Tag: Pia

Another dreadful year for PIA

LAHORE - PIA's misery continued in 2010, as it incurred a loss (after tax) of Rs 20 billion, raising the total tally of losses to Rs 92 billion at the year-end. The past six years have been dreadful for the National Airline, undergoing persistent losses, despite tall claims that the most turbulent period of the airline's history has marked an end.
The Report indicated that, during the three year tenure of Captain Aijaz Haroon as Managing Director, the airline incurred an

PM directs PIA to send 747 aircraft to collect Pakistanis from...

ISLAMABAD - On the specific directions of Prime Minister Syed Yusuf Raza Gilani ,Pakistan International Airline (PIA) in coordination with the Ministry of Defence and Foreign Affairs has send a Boeing 747 (Jumbo) to collect Pakistanis who have crossed over from Libya to Tunisia.
The aero-plan with capacity to carry 465 persons has left for the city of Dejerba in Tunisia.
According to information received, around four to five hundred Pakistanis have managed to cross the

IATA gives thumbs up to PIA Training Centre

KARACHI - The Pakistan International Airlines (PIA) Training Centre has become the first aviation training centre in South Asia to be authorised by the International Air Transport Association (IATA).
The PIA Training Centre will offer IATA courses for the aviation sector in collaboration with IATA to provide quality training that will benefit the travel and cargo agencies as well as regional airlines. The IATA certified training courses offered initially will include airline

Now Umra scam! – Operators, PIA team up to fleece pilgrims

LAHORE - After the much-publicised Haj scam, it should not be a surprise for anyone if one day you hear about an Umra scandal. The reason is simple. The travel agents with connivance of the national flag carrier are all set to fleece innocent pilgrims.
Aviation industry experts estimate that Pakistan International Airlines (PIA)'s partnership with some blue-eyed travel agents will cost around Rs 1.6 billion to the general public. A survey conducted by Pakistan Today reveals that

Father of PIA IT director laid to rest

KARACHI - Abdul Ghani, father of PIA's IT Director Irshad Ghani, was laid to rest at Defence graveyard on Monday. The funeral was attended by PIA Managing Director Nadeem Khan Yousufzai, directors, general managers and other officials and staff of the airline. The soyem will be held at B-26 Darakhshan Villas, Street No. 38 (near The City School) Phase VI, DHA, Karachi on March 29, 2011 after Asr prayers.

PIA touts record revenues

KARACHI - PIA's 331st Board of Directors Meeting was held at PIA Head Office, Karachi. The board approved the financial statements for FY 2010. PIA posted the highest revenue in its history despite an unfavorable economic and security situation. The total revenue earned was Rs 107.53 billion which was 13.7 percent higher than the same time last year.
The gross profit for the year was Rs 14.972 billion. While the corporation has posted a net profit drawn from operations of Rs 720

Zareen inaugurates PIA Industrial Home

LAHORE - Zareen Khan Yousufzai, wife of PIA Managing Director Nadeem Khan Yousufzai inaugurated the PIA Industrial Home at the airline's Head Office. While gracing the occasion, PIA Managing Director Nadeem Khan Yousufzai expressed his views and forwarded his full support for this new project of PIA Industrial Home.
"We must endeavor best of our abilities in order to restore the positive image of the National Flag Carrier," said PIA MD. He said that PIA has always supported the

Balochistan MPs slam drone attacks, high PIA fares

QUETTA - Members of the Balochistan Assembly have expressed serious concern over the non-availability of fuel for trains and high fares of PIA flights for Balochistan, while condemning US drone attacks on a gathering of tribal elders in North Waziristan Agency.
The assembly session started with Speaker Muhammad Aslam Bhootani in the chair on Friday evening and the House offered fateha for the people killed in Thursday's drone attack in Datta Khel, soon after recitation from the

‘PIA needs Rs 58b bailout package’

ISLAMABAD - The National Assembly Standing Committee on Defence was told Monday that the Pakistan International Airlines (PIA) needs Rs 58 billion bailout package which included Rs 45 billion for debt services while Rs 13 billion for immediate liabilities payment. PIA's Director Finance Faisal Malik and Secretary Defense Lieutenant General (Retd) Syed Athar Ali were briefing the standing committee.
Athar Ali told the committee that the government had decided not to sell two PIA

Government extends guarantee for Rs 5 billion PIA loan by two...

