AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,495 Increased By 50 (0.48%)
BR30 31,202 Increased By 12.3 (0.04%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

PIA in the last two years has been badly hurt by the exorbitant increase in fuel price reaching a high level $78 per barrel which had also adversely impacted the entire aviation industry resulting in an overall loss of $8 billion.
Taking due cognisance of this abnormal situation, PIA had already embarked upon a strategy to further enhance its revenue while containing all manageable cost without compromising the basic concept of three 'Cs' for the ultimate passenger convenience. The PIA task has now become more achievable with the softening of fuel prices which now is around $58 per barrel.
The management initiatives include e-ticketing, web-based booking, friendly frequent flyer programme, installation of state-of-the-art revenue management system, which provides for an incremental revenue of 2 to 7 percent in 2007.
Apart from this, the PIA plan also caters to refurbishment of its existing fleet while inducting three more 777 aircraft for deliveries starting from mid-December 2006 till February 2007 thus making a total of eight 777 family aircraft in PIA along with the induction of six ATR aircraft to augment PIA's feeder network.
In view of the initiatives being taken by the PIA management in all sphere of airline activity, including induction of fuel-efficient aircraft, the airline is confident of regaining its lost profit base and will continue to operate as a profitable airline during 2007 and onwards.

Copyright News Network International, 2006

Comments

Comments are closed.