AGL 40.01 Decreased By ▼ -0.20 (-0.5%)
AIRLINK 127.00 Decreased By ▼ -0.64 (-0.5%)
BOP 6.69 Increased By ▲ 0.02 (0.3%)
CNERGY 4.51 Increased By ▲ 0.06 (1.35%)
DCL 8.64 Decreased By ▼ -0.09 (-1.03%)
DFML 41.04 Decreased By ▼ -0.12 (-0.29%)
DGKC 85.61 Decreased By ▼ -0.50 (-0.58%)
FCCL 33.11 Increased By ▲ 0.55 (1.69%)
FFBL 66.10 Increased By ▲ 1.72 (2.67%)
FFL 11.55 Decreased By ▼ -0.06 (-0.52%)
HUBC 111.11 Decreased By ▼ -1.35 (-1.2%)
HUMNL 14.82 Increased By ▲ 0.01 (0.07%)
KEL 5.17 Increased By ▲ 0.13 (2.58%)
KOSM 7.66 Increased By ▲ 0.30 (4.08%)
MLCF 40.21 Decreased By ▼ -0.12 (-0.3%)
NBP 60.51 Decreased By ▼ -0.57 (-0.93%)
OGDC 194.10 Decreased By ▼ -0.08 (-0.04%)
PAEL 26.72 Decreased By ▼ -0.19 (-0.71%)
PIBTL 7.37 Increased By ▲ 0.09 (1.24%)
PPL 153.79 Increased By ▲ 1.11 (0.73%)
PRL 26.21 Decreased By ▼ -0.01 (-0.04%)
PTC 17.18 Increased By ▲ 1.04 (6.44%)
SEARL 85.60 Decreased By ▼ -0.10 (-0.12%)
TELE 7.57 Decreased By ▼ -0.10 (-1.3%)
TOMCL 34.39 Decreased By ▼ -2.08 (-5.7%)
TPLP 8.82 Increased By ▲ 0.03 (0.34%)
TREET 16.82 Decreased By ▼ -0.02 (-0.12%)
TRG 62.55 Decreased By ▼ -0.19 (-0.3%)
UNITY 27.29 Decreased By ▼ -0.91 (-3.23%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 10,112 Increased By 26 (0.26%)
BR30 31,188 Increased By 17.5 (0.06%)
KSE100 94,996 Increased By 232 (0.24%)
KSE30 29,481 Increased By 71 (0.24%)
Pakistan

PIA to resume direct flights to USA from next year

The national carrier is in the final phase of preparations and will start direct flights to USA from April 2020.
Published November 18, 2019
  • The national carrier is in the final phase of preparations and will start direct flights to USA from April 2020.
  • The monthly operational losses of the airlines had been reduced to Rs1.5 billion.

After recording reduction in operation losses, the Pakistan International Airlines (PIA) would initiate direct flights to the United States from 2020.

As per local media reports, the national carrier is in the final phase of preparations and will start direct flights to the USA from April 2020. The reports state that PIA has sought permission from American officials for it besides providing related documents and plans.

PIA shut down its direct fights operations in the USA due to financial losses, an aspect which was brought under control.

Just days ago, Chief Executive Officer of PIA Air Marshal Arshad Mahmood Malik informed that the monthly operational losses of the airlines had been reduced to Rs 1.5 billion against more than Rs 3 billion monthly losses before he assumed the charge.

“The reduction in operational losses became possible only due to day-night efforts of PIA team comprising those officers who have been working at PIA since last many years," he said, while speaking at an interactive session with members of Karachi Chamber of Commerce and Industry (KCCI) here at the chamber.

The PIA Chief said still a lot needed to be done to deal with PIA's liabilities as whatever is being earned by the airline was mostly consumed on debt servicing, he said.

Comments

Comments are closed.