The Pakistan International Airline (PIA) has sought a bailout package worth Rs 23 billion Pakistani currency (approx. 75 million USD) from the government to continue its services amid the huge debt burden.
Emirates, the world’s largest international airline, marks one of its busiest summers ever, carrying over 14 million passengers with average seat load factors exceeding 80 per cent across its global network between June and August.
Pakistan International Airlines (PIA), the country's main airline is once again in hot waters as the Federal Board of Revenue (FBR) froze its account on the basis of non-payment of more than Rs 2 billion in taxes, according to ARY News.
PIA flights to Europe and the UK were suspended after the European Union's Aviation Safety Agency (EASA) revoked the national carrier's authorisation to fly to the bloc in 2020 following a fake pilot licence scandal in Pakistan, The Express Tribune reported.
The government is thinking of bringing in specialists to draw a time-bound restructuring plan through shadow management in light of the total accumulated losses, which have exceeded PKR 600 billion.
Two PIA air hostesses from a post-Hajj flight got wounded after their speeding vehicle hit another car in the parking area of the Lahore airport. The wounded flight attendants were shifted to the hospital via ambulances.
The Pakistan International Airlines (PIA) spokesperson said that several flights have been diverted to Multan airport owing to bad weather in Lahore and Islamabad.
"The pilot had to avoid CB clouds and wind gushes so he turned eastwards. The Lahore airport is a few miles from international borders. ATC Lahore handed the plane to Delhi FIR and after seeking permission from them it detoured from using the eastern route, avoiding the weather system altoge
The incident occurred on May 4, at 8 pm, when the PIA flight PK248 returned from Muscat. The pilot attempted to land at the Allama Iqbal International Airport but could not due to the heavy rain. Acting upon the instructions from the air traffic controller, the pilot went on a go-round. Howe
The largest airline of Pakistan - Pakistan International Airlines (PIA) has raised flight fares from Islamabad to Skardu is Rs 39,700 and for Gilgit Rs 29,200.
Recently, a Pakistan News outlet ARY News stated that PIA has tax debts amounting to over Rs 400 billion (USD 1.4 billion). The carrier had also recently asked for a government bailout to the tune of Rs 45 billion (USD 157 million).