Global airlines slash profit forecast on protectionism fears

SEOUL: Global airlines slashed a widely watched industry profit forecast by 21 per cent on Sunday as an expanding trade war and...

PIA’s Boeing 777 grounded for 1.5 years declared fit to fly

KARACHI: The Pakistan International Airlines (PIA) has revamped and added another aircraft Boeing 777 to its fleet after it remained grounded for around...

PIA to resume flights between Beijing and Tokyo

The Pakistan International Airlines (PIA) will resume flight operations between Chinese and Japanese capitals, Beijing and Tokyo, from May 30 in order...

Up to 41pc increase in airfare ahead of Eid

Two-way ticket from Lahore to Karachi is being sold up to Rs39,500 from the previous Rs28,000 The Pakistan International Airlines (PIA) and...

‘Govt striving hard to address PIA’s financial woes’

Minister says the cabinet-approved new business plan of PIA will help the airline improve its financial health ISLAMABAD: Civil Aviation Minister Ghulam Sarwar...

British Airways to resume flight operations to Pakistan next week

ISLAMABAD: British Airways (BA) will resume its flight operations to Pakistan from 2nd June, it was learnt on Thursday. The airline suspended its operations...

Etihad submits bid for Jet Airways, eyes minority stake

ABU DHABI: Middle Eastern carrier Etihad Airways has submitted a bid for a stake in India’s Jet Airways, the unit of State...

PIA losses surge to Rs416bn, Senate told

ISLAMABAD: Aviation Minister Ghulam Sarwar Khan on Friday informed the Senate that losses incurred by the Pakistan International Airlines (PIA) have surged to...

Business community urged to invest in aviation industry

'Close liaison between private sector and aviation industry will go a long way in strengthening the defence of Pakistan' ISLAMABAD: Former chief of...

PIA owes Rs96bn to Civil Aviation Authority, PAC body told

ISLAMABAD: The Civil Aviation Authority (CAA) on Thursday informed a sub-committee of Public Accounts Committee (PAC) that the Pakistan International Airlines (PIA) owed...

India’s Jet Airways to suspend operations after banks reject funding request

MUMBAI/NEW DELHI: India's embattled Jet Airways Ltd is set to temporarily halt operations from Wednesday onward after its lenders rejected the airline's plea...

Too many travelers, too few planes is US airlines’ 737 MAX summer dilemma

CHICAGO: Normally US airlines compete to sell tickets and fill seats during the peak summer travel season. But operators of the grounded...

Boeing cuts 737 production rate

Boeing has announced it would cut the production schedule of its 737 aircraft line following the two recent crashes that have seen...

More routes or more passengers: What should airlines aim for first?

'The aviation ministry and FBR are already in talks on how to reduce the taxes on travel' ISLAMABAD: The most ardent exchange...

Qatari investors intend to take Islamabad airport on lease

ISLAMABAD: The Qatari investors have shown a great interest in taking on lease the Islamabad International Airport, sources revealed on Tuesday. As per details,...