Pakistan International Airlines (PIA) has decided to launch a premier service at some of the selected routes on Pakistan’s Independence Day (August 14) this year.
“New leased PIA planes. Day not far when PIA will be at par with the world’s finest airlines IA. That’s Nawaz Sharif!” PM’s daughter Maryam Nawaz Sharif said.
She revealed pictures of wide-body high-tech aircrafts through her Twitter account.
New leased PIA planes. Day not far when PIA will be at par with the world’s finest airlines IA. That’s Nawaz Sharif! pic.twitter.com/OBubZiFt1r
— Maryam Nawaz Sharif (@MaryamNSharif) 25 July 2016
Last week, PIA Spokesman Danyal Gillani said the service would be initiated on some of the domestic routes and a few of the international routes initially.
“However, the airline is in the process of finalising the modalities and I will only be in a position to explain the details once these are finalised,” he added.
He said that PIA was negotiating with Sri Lankan Airlines for the lease of four A-330 aircrafts. PIA had advertised for leasing wide body aircrafts last month and Sri Lanka’s national carrier expressed interest in leasing out its four new wide body A-330 aircrafts.
Therefore, a high-level team of PIA led by CEO Bernd Hildenbrand recently visited Colombo to inspect these aircrafts and to negotiate the contract, he said.
These aircrafts would primarily be used for PIA’s premier service which was being launched from mid-August.
“With new aircrafts, more professional crew and improved service standards, the new service aims at providing an altogether different experience to the passengers. This service will go a long way in helping PIA regain its market share both domestically as well as internationally,” said Gillani.
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!!!
No, you are wrong here!
Its on dry lease, i do not know about numbers but i am 100% sure that it is a dry lease and Pakistani crew will operate flights.
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