Saudi investor pulls the plug, Shaheen Air on verge of closure

SAI’s fortunes tumbled in April this year when it defaulted on payments of taxes and fee to the Federal Board of Revenue (FBR) and Civil Aviation Authority (CAA) to the tune of Rs1.3 billion

Process initiated to revise open sky policy

According to the International Air Transport Association (IATA), the country’s air traffic is projected to grow in double digits, however, local aviation traffic has increased a meagre 3%

PIA takes action against employees involved in money laundering

'PIA has successfully migrated from SABRE to next-generation PSS'ISLAMABAD: The Pakistan International Airlines (PIA) has taken action against two of its employees who were...

PIA resumes Sialkot-Sharjah flights

KARACHI: As part of its policy to reopen viable routes, Pakistan International Airlines (PIA) resumed its Sialkot-Sharjah flights with PK-209 taking off from Sialkot International...

PIA restores suspended flights to Sharjah, Muscat 

KARACHI: In an effort to expand the network of Pakistan International Airline (PIA), the national flag carrier has decided to restore its Muscat and Sharjah...

Liberty Air to commence operations as a charter airline: Report

The recently announced Liberty Air won’t operate as a commercial airline owned by ex-Naib Nazim Amir Mehmood

Fresh audit reveals PIA’s market share greatly diminished between 2008-2017

According to the audit report, the state-owned airline couldn’t continue as a going concern without the assistance of the government since it had accumulated a loss of Rs361 billion till December last year

Pakistan’s aviation traffic projected to double in next two decades: Airbus

According to communications officer of Airbus, the global air cargo to and from Pakistan is projected to triple over the next two decades

China launches aviation fuel index amid slowest demand growth in four years

Passenger travel makes up 97 percent of China’s total jet fuel consumption, which makes up some 13 percent of the global market, CNAF executives said

Shaheen Air finalises acquisition deal with Saudi prince

Shaheen Air International (SAI) has finalised its acquisition deal with a Saudi Prince. The takeover is likely to happen over the course of next...

Air Marshal Arshad Malik takes charge as PIA CEO

'There will be no retrenchment in PIA and all employees will work in harmony to bring back past glory of the airline'KARACHI: Although Pakistan International...

Shaheen Air aiming to restart operations by January: Report

SAI which requires roughly Rs3.1 billion to recommence its operations has reached out to stakeholders in the Middle East, East Asia and western regions to arrange these funds

New PIA reservation system causes decline in sales

The new HITIT reservation system introduced by the Pakistan International Airlines (PIA) has led to a decline in sales, a local media outlet reported.PIA...

Saudi Gulf Airlines’ first direct flight lands at Sialkot airport

SIALKOT: The Saudi Gulf Airlines, the international airline of Saudi Arabia, on Saturday launched its flight operations between Sialkot (Pakistan) and Dammam (Saudi Arabia).Sialkot International...

PIA incurring Rs2 billion monthly losses

According to the aviation secretary, the depreciation of the rupee and rise in fuel prices were the two major factors for PIA’s losses

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PM likely to sack entire economic squad

Finance Minister Asad Umar, FBR chairman, SBP governor expected to be sent packing Energy minister Omar Ayyub likely to head finance ministry Finance...

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PM Imran suspends gas companies’ boards as shortfall worsens

ISLAMABAD: Prime Minister Imran Khan on Thursday suspended the Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) board of directors...