Pakistan Revenue
KARACHI: The State Bank of Pakistan (SBP) on Monday approved Sukuk to be issued by Pakistan International Airlines Company Limited (PIACL) for the requirement of Statutory Liquidity Requirement (SLR). The SBP said that in terms of Government of Pakistan, Ministry of Finance notification S.R.O. 746(I)/2021 dated May 31, 2021, the privately placed Sukuk to be […]
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KARACHI: Pakistan International Airlines (PIA) has escaped from any financial loss as a result of Airbus A-320 that was crashed on May 22, 2020 a claimed 97 lives, according to annual result for the period ended December 31, 2020. According to the report, the Airbus A-320 was crashed in an accident on May 22, 2020. […]
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ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday recommended to present restructuring plan of Pakistan International Airlines Corporation Limited (PIACL) before the federal cabinet after reconciliation of tax liabilities. Sources in Large Taxpayers Office (LTO) Karachi said that billions of rupee as tax liability was pending against the PIACL. Federal Minister for […]
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KARACHI: Pakistan International Airlines (PIA) has announced a 10 percent discount on air tickets of both domestic and international flights to members and staff of Karachi Chamber of Commerce and Industry (KCCI). The discount is available to members and staff at newly PIA outlet inaugurated at KCCI premises, a statement said on Wednesday. The discount […]
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KARACHI: Pakistan International Airlines (PIA) has declared net loss of Rs39.85 billion for the nine-month period ended on September 30, 2020, which is mainly attributed to 31 percent decline in total revenue. According to financial results submitted to Pakistan Stock Exchange, the net losses of the national flag carrier slightly contracted when compared with the […]
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KARACHI: Federal Investigation Agency (FIA) Corporate Crime Circle, Karachi has arrested former executives of Pakistan International Airlines (PIA) in an illegal appointment case, a press release said on Saturday. It said that the FIA, CCC, Karachi on October 15, 2020 registered FIR against accused Aijaz Haroon, former Managing Director, PIA; Salim Sayani, former DMD, PIA […]
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KARACHI: The national flag carrier, Pakistan International Airline, has declared after tax loss of Rs56 billion for the year 2019, according to financial results submitted to Pakistan Stock Exchange (PSX) on Monday. The national flag carrier managed to reduce the annual loss by Rs10.66 billion from last year’s loss of Rs66.66 billion. The net revenue […]
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KARACHI: Pakistan International Airlines (PIA) has been allowed to conduct direct flight operation and airlift Pakistani nationals from the United State of America (USA). The US Department of Transportation on Thursday issued special authorization to permit up to twelve round-trip or one-way planeload charter flights, carrying passengers and cargo, between a point or points outside […]
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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.
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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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