AIRLINK 73.05 Decreased By ▼ -1.05 (-1.42%)
BOP 5.04 Increased By ▲ 0.04 (0.8%)
CNERGY 4.37 Increased By ▲ 0.03 (0.69%)
DFML 30.10 Increased By ▲ 0.56 (1.9%)
DGKC 84.20 Increased By ▲ 0.65 (0.78%)
FCCL 22.35 Decreased By ▼ -0.08 (-0.36%)
FFBL 34.08 Decreased By ▼ -0.82 (-2.35%)
FFL 10.23 Increased By ▲ 0.36 (3.65%)
GGL 10.31 Increased By ▲ 0.31 (3.1%)
HBL 112.00 No Change ▼ 0.00 (0%)
HUBC 140.30 Increased By ▲ 2.61 (1.9%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.40 No Change ▼ 0.00 (0%)
KOSM 4.59 No Change ▼ 0.00 (0%)
MLCF 38.55 No Change ▼ 0.00 (0%)
OGDC 135.60 Decreased By ▼ -1.00 (-0.73%)
PAEL 26.60 Increased By ▲ 1.46 (5.81%)
PIAA 25.99 Decreased By ▼ -0.52 (-1.96%)
PIBTL 6.63 Decreased By ▼ -0.02 (-0.3%)
PPL 122.90 Decreased By ▼ -2.50 (-1.99%)
PRL 28.22 Increased By ▲ 0.01 (0.04%)
PTC 13.90 Decreased By ▼ -0.40 (-2.8%)
SEARL 54.80 Increased By ▲ 0.20 (0.37%)
SNGP 70.50 Decreased By ▼ -0.70 (-0.98%)
SSGC 10.48 Decreased By ▼ -0.02 (-0.19%)
TELE 8.65 Increased By ▲ 0.13 (1.53%)
TPLP 11.00 Increased By ▲ 0.06 (0.55%)
TRG 61.79 Increased By ▲ 1.09 (1.8%)
UNITY 25.25 Decreased By ▼ -0.08 (-0.32%)
WTL 1.29 Increased By ▲ 0.03 (2.38%)
BR100 7,663 Decreased By -1.4 (-0.02%)
BR30 25,092 Increased By 66.9 (0.27%)
KSE100 73,094 Increased By 330 (0.45%)
KSE30 23,750 Decreased By -25.7 (-0.11%)
Pakistan

PIA to resume direct flights to USA from next year

The national carrier is in the final phase of preparations and will start direct flights to USA from April 2020.
Published November 18, 2019
  • The national carrier is in the final phase of preparations and will start direct flights to USA from April 2020.
  • The monthly operational losses of the airlines had been reduced to Rs1.5 billion.

After recording reduction in operation losses, the Pakistan International Airlines (PIA) would initiate direct flights to the United States from 2020.

As per local media reports, the national carrier is in the final phase of preparations and will start direct flights to the USA from April 2020. The reports state that PIA has sought permission from American officials for it besides providing related documents and plans.

PIA shut down its direct fights operations in the USA due to financial losses, an aspect which was brought under control.

Just days ago, Chief Executive Officer of PIA Air Marshal Arshad Mahmood Malik informed that the monthly operational losses of the airlines had been reduced to Rs 1.5 billion against more than Rs 3 billion monthly losses before he assumed the charge.

“The reduction in operational losses became possible only due to day-night efforts of PIA team comprising those officers who have been working at PIA since last many years," he said, while speaking at an interactive session with members of Karachi Chamber of Commerce and Industry (KCCI) here at the chamber.

The PIA Chief said still a lot needed to be done to deal with PIA's liabilities as whatever is being earned by the airline was mostly consumed on debt servicing, he said.

Comments

Comments are closed.