The Pakistan International Airlines (PIA) has announced that it will launch its ‘Premier Service’ from August 14.
With new aircraft, more professional crew and improved service standards, the new service aims at providing an altogether different experience to passengers, official quarters claimed. This service will go a long way in helping PIA regain its market share both domestically as well as internationally.
“The premier service will better facilitate our customers,” PIA chairman Azam Sehgal told BBC Urdu.
Reportedly, Sri Lanka’s cash-strapped national airline is in talks to lease four of its Airbus A330 planes to Pakistan International Airlines Corp, a government minister said last week.
A team from the airline visited Pakistan for negotiations and will lease one A330 next month on wet lease.
A wet lease refers to when one airline provides an aircraft, crew and maintenance to another.
Sri Lankan would lease three more A330s “in the next few months”, an official said.
The aircraft to be leased were used on loss-making routes to cities such as Frankfurt, Paris, and Rome, which Sri Lankan has decided to cancel.
PIA said in a statement that Sri Lankan airlines had expressed interest in leasing out four new wide body A-330 aircraft to PIA.
PMLN government achieved another milestone. So called PIA PremiumService is the biggest hoax ever and here are the details.
PIA just acquired 4 (1 + 3) A330 planes from SriLankan Airline on wet lease (means Lankan crew will operate these flights). SriLankan government is getting rid of these planes after nationalizing and restructuring their airline and also due to the fact that lease agreement with AerCap was signed at very high rates, at least 20% above the market rate for these planes.
SriLankan previously committed to pay US $ 1.4 million a month for these aircraft to the AerCap. while the industry is leasing them out for amounts of US$ 900,000 to 1,000,000 a month. Today SriLankan was paying at least US$ 400,000 dollars a month extra and they had to continue this for 12 more years. However, SriLankans are at least much smarter than government of Pakistan to figure out their bad decision making and currently aiming to use PIA as dumping grounds for their expensive leases.
This is basic math and even a high school kid can crunch the numbers to extrapolate the fact that this deal is neither viable nor feasible for Pakistan's National Carrier. It didn't make any sense for Lankans at the first place. Yet somehow miraculously and very artistically PMLN wrapped this garbage deal in a fancy slogan of so called premium service once again to sale it to poor and clueless awaam of Pakistan. Either they are too dumb to make such decisions or perhaps someone in PM house got a big cut to bail SriLankan out of their misery. It's beyond ones comprehension when we can instead opt for cheaper direct leases from the international leasing companies for similar quick delivery of aircrafts.
Mian Jee, Why???
Perhaps no commission there for Mr. 10%Plus
Its the same old wine with brand new label of ab-e-zam-zam!!!
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