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airlines

PCAA, association spar over ‘exorbitant’ UK exam fee for pilots

A private association of aircraft owners and operators and Pakistan Civil Aviation Authority (PCAA) are currently...

Published 05 Jul, 2023 09:11pm

Business & Finance

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

Business & Finance

TAAP team meets FPCCI chief: ‘Massive mismanagement in forex blocks remittance of airlines’ proceeds since 10 months’

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has apprised the federal government, State Bank, Civil Aviation...

Published 20 Apr, 2023 06:30am

World

Airlines face hurdles in benefiting from China’s reopening

NEW YORK: US and European airlines will benefit from pent-up demand for travel to China after its recent border...

Published 23 Jan, 2023 05:57am

World

Power outage forces Philippines to suspend flights, shut airspace

MANILA: Philippine authorities halted flights in and out of Manila on New Year’s Day due to a malfunction of air...

Published 02 Jan, 2023 07:38am

World

Israel’s El Al Airlines agrees to repay state’s Covid loan by year end

OCCUPIED JERUSALEM: El Al Israel Airlines plans to repay a $45 million loan that it took from the government during...

Published 12 Sep, 2022 06:01am

Pakistan

Issuance of boarding pass to be linked to currency declaration at airports: Customs

KARACHI: Incoming passengers as well as those travelling from Pakistan will have to declare the foreign currency in...

Published 22 Aug, 2022 08:57pm

Supertax likely to generate additional Rs200bn

KARACHI: The imposition of one time supertax at 10 percent on big corporates is likely to help the coalition...

Updated 25 Jun, 2022 11:24am

Pakistan

Watch: Finance Minister Miftah Ismail's entire address in National Assembly

Clarifies super tax of 4% will be applicable to all sectors.
For specified 13 sectors, another 6% will be added for a total of 10%
Their tax rates will go from 29% to 39%
This is a one-time tax aimed at curtailing previous four record budget deficits, says Miftah

Published 24 Jun, 2022 02:45pm

Pakistan

Super tax a one-time levy, will help narrow budget deficit: Miftah Ismail

Finance minister says tax applicable for FY23, announces reduction in sales tax on large shops

Updated 24 Jun, 2022 05:58pm

World

Problems soar for airlines despite pandemic recovery

PARIS: Desperate to put the coronavirus pandemic behind them, airlines will hold talks on Sunday ahead of a ...

Updated 17 Jun, 2022 11:16am

Business & Finance

Emirates A380 planes pay homage to Dubai’s Museum of the Future

The first Emirates A380 to sport the new livery was set to fly to Los Angeles, US on May 5

Published 06 May, 2022 01:00am

Business & Finance

Private jets soar past global pandemic, oil price woes

GENEVA: Airlines may find themselves swept up in unprecedented turbulence – with air travel shunned over climate...

Published 13 Mar, 2022 10:27am

World

Russia bans airlines from 36 countries

MOSCOW: Russia announced Monday it was banning flights by airlines from 36 countries including Britain and Germany ...

Updated 28 Feb, 2022 08:39pm

Opinion

Aviation fears grow over Russia fallout from Ukraine crisis

Airlines and the leasing companies that control billions of dollars’ worth of passenger jets are drawing up...

Published 16 Feb, 2022 06:20am

World

Aviation fears grow over Russia fallout from Ukraine crisis

PARIS/MONTREAL: Airlines and the leasing companies that control billions of dolllars' worth of passenger jets are...

Updated 15 Feb, 2022 01:50pm

Pakistan

PIA emerges as non-filer of FED, sales tax returns

Arrears running into billions of rupees remain pending

Updated 25 Jan, 2022 08:47pm

World

Millions travel across US as airlines cancel flights over Covid

WASHINGTON: Millions of Americans are traveling before Christmas even as national Omicron Covid-19 infections ...

Published 25 Dec, 2021 05:02am

World

Dubai Airshow: Grounded for months, the world now gears up for takeoff

Airbus and Boeing secure big orders, but long road to recovery left to travel

Published 17 Nov, 2021 12:37am

Business & Finance

Airlines gear up for travel surge as US reopens

NEW YORK: Airline reservations to the United States took off immediately after the White House announced the country...

Published 08 Nov, 2021 05:19am

Pakistan

CAA takes action against local carriers for cancelling scheduled domestic flights

Pakistan Civil Aviation Authority (CAA) has taken action against four airlines including the national carrier for...

Published 20 Oct, 2021 07:03pm

Business & Finance

Airlines to lose $51.8bn in 2021, stay in red in 2022: IATA

BOSTON: Global airlines will lose an estimated $51.8 billion in 2021 and another $11.6 billion in 2022 in the...

Published 04 Oct, 2021 06:48pm

World

Taliban ask airlines to resume international flights to Afghanistan

The Taliban government in Afghanistan appealed on Sunday for international flights to be resumed, promising full...

Updated 26 Sep, 2021 05:54pm

Business & Finance

Philippine Airlines files for bankruptcy

MANILA: Philippine Airlines said Saturday it was filing for bankruptcy in the United States to slash $2 billion in...

Published 06 Sep, 2021 06:14am

World

Airlines avoid Afghan airspace

The Afghanistan Civil Aviation Authority said in a "notice to airmen" that "Kabul airspace has been released to the military"

Published 16 Aug, 2021 04:33pm

World

Airlines reroute flights to avoid Afghanistan airspace

United Airlines, British Airways and Virgin Atlantic said they were not using the country's airspace

Published 16 Aug, 2021 10:50am

World

Airlines dust off planes grounded by Covid

ORLY, (France): As travel picks up this summer, airlines are dusting off planes that were grounded during the...

Published 05 Jul, 2021 04:57am

Business & Finance

Bugs and bird nests: Airlines dust off planes grounded by Covid

In Paris this week, a tow tractor grabbed an Air France plane that had been parked outside for a year at Orly Airport

Published 04 Jul, 2021 10:46am

World

More airlines join legal action against UK over travel curbs

EasyJet and tour group TUI said they had joined the action led by Manchester Airports Group (MAG) aimed at challenging the government for an alleged lack of transparency over travel rules.

Published 23 Jun, 2021 05:27pm

World

GE and Safran plan next-generation jet engines

PARIS: General Electric and Safran signed Monday a deal extending their cooperation as they set their sights on...

Published 15 Jun, 2021 03:30am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 10 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 10 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 10 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 10 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 10 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 10 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 10 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 10 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 10 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 10 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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