Coronavirus inflicts over Rs4bn loss on PIA

The Pakistan International Airlines (PIA) has suffered more than Rs4 billion loss owing to the suspension of its flight operations to different...

Government authorises flight operations from June 20

ISLAMABAD: The Government of Pakistan has authorised international flight operations to and from all international airports of Pakistan, except Gwadar and Turbat...

PIA enhances engineering capacity in Islamabad

KARACHI: PIA now has additional engineering capacity to perform Check ‘A’ for A320 aircraