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Pakistan International Airlines losses increase to Rs 50 billion
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], March 12 (ANI): Pakistan International Airlines (PIA) faced losses of PKR 50 billion during the calendar year in 2021 as compared to 34.6 billion in 2020, which is an increase of 47 per cent, according to a media report.
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Airlines expected to lose USD 84.3 billion in 2020: IATA
Updated : 5 years, 11 months ago IST
Geneva [Switzerland], June 10 (ANI): The International Air Transport Association (IATA) has released its financial outlook for the global air transport industry showing that "airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1 per cent".
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