aligned and doing everything possible to support the return of tourism in the coming months.

Q: Did the airline restore all its pre- COVID routes?
A: We have resumed flights to almost all the destinations that we flew to pre-pandemic, and will be able to restore our capacity to 90 per cent of our pre-COVID-19 capacity levels in the next financial year.

Q: Flights to Indian cities are very important for Muscat-based passengers. Any plans to increase connectivity with Indian cities?
A: India is a key market for us with regard to inbound tourism to Sri Lanka and transit traffic via Colombo. We are planning to increase capacity to India as a priority in line with the growth in demand. Current demand is well below pre-pandemic levels, but we expect this to rebound in the coming months, with a considerable growth in the number of flights.

Q: Are you going ahead with new fleet procurement?
A: SriLankan Airlines needs to replace some of the older aircraft in its fleet that have imminent lease expirations. We are currently in discussions with our main stakeholder, the Government of Sri Lanka, which understands the need to agree on plans in this regard.

Source: Times of Oman

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Mauritania’s New Energy and Petroleum Minister Confirmed for MSGBC 2026

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1 hour ago

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November 10, 2026

By

Etu Energias

Mohamed Ould Abdel Vetah takes office as Mauritania opens power generation to private investors

DAKAR, Senegal, November 9, 2026/APO Group/ –Mohamed Ould Abdel Vetah, Mauritania’s newly appointed Minister of Energy and Petroleum, has confirmed his participation at MSGBC Oil, Gas & Power 2026 in Dakar. Minister Vetah was appointed on October 10 in a new 29-member government, having previously served as Minister of Petroleum, Energy and Mines from 2016 to 2020. His participation at the upcoming summit offers delegates direct engagement with the official responsible for Mauritania’s gas and power agenda as the country seeks to attract capital across its evolving energy and hydrocarbon sectors

 




  

Minister Vetah joins the event as Mauritania enters a new investment cycle anchored by efforts to scale gas monetization, incentivize exploration and open new opportunities in renewable energy and power development. The country has been an LNG exporter since early 2025, when the Greater Tortue Ahmeyim (GTA) project, developed jointly with Senegal, shipped its first cargo. The project is now operating at full capacity, and gas is also set to anchor domestic power supply, with national utility Somelec and state miner SNIM having signed power purchase agreements with Saudi Arabia’s TAQA and Egypt’s GoGas Holding. The agreements fit within a gas-to-power program tied to the country’s Banda field and targeted for 2028.

 

Mauritania has committed to a fully private power generation model in which independent power producers develop all new plants, with two gas-fired projects in development expected to add a combined 550 MW to the grid. Renewables are scaling in parallel, led by a 220 MW solar-wind plant with 370 MWh of battery storage, developed under a 15-year concession with Somelec and slated to begin commercial production in the final quarter of 2026.

 

Minister Vetah’s career spans Mauritania’s gas sector and regional energy cooperation. During his previous term, Mauritania and Senegal signed the GTA gas sales agreement with bp and Kosmos Energy in 2020, and before entering government he served as General Manager of state gas company SOMAGAZ and as a consultant to TotalEnergies E&P Mauritania. Most recently, he spent nearly four years as High Commissioner of the Organization for the Development of the Senegal River.

 

Regional cooperation has been an early priority for the minister, who was received in Dakar by Senegalese President Bassirou Diomaye Faye on October 16 and reaffirmed his commitment to cooperation between the two countries. At MSGBC Oil, Gas & Power 2026, Minister Vetah will speak during the event’s Ministerial Dialogue, titled ‘Executing the MSGBC Region’s Energy Strategy’ and the Mauritania National Spotlight.

Organized by Energy Capital & Power, MSGBC Oil, Gas & Power 2026 takes place December 1-3 at the Centre International de Conférences Abdou Diouf (CICAD) in Dakar under the High Patronage of President Bassirou Diomaye Faye. For more information and registration, visit www.MSGBCOilGasAndPower.com.

 

Distributed by APO Group on behalf of Energy Capital & Power.

