Trends - airlines - Business Recorder

airlines

A Safari in Karachi

There is an alarming increase in the number of some species of animals that dominate the landscape in Karachi. This...

Published 19 Oct, 2024 06:48am

World

Airlines suspend flights as Middle East tensions rise

Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the...

Published 18 Oct, 2024 06:13pm

World

Airlines avoid some Mideast airspace, cancel Israel flights as tensions mount

Airlines are avoiding Iranian and Lebanese airspace and cancelling flights to Israel and Lebanon, as concerns grow...

Published 02 Aug, 2024 01:40pm

Pakistan

Major IT outage disrupts banks, air lines, digital payments

ISLAMABAD: A faulty update from cyber security provider, CrowdStrike, caused a significant global IT outage,...

Published 20 Jul, 2024 05:34am

World

Airlines eye ‘new frontier’ of AI ahead of global summit

DUBAI: Airlines may not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts...

Published 03 Jun, 2024 10:44am

Pakistan

PIA privatisation: deadline for EoI submission not expected to be extended further

The deadline for companies to express their interest in buying national carrier Pakistan International Airlines...

Updated 16 May, 2024 10:43pm

World

Major airlines sue Biden administration over fee disclosure rule

WASHINGTON: Major US airlines are suing the US Transportation Department over a new rule requiring upfront ...

Published 14 May, 2024 05:18am

Pakistan

PCAA, association spar over ‘exorbitant’ UK exam fee for pilots

A private association of aircraft owners and operators and Pakistan Civil Aviation Authority (PCAA) are currently...

Published 05 Jul, 2023 09:11pm

Business & Finance

Air travel to soar near record in 2023: industry group

ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector’s...

Published 06 Jun, 2023 05:33am

Business & Finance

TAAP team meets FPCCI chief: ‘Massive mismanagement in forex blocks remittance of airlines’ proceeds since 10 months’

KARACHI: Irfan Iqbal Sheikh, President FPCCI, has apprised the federal government, State Bank, Civil Aviation...

Published 20 Apr, 2023 06:30am

World

Airlines face hurdles in benefiting from China’s reopening

NEW YORK: US and European airlines will benefit from pent-up demand for travel to China after its recent border...

Published 23 Jan, 2023 05:57am

World

Power outage forces Philippines to suspend flights, shut airspace

MANILA: Philippine authorities halted flights in and out of Manila on New Year’s Day due to a malfunction of air...

Published 02 Jan, 2023 07:38am

World

Israel’s El Al Airlines agrees to repay state’s Covid loan by year end

OCCUPIED JERUSALEM: El Al Israel Airlines plans to repay a $45 million loan that it took from the government during...

Published 12 Sep, 2022 06:01am

Pakistan

Issuance of boarding pass to be linked to currency declaration at airports: Customs

KARACHI: Incoming passengers as well as those travelling from Pakistan will have to declare the foreign currency in...

Published 22 Aug, 2022 08:57pm

Supertax likely to generate additional Rs200bn

KARACHI: The imposition of one time supertax at 10 percent on big corporates is likely to help the coalition...

Updated 25 Jun, 2022 11:24am

Pakistan

Watch: Finance Minister Miftah Ismail's entire address in National Assembly

Clarifies super tax of 4% will be applicable to all sectors.
For specified 13 sectors, another 6% will be added for a total of 10%
Their tax rates will go from 29% to 39%
This is a one-time tax aimed at curtailing previous four record budget deficits, says Miftah

Published 24 Jun, 2022 02:45pm

Pakistan

Super tax a one-time levy, will help narrow budget deficit: Miftah Ismail

Finance minister says tax applicable for FY23, announces reduction in sales tax on large shops

Updated 24 Jun, 2022 05:58pm

World

Problems soar for airlines despite pandemic recovery

PARIS: Desperate to put the coronavirus pandemic behind them, airlines will hold talks on Sunday ahead of a ...

Updated 17 Jun, 2022 11:16am

Business & Finance

Emirates A380 planes pay homage to Dubai’s Museum of the Future

The first Emirates A380 to sport the new livery was set to fly to Los Angeles, US on May 5

Published 06 May, 2022 01:00am

Business & Finance

Private jets soar past global pandemic, oil price woes

GENEVA: Airlines may find themselves swept up in unprecedented turbulence – with air travel shunned over climate...

Published 13 Mar, 2022 10:27am

World

Russia bans airlines from 36 countries

MOSCOW: Russia announced Monday it was banning flights by airlines from 36 countries including Britain and Germany ...

Updated 28 Feb, 2022 08:39pm

Opinion

Aviation fears grow over Russia fallout from Ukraine crisis

Airlines and the leasing companies that control billions of dollars’ worth of passenger jets are drawing up...

Published 16 Feb, 2022 06:20am

World

Aviation fears grow over Russia fallout from Ukraine crisis

PARIS/MONTREAL: Airlines and the leasing companies that control billions of dolllars' worth of passenger jets are...

Updated 15 Feb, 2022 01:50pm

Pakistan

PIA emerges as non-filer of FED, sales tax returns

Arrears running into billions of rupees remain pending

Updated 25 Jan, 2022 08:47pm

World

Millions travel across US as airlines cancel flights over Covid

WASHINGTON: Millions of Americans are traveling before Christmas even as national Omicron Covid-19 infections ...

Published 25 Dec, 2021 05:02am

World

Dubai Airshow: Grounded for months, the world now gears up for takeoff

Airbus and Boeing secure big orders, but long road to recovery left to travel

Published 17 Nov, 2021 12:37am

Business & Finance

Airlines gear up for travel surge as US reopens

NEW YORK: Airline reservations to the United States took off immediately after the White House announced the country...

Published 08 Nov, 2021 05:19am

Pakistan

CAA takes action against local carriers for cancelling scheduled domestic flights

Pakistan Civil Aviation Authority (CAA) has taken action against four airlines including the national carrier for...

Published 20 Oct, 2021 07:03pm

Business & Finance

Airlines to lose $51.8bn in 2021, stay in red in 2022: IATA

BOSTON: Global airlines will lose an estimated $51.8 billion in 2021 and another $11.6 billion in 2022 in the...

Published 04 Oct, 2021 06:48pm

World

Taliban ask airlines to resume international flights to Afghanistan

The Taliban government in Afghanistan appealed on Sunday for international flights to be resumed, promising full...

Updated 26 Sep, 2021 05:54pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

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