ISLAMABAD - The Economic Coordination Committee of the cabinet (ECC) on Tuesday decided to extend by two years the government guarantees for Rs 5 billion loans of the Pakistan International Airlines Corporation (PIAC), approved conversion of Rs 1 billion loans of the Heavy Electrical Complex (HEC) as government equity to make the entity viable for privatisation and formed a sub-committee to decide the quantity of strategic reserves of wheat to be maintained.
Finance Minister Dr

PIA rescues 195 stranded Pakistanis from Libya unrest

KARACHI - The Pakistan International Airlines (PIA) has always played a pivotal role in relief efforts during difficult times faced by Pakistani nationals, and this time too the national carrier provided facilitation and assistance in bringing back the stranded Pakistanis from Turkey due to unrest in Libya. On the instructions of PIA Managing Director Nadeem Khan Yousufzai, the PIA arranged a relief flight to Marmaris (Turkey) to bring back the stranded Pakistanis who had arrived in

‘PIA will outfight competition’

LAHORE - Officials of the national flag carrier have to team up and make the airline profitable. Pakistan International Airline (PIA) is not afraid from the prevailing competition in aviation industry. This was stated by PIA Managing Director Nadeem Khan Yousufzai, while meeting representatives of the Joint Action Committee of PIA Employees (JAC).
He assured the JAC representatives management support and said that the PIA would provide better facilities to PIA employees. He,

More Boeing 777s for PIA – PC objects to purchase procedure

ISLAMABAD - The Planning Commission has raised a number of objections over the procedure adopted by the management of Pakistan International Airlines (PIA) to purchase eight Boeing 777 aircraft worth millions of dollars.
According to the sources in Planning Commission, it has pointed that the feasibility for the project is also not prepared. "Whether the bids to acquire used aircraft were invited, was competitive climate ensured and airbus offer was received or not," are also

Altaf congratulates PIA workers

KARACHI - MQM chief Altaf Husain has congratulated the employees of the Pakistan International Airline (PIA) for solving their problems with the federal government and the national flag carrier's administration through negotiations. He also congratulated Interior Minister Rehman Malik for playing a leading role in solving the problems amicably.
Congratulating PIA pilots, engineers, technicians, airhostesses and other employees, he called upon them to work with diligence.

PIA, NBP in National Hockey C’ship final

LAHORE - Title favourites PIA and National Bank have qualified for the final of the 58th National Hockey Championship to be played at the Faisalabad Hockey Stadium today. Pakistan Hockey Federation Qasim Zia will be the chief guest of the final and distribute the prizes among the winners.
On Saturday, the two semi-finals were played and the NBP fought hard for a win against WAPDA while PIA surpassed tough challenge posed by the SSGC. Interestingly, both the semi-finals entered

Friend replaces friend to run PIA

KARACHI - The newly appointed managing director of the Pakistan International Airlines (PIA), Nadeem Khan Yousufzai, is a close friend of Ubaid Jatoi - a classmate of President Asif Ali Zardari at Cadet College Petaro - who managed to get Nadeem appointed as PIA MD to replace his other friend, Captain Ijaz Haroon.
Sources told Pakistan Today that Jatoi wAs the first officer of PIA and had links in the power corridors. He managed to get Nadeem appointed as the Civil Aviation

PIA crisis ends with MD’s resignation

KARACHI: The ongoing impasse between the PIA administration and employees finally came to an end after four days of violent protests, with the national flag carrier's Managing Director (MD) Aijaz Haroon's resignation on Friday.
With the announcement that the MD had resigned, there were scenes of jubilation at the Karachi airport as PIA employees, who were brutally baton-charged and beaten up by the law enforcement agencies earlier in the day, celebrated their success. The Defence