 

 




 

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DHL Global Forwarding Appoints Sascha Geiken as Chief Executive Officer (CEO) for Sub-Saharan Africa

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1 hour ago

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November 10, 2026

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DHL Global Forwarding and MEDS sign strategic MoU to strengthen logistics and improve access to pharmaceutical products across East Africa

DUBAI, United Arab Emirates, November 10, 2026/APO Group/ –DHL Global Forwarding, the air and ocean freight specialist of DHL Group, has appointed Sascha Geiken as CEO for Sub-Saharan Africa, excluding South Africa, effective. He succeeds Egidio Monteiro and will report to Tobias Maier, CEO, DHL Global Forwarding Middle East and Africa.

 




  

Sascha Geiken previously served as Vice President Ocean Freight for Middle East and Africa at DHL Global Forwarding. He brings more than 30 years of experience in freight forwarding, having started his career in the industry in 1995. Before joining DHL Global Forwarding, he held senior leadership positions in the Middle East, including managing director roles covering several markets in the region.

Sascha knows our business and he knows this region

During his time leading Ocean Freight across Middle East and Africa, Sascha Geiken has gained extensive experience managing freight flows across a diverse and complex region. His current remit includes global trade, ocean freight trends and services, rates, capacity and trade-lane development, as well as sustainable transport. He has also worked closely on the changing trade flows connecting Africa with Europe, Asia and the Middle East.

Tobias Maier, CEO, DHL Global Forwarding Middle East and Africa, said: “Sascha knows our business and he knows this region. He has spent many years working across complex markets and understands what it takes to turn growing trade flows into reliable solutions for our customers. Sub-Saharan Africa is an important growth market for us, but it is also a market where strong local execution really matters. I am very pleased to have Sascha take on this responsibility, and I am confident he will continue to move our business forward together with our teams across the region.”

On his appointment, Sascha Geiken said: “I’m very happy to take on this new role. Having worked across Middle East and Africa for many years, I know both the opportunity in Sub-Saharan Africa and the realities of moving goods across the region. Trade is growing, but our customers need more than capacity. They need reliability across the entire supply chain, from the international leg through customs and inland transport to final delivery. I look forward to working with our teams across the region and building on what is already a very strong foundation.”

The appointment comes as DHL continues to invest in the long-term growth of its business in Africa. In 2025, DHL Group announced an investment of more than €300 million in Sub-Saharan Africa to expand infrastructure and services across DHL Express, DHL Global Forwarding and DHL Supply Chain.

Distributed by APO Group on behalf of DHL.

 

 




 

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CEM & Converge Africa bring CX and digital commerce leaders together in Sandton

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1 hour ago

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November 10, 2026

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Two connected event experiences will bring senior customer experience, retail, ecommerce, marketing, technology and transformation leaders together on 10–11 November 2026, with the CEM Africa Awards taking place on the evening of 10 November

Together, the programmes give senior leaders practical insight they can take back into the business

JOHANNESBURG, South Africa, November 9, 2026/APO Group/ –CEM Johannesburg Edition returns to the NH Hotel in Sandton on 10–11 November 2026, alongside Converge Africa Johannesburg on 10 November, creating a concentrated meeting point for leaders shaping customer experience and digital commerce across Africa.

 




  

Across the combined programme, delegates will move between practical workshops, peer-led panels, curated networking and business matchmaking focused on the issues now influencing customer and commercial performance: AI and automation, trust, behavioural insight, journey design, retail media, unified commerce, fulfilment, loyalty, retention and measurable business outcomes.

The co-location gives attendees access to two complementary communities. CEM Johannesburg Edition focuses on customer experience strategy, service, technology and transformation, while Converge Africa Johannesburg brings a sharper retail and digital commerce lens to how customers discover, buy, receive, return and remain loyal.

Programme highlights:

  • The Trust Problem: Can Customers Trust an Experience They Can’t See?
  • Designing for How Customers Feel
  • Authenticity in AI: From Conversation to Completion Without Losing the Human Touch
  • The Customer Doesn’t See Your Org Chart: Why Marketing & CX Must Collaborate
  • From Contact Centre to Experience Centre: The Human + AI Workforce
  • Retail Is Being Rewritten: The New Rules of How Consumers Discover, Shop & Belong
  • Retail Media: Turning Customer Attention Into a New Revenue Stream
  • Unified Commerce: One Customer, One Stock Pool, One Connected Experience
  • Black Friday From Discovery to Doorstep: Can Retail Deliver on the Customer Promise?
  • AI That Actually Works: From Retail Hype to Measurable Results
  • Loyalty, Retention & the Post-Purchase Experience: From Transaction to Lifetime Value

Day two of CEM Johannesburg Edition continues the discussion with sessions examining how Africa’s best brands turn CX into trust, loyalty and growth, the changing future customer, experience intelligence, and how WhatsApp can move beyond conversation to completed customer outcomes.

Confirmed voices from across CX, retail and digital commerce

The programme brings together senior practitioners, consultants and technology leaders from across the customer and commerce ecosystem. Confirmed speakers and workshop leaders include:

  • Gedeon Rossouw – Head of Client Care (Principal/Director), Absa
  • Tatiana Ndlovu – Executive Head: Marketing, Nedbank Africa Regions
  • Julia Ahlfeldt – Customer Experience Strategist and Business Advisor, Julia Ahlfeldt CX
  • Debi Potgieter – CEO & Founder, XMwize Solutions
  • Joven Pillay – EMEA Customer Consulting Leader, KPMG South Africa
  • Christopher Baird – Head of Ecommerce (Southern Hemisphere), G-STAR
  • Adrian Naidoo – Senior HOD: Commercial, Retail Media, Data & Innovation, Boxer Superstores
  • Keanu Batista – Head of E-Commerce South Africa, Pernod Ricard
  • Kieara Hyman – Head of Commerce & Retail, Publicis
  • Kerry Ho-Van Rensburg – Head of Digital Marketing Operations, Pick n Pay
  • Nneka Keshi – Country Director & Africa Lead, Canva
  • Yudhvir Ranchod – Marketing Director, Peach Payments
  • Prathna Singh – Global Retail and South Africa Lead, Intent HQ

Sponsors and programme partners

CEM Johannesburg Edition sponsors:

  • Gold sponsors 1Stream, Cisco, KPMG and Microsoft
  • Silver sponsors Clickatell, QuestionPro, NPLUS, SingleInterface and Zoom
  • Innovation Sponsor XMwize Solutions
  • CX Report Sponsor Rogerwilco
  • Workshop Sponsor Smoke

Converge Africa Johannesburg programme partners: The Courier Guy features as a Diamond Sponsor and workshop partner, with DigiCommerce and Instore24 leading dedicated programme sessions focused on unified commerce and converting digital discovery into measurable in-store growth.

CEM Africa Awards to recognise Africa’s CX leaders

The CEM Africa Awards will take place on the evening of 10 November 2026 at the NH Hotel, Sandton. The 2026 awards programme has attracted 97 entries and 31 finalists, with eight awards spanning four pillars of customer excellence: People, Innovation, Transformation and Government.

Award categories include: CX Leader of the Year; Breaking Barriers in CX; Rising Star in CX; Best Overall CX Solution; Best Use of AI; Best Enterprise Contact Centre Platform; Best Customer Experience Team of the Year; Best Digital Transformation in Public Services; and Best Citizen Experience Initiative.

Among the 2026 finalists publicly announced are Rowland Ndegwa of Jubilee Insurance in the Rising Star in CX category, while LAW FOR ALL, MTN Nigeria, Equity Holdings Group and Clientèle are among the finalists for Best Customer Experience Team of the Year.

“Johannesburg brings together two communities that increasingly need to solve the same customer problem from different angles. CEM Johannesburg Edition looks at the experience, service and transformation agenda, while Converge Africa examines the commercial and operational realities of modern retail and ecommerce. Together, the programmes give senior leaders practical insight they can take back into the business.”

Terry Southam – Director Retail Portfolio

Event information

CEM Johannesburg Edition: 10–11 November 2026 | NH Hotel, Sandton, Johannesburg — View details / book (https://apo-opa.co/48Jo1UK)

CEM Johannesburg Edition live programme: View the full  agenda — View details / book (https://apo-opa.co/4ix4v3N)

Converge Africa Johannesburg: 10 November 2026 | NH Hotel, Sandton, Johannesburg — View details / book (https://apo-opa.co/4j6LLrS)

CEM Africa Awards: 10 November 2026 | NH Hotel, Sandton, Johannesburg — View details / book (https://apo-opa.co/4zdIJqO)

Distributed by APO Group on behalf of VUKA Group.

 

 




 

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