AGL 39.50 Increased By ▲ 0.17 (0.43%)
AIRLINK 196.30 Increased By ▲ 6.36 (3.35%)
BOP 9.41 Decreased By ▼ -0.10 (-1.05%)
CNERGY 7.10 Decreased By ▼ -0.02 (-0.28%)
DCL 10.11 Decreased By ▼ -0.11 (-1.08%)
DFML 41.11 Decreased By ▼ -0.57 (-1.37%)
DGKC 107.65 Decreased By ▼ -2.17 (-1.98%)
FCCL 37.89 Decreased By ▼ -0.27 (-0.71%)
FFBL 94.99 Decreased By ▼ -1.27 (-1.32%)
FFL 14.84 Decreased By ▼ -0.05 (-0.34%)
HUBC 130.30 Increased By ▲ 1.47 (1.14%)
HUMNL 14.45 Decreased By ▼ -0.07 (-0.48%)
KEL 6.13 Decreased By ▼ -0.06 (-0.97%)
KOSM 8.04 Increased By ▲ 0.05 (0.63%)
MLCF 50.00 Increased By ▲ 0.02 (0.04%)
NBP 71.50 Decreased By ▼ -0.93 (-1.28%)
OGDC 234.00 Increased By ▲ 0.71 (0.3%)
PAEL 35.20 Increased By ▲ 0.08 (0.23%)
PIBTL 9.40 Increased By ▲ 0.04 (0.43%)
PPL 212.11 Increased By ▲ 0.71 (0.34%)
PRL 36.50 Decreased By ▼ -0.02 (-0.05%)
PTC 25.80 Decreased By ▼ -0.24 (-0.92%)
SEARL 113.94 Decreased By ▼ -0.86 (-0.75%)
TELE 9.40 Decreased By ▼ -0.01 (-0.11%)
TOMCL 38.10 Decreased By ▼ -0.50 (-1.3%)
TPLP 12.75 Decreased By ▼ -0.04 (-0.31%)
TREET 26.25 Increased By ▲ 0.27 (1.04%)
TRG 61.40 Decreased By ▼ -0.60 (-0.97%)
UNITY 35.50 Decreased By ▼ -0.07 (-0.2%)
WTL 1.89 Decreased By ▼ -0.03 (-1.56%)
BR100 12,277 Decreased By -69.7 (-0.56%)
BR30 38,775 Decreased By -325.4 (-0.83%)
KSE100 115,721 Decreased By -448.1 (-0.39%)
KSE30 36,465 Decreased By -193.7 (-0.53%)

ISLAMABAD: Minister for Aviation Khawaja Muhammad Asif said the government would have to own Rs800 billion in liabilities of the Pakistan International Airlines (PIA), in order to privatise it. Responding a calling attention notice regarding non-operation by the private airlines on mandatory and secondary routes in the country, the minister said that Rs800 billion is the total liability of the PIA.

He said that that the PIA’s flights to the United Kingdom will be resumed soon.

He said that statement of a then minster (Aviation Minister Ghulam Sarwar Khan) of Pakistan Tehreek-e-Insaf (PTI) government damaged the organisation.

Govt set to start fresh round of its PIA privatisation pursuit

He said that the minister is responsible for the financial woes of PIA and the ban on it imposed by several countries, including the US and the UK.

He said the PIA will qualify to start flights to the UK after qualification as a team of the UK is coming next month (in January) to conduct an audit. He said that PIA owns 15 aircrafts. He said that the PIA has no small aircrafts for flying on primary and secondary routes in Pakistan.

He said PIA’s flights to European Union countries have already been restored as a result of the government’s sustained efforts.

Responding to a calling attention notice regarding internet speed in the country, Parliamentary Secretary Cabinet Division Sajid Mehdi said the government is making efforts to launch 5G technology in Pakistan by April next year to address the issue of slow internet speed.

He said that there are some problems with the internet due to security threats to the country.

Copyright Business Recorder, 2024

Comments

200 characters