AIRLINK 173.15 Increased By ▲ 15.74 (10%)
BOP 10.65 Increased By ▲ 0.28 (2.7%)
CNERGY 8.52 Increased By ▲ 0.20 (2.4%)
CPHL 97.46 Increased By ▲ 4.57 (4.92%)
FCCL 47.25 Increased By ▲ 0.52 (1.11%)
FFL 15.42 Increased By ▲ 0.54 (3.63%)
FLYNG 28.13 Increased By ▲ 1.15 (4.26%)
HUBC 138.91 Increased By ▲ 4.90 (3.66%)
HUMNL 12.81 Increased By ▲ 0.29 (2.32%)
KEL 4.54 Increased By ▲ 0.33 (7.84%)
KOSM 5.55 Increased By ▲ 0.16 (2.97%)
MLCF 62.26 Increased By ▲ 1.38 (2.27%)
OGDC 214.75 Increased By ▲ 6.23 (2.99%)
PACE 5.55 Increased By ▲ 0.15 (2.78%)
PAEL 44.86 Increased By ▲ 4.08 (10%)
PIAHCLA 18.70 Decreased By ▼ -0.10 (-0.53%)
PIBTL 10.74 Increased By ▲ 0.76 (7.62%)
POWER 12.26 Increased By ▲ 0.30 (2.51%)
PPL 173.87 Increased By ▲ 5.10 (3.02%)
PRL 36.22 Increased By ▲ 1.19 (3.4%)
PTC 23.56 Increased By ▲ 0.57 (2.48%)
SEARL 95.31 Increased By ▲ 2.21 (2.37%)
SSGC 39.13 Increased By ▲ 3.56 (10.01%)
SYM 14.02 Increased By ▲ 0.36 (2.64%)
TELE 7.23 Increased By ▲ 0.28 (4.03%)
TPLP 10.29 Increased By ▲ 0.29 (2.9%)
TRG 64.68 Increased By ▲ 4.01 (6.61%)
WAVESAPP 10.04 Increased By ▲ 0.34 (3.51%)
WTL 1.33 Increased By ▲ 0.03 (2.31%)
YOUW 3.70 Increased By ▲ 0.05 (1.37%)
BR100 12,492 Increased By 252.4 (2.06%)
BR30 37,694 Increased By 1300.9 (3.57%)
KSE100 116,189 Increased By 2036.1 (1.78%)
KSE30 35,750 Increased By 549.8 (1.56%)

Minister for Privatisation Abdul Aleem Khan stated on Sunday that the beginning of Pakistan International Airlines’ flights to Europe is a very positive step and would be a significant milestone for the privatisation of PIA, according to Radio Pakistan.

Speaking to the media in Islamabad, the Federal Minister said that he hoped PIA flights to the US and the UK will resume and that these operations would further boost the national flag carrier’s reputation.

According to Abdul Aleem Khan, a number of the problems impeding PIA’s privatisation process have been fixed, and the remaining tasks and remaining issues will soon come to fruition.

Pakistan’s PIA to resume flights to Europe on Jan. 10 after 4-1/2 year ban

He informed that IMF had also agreed upon two important issues for the buyer of PIA after which eighteen percent sales tax on the purchase of new aircraft would be abolished while the losses of PIA would also be transferred to the Holding Company.

PIA will resume twice-weekly flights between Islamabad and Paris starting January 10, 2025, following the European Union’s removal of restrictions on the carrier.

PIA spokesman Abdullah Hafeez announced that flights will operate on Tuesdays and Fridays using Boeing 777 aircraft. Ticket bookings will open December 7, 2024.

PIA to resume flights to Europe on Jan 10

While Islamabad-Paris operations are confirmed, the timeline for Lahore-Paris route resumption remains undetermined.

The development marks PIA’s return to European skies after over four-year of ban.

PIA’s authorisation to operate in the EU was suspended in June 2020 over concerns about the ability of Pakistani authorities and its Civil Aviation Authority to ensure compliance with international aviation standards.

Comments

200 characters
zh Dec 22, 2024 09:43pm
PIA was flying to Europe before the sanctions and losing money, why should be different this tim?
thumb_up Recommended (0) reply Reply