• Mon. Nov 11th, 2024

PIA Is On Verge Of Shutdown As It Cancelled 537 Flights In 11 Days 

PIA Is On Verge Of Shutdown As It Cancelled 537 Flights In 11 Days PIA Is On Verge Of Shutdown As It Cancelled 537 Flights In 11 Days 

Islamabad/Channels/Hyderabad, Oct 27 (Hydnow):  Pakistan International Airlines (PIA) is on the verge of a shutdown as it canceled 537 flights in the past 11 days due to the unavailability of fuel, 

PIA is facing its worst crisis in history as Pakistan State Oil (PSO) has cut its fuel supply over unpaid dues. 

On Thursday, as many as 49 domestic and international flights were canceled from Karachi, Lahore, Islamabad, Quetta, Multan, Peshawar, and other cities after the Pakistan State Oil (PSO) slashed its fuel supply  to the PIA, sources said

Advertisements

The flights include Karachi to Islamabad and Karachi to Turbat, all of which have to be called off. 

Meanwhile, PIA’s Chief Executive Officer ( CEO) Amir Hayat has written a ‘motivation letter’ to the employees amid the financial crisis, closure of the flight operations, and the ongoing privatization process.  

Hayat asked all employees to maintain a concerted focus on ensuring organization compliance through closely-knit teamwork ahead of the airline’s privatization. 

Advertisements

PIA recently paid PKR 220 million (approximately USD 7,89,000 to Pakistan State Oil for a two-day fuel supply.  The PIA spokesperson said that the airline has paid PKR 500 million so far to the PSO for the provision of fuel, adding that the national flag carrier is making payments to PSO daily. 

PIA is currently acquiring fuel for profitable routes including Saudi Arabia, Canada, China, Kaula Lumpur, and others.  (Hydnow)  


Next Story :

Now you can get the latest stories from Hydnow every day. Click the link to subscribe. Click to follow Hydnow’s Facebook page and Twitter and Instagram

Advertisements

Leave a Reply

Your email address will not be published. Required fields are marked *