Under the new business plan in line with the vision of Prime Minister Imran Khan, the federal government has decided to add seven new aircraft to the fleet of Pakistan International Airlines (PIA) in the latest move for reviving the state-owned entity.
Two Airbus 320 planes will be added to the PIA’s fleet in October, whereas, five more aircraft will be acquired next year on dry lease which would increase the total number of planes to 37, fleet will be expanded to more than 45 planes within the period of four years, sources said.
Moreover, the administration of PIA also decided to introduce new routes that would be made possible through the addition of new aircraft.
PIA finalized plan to operate two flights in a week from Sialkot to Kuwait besides gradually hiking the number of flights to Dubai, Abu Dhabi, Muscat and Doha.
The administration of Pakistan International Airlines (PIA) witnessed a record rise in revenue up to 45 percent which benefitted the entity Rs63 billion as it started bearing fruits of its reformations and austerity drive.
The milestone was achieved by the major cut on unnecessary expenditures up to Rs3 billion which is now reduced to Rs1.70 billion by the administration of the current PIA chief executive officer Air Marshal Arshad Malik.
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27 September, 2019