April 19, 2024

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Pakistan Revenue

Tag: PIA

PIA slashes UAE fares up to 30 percent for providing relief to stranded Pakistanis
Apr 24
National

PIA slashes UAE fares up to 30 percent for providing relief to stranded Pakistanis

ISLAMABAD: Pakistan International Airline (PIA) has slashed fares of its special flights up to 30 percent in order to provide relief to stranded Pakistanis in United Arab Emirates (UAE) due to coronavirus pandemic. Special Assistant to the Prime Minister (SAPM) on Overseas Pakistanis and Human Resource Development Sayed Zulfikar Abbas Bukhari told this to the […]

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PIA declares 17% loss for six-month period
Feb 12
Corporate, National

PIA declares 17% loss for six-month period

KARACHI: Pakistan International Airlines (PIA) has announced 17 percent loss for six months period ended June 30, 2019. According to financial results submitted to Pakistan Stock Exchange (PSX) on Wednesday, the national flag carrier recorded losses of Rs37.89 billion for the six months period ended June 30, 2019 as compared with Rs32.411 billion in the […]

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PIA stops persons travelling on fake Canadian visas
Jan 18
National

PIA stops persons travelling on fake Canadian visas

KARACHI: The task force of Pakistan International Airlines (PIA) on Friday intercepted two passengers from Canada-bound flight following discovery of travelling on fake electronic visa. The PIA taskforce at Lahore Airport took timely action and denied the passengers travelling through national carrier to Canada. The passengers later handed over to Federal Investigation Agency (FIA) for […]

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Birds hit two PIA aircraft
Jan 7
National

Birds hit two PIA aircraft

KARACHI: At least two aircraft of Pakistan International Airlines (PIA) were damaged in bird-strike incidents which were took place at Karachi Airport, a spokesman said on Monday. “Today two aircraft were hit by birds once again. Both incidents took place at the Karachi airport,” PIA spokesman Abdullah Khan said. The spokesman said that flight number […]

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PIA declares Rs67.32 billion annual loss
Nov 22
Corporate

PIA declares Rs67.32 billion annual loss

KARACHI: Pakistan International Airlines (PIA) – the national flag carrier – has declared after tax loss of Rs67.32 billion for the year ended December 31, 2018. According to financial statement of the national flag carrier shared with the Pakistan Stock Exchange (PSX) on Friday, the annual loss of the company further ballooned by 32 percent […]

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PIA’s empty flights cause Rs184 million losses
Sep 20
Corporate

PIA’s empty flights cause Rs184 million losses

KARACHI: The Auditor General of Pakistan (AGP) has detected Rs184 million losses due mismanagement by Pakistan International Airlines (PIA) for carrying empty flights. The AGP in its audit report for PIA Islamabad Office for the year 2016/2016, observed that 46 flights were operated without any passenger, resulting loss of Rs184 million. These flights are other […]

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