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air travel

Air travel to soar near record in 2023: industry group

ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector’s...

Published 06 Jun, 2023 05:33am

World

UN aviation body sees recovery to pre-pandemic air travel in 2023

NEW YORK: Demand for commercial travel is expected to make a full recovery in 2023, with volumes exceeding the 2019...

Published 09 Feb, 2023 12:56am

Business & Finance

Airlines see return to profit in 2023, clash with airports

GENEVA: Global airlines are predicting their first industry-wide profit since 2019 next year as air travel rebounds...

Published 12 Dec, 2022 06:07am

Air travel FED reduced to Rs30,000

ISLAMABAD: To give relief to the rich/wealthy class, the government has decided to reduce the federal excise duty...

Updated 06 Jul, 2022 09:33am

Business & Finance

Air travel FED not applicable on tickets issued before July 1: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) announced Saturday night that the enhanced rate of the Federal Excise...

Published 03 Jul, 2022 05:39am

Business & Finance

Dubai Islamic Bank, flydubai sign agreement

KARACHI: Dubai Islamic Bank & flydubai sign an agreement to facilitate air travel for bank’s customers. With...

Published 26 Apr, 2022 06:07am

Markets

Asia Distillates: Jet fuel cracks, cash premiums slip

SINGAPORE: Asian refining margins for jet fuel dipped on Tuesday but remained within close sight of a more than...

Published 16 Feb, 2022 06:20am

World

US airport chaos as more than 2,700 flights cancelled

WASHINGTON: Air travel continued to be severely disrupted in the United States on Saturday, with bad weather in ...

Published 02 Jan, 2022 10:12am

World

US Thanksgiving air travel set to be busiest since pandemic began

CHICAGO: Airports and commercial airlines across the United States registered one of their busiest days since before...

Published 26 Nov, 2021 05:15am

Pakistan

Unvaccinated people banned from domestic air travel

KARACHI: The Civil Aviation Authority of Pakistan has Thursday rolled out new guidelines making vaccination...

Published 03 Sep, 2021 04:58am

Pakistan

Unvaccinated people: NCOC tightens curbs

ISLAMABAD: The National Command and Operation Centre (NCOC), in its special guidelines under Obligatory Regime for...

Published 03 Sep, 2021 04:58am

Air travel: Complete vaccination certificates a must after September 10

ISLAMABAD: The National Command and Operation Centre (NCOC) Wednesday announced no citizen will be allowed air ...

Updated 12 Aug, 2021 10:30am

Pakistan

Unvaccinated over-18s barred from domestic air travel

KARACHI: No citizen above 18 years will be allowed to undertake domestic air travel without vaccination by August 1,...

Published 27 Jul, 2021 04:40am

Pakistan

NCOC recommends banning air travel for unvaccinated people from August 1

Instructions come in wake of rising Covid-19 cases in the country

Published 09 Jul, 2021 07:11pm

Business & Finance

United Airlines unveils plan to revive supersonic jet travel

The agreement covers 15 planes and includes an option for United to obtain another 35 aircraft. The companies did not disclose financial terms.

Published 03 Jun, 2021 07:01pm

NCOC recommends ban on inbound flights from May 5

The NCOC has recommended a ban on all commercial and chartered incoming flights from May 05 to May 20.
The decision will be reviewed again on May 18.

Updated 29 Apr, 2021 10:33pm

Business & Finance

Delta sees profit later this year as it posts another dismal quarter

Air travel, stifled by the COVID-19 pandemic, is widely expected to rebound in the second half of 2021 as wide vaccine rollouts encourage travel and drive summer bookings.
"A year after the onset of the pandemic, travelers are gaining confidence and beginning to reclaim their lives," Delta Chief Executive Officer Ed Bastian said in a statement.

Published 15 Apr, 2021 06:40pm

Business & Finance

Airbus deliveries surge in March, sending shares higher

But the company’s net orders - which are adjusted for cancellations - remained in negative territory for the first quarter, with a total of minus 61 net orders dominated by a Norwegian cancellation unveiled in the previous month.

Published 10 Apr, 2021 10:18am

Business & Finance

Lufthansa unit Swiss could announce more job cuts

ZURICH: Deutsche Lufthansa’s unit Swiss could announce additional job cuts in the second quarter as the pandemic...

Published 30 Mar, 2021 05:45am

World

France weighing digital Covid pass for air travel

The system would require partnerships with testing facilities that would provide the digital proof.

Published 11 Mar, 2021 05:12pm

Business & Finance

Heathrow charging departing passenger extra to cover pandemic costs

The Heathrow airport in London is charging an extra 8.90 pounds ($12.40) to departing passengers to cover costs of falling air travel due to the COVID-19 pandemic.

Published 01 Mar, 2021 01:21pm

Business & Finance

EU prolongs regulatory relief for airlines as travel demand falls

The European Union will prolong pandemic-induced regulatory relief for airlines as border closures and lockdown restrictions wipe out air travel.

Published 11 Feb, 2021 05:59pm

Business & Finance

Boeing reports $11.9bn annual loss

NEW YORK: Boeing concluded a bruising 2020 on Wednesday with another unpleasant surprise: a $6.5 billion hit from...

Published 28 Jan, 2021 04:40am

Business & Finance

Airbus to launch a carbon-free aircraft by 2035

Airbus hopes to become an international pioneer in the aerospace sector by launching a carbon-free commercial aircraft by 2035.
The engines in these carbon-free commercial aircrafts will be adapted to burn liquid hydrogen stored in the rear fuselage.

Updated 04 Jan, 2021 02:27pm

World

New COVID variant: Over 30 countries cut air travel ties with Britain

The European Union has called a crisis management meeting after Britain’s PM Boris Johnson ordered a wholesale lockdown on London
Britain's Health Secretary declares the new strain is out of control

Published 21 Dec, 2020 01:16pm

Business & Finance

PIA starting flights to another Saudi City

The Pakistan International Airlines (PIA) has announced that it will begin flight operations to and from Abha to facilitate Pakistanis living there.

Published 15 Dec, 2020 02:49pm

Business & Finance

AirSial Announces Free Travel for Accompanying Deceased

AirSial Limited announces free travel facility for one person accompanying a deceased.

Updated 14 Dec, 2020 04:37pm

Business & Finance

PIA Adds 8 New Aircrafts on Dry Lease & Agrees to Daily Cargo Flights to China

PIA will be adding 8 new narrow-body aircraft to its fleet on dry lease.
The national aircraft carrier has also signed an agreement with Oriental Sky Aviation Ltd to send daily direct cargo flights to China.

Updated 03 Dec, 2020 05:01pm

Business & Finance

Emirates hopes for A380s Return As Air Travel Recovers with Vaccine News

Emirates hopes that its full fleet of jumbo Airbus SE A380 jets will return to the skies by early 2022 as coronavirus vaccine becomes more accessible across the globe.

Published 25 Nov, 2020 03:25pm

Business & Finance

Covid-19 Vaccination A Necessity for Overseas Travel: Qantas Airways

Qantas Airways Ltd. plans to make Covid-19 vaccination a necessity for overseas travel through its airline - other airlines might follow suit.

Published 24 Nov, 2020 03:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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