PIA board holds meeting over airplane sale

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The Pakistan International Airline (PIA) held a board meeting to discuss the case of Airbus 310 aircraft which was sold to a museum in Germany for only Rs5 million; the plane was no more less than Rs8 million, according to independent estimates.

During the board meeting held on Friday, it was decided that discrepancies in the sale of aircraft will be investigated.

It was revealed in the meeting that PIA has not received any payment from the German museum even though the plane had been handed over to it.

It was also discussed that the aircraft was sold for peanuts.

After its story was aired in media, the issue was first raised in the senate and then in the PIA board meeting.

A board member on condition of anonymity said that one such aircraft was given to an Israeli firm to shoot a film, without taking permission from the government. Sources added that film crew did not pay PIA for use of the aircraft.

Sources added the aircraft was used in the Israeli film and sold to a German museum on the orders of its German CEO Bernd Hildenbrand.

However, PIA officials claimed that without naming who was responsible for selling the aircraft this meeting was just a move to ward off pressure momentarily.