The Pakistan International Airlines (PIA) has suffered more than Rs4 billion loss owing to the suspension of its flight operations to different foreign destinations amid coronavirus outbreak.
According to media reports, the Pakistan Civil Aviation Authority (CAA) also suffered Rs2.5 billion loss in the last 10 days.
The empty aircraft were being sent to Saudi Arabia to bring Pakistani pilgrims back.
The national flag carrier suspended flights on several routes, including China, Kuwait, Qatar, Italy, Japan and Saudi Arabia.
The aviation industry has been badly affected by the virus pandemic across the world.
Experts have warned that most of the airlines would be facing bankruptcy by the end of May owing to the deadly virus.
On February 22, PIA had suspended Beijing flights as part of precautionary measures after deaths of 2,200 people and 75,500 infected patients were reported in mainland China.
[…] post Coronavirus inflicts over Rs4bn loss on PIA appeared first on Profit by Pakistan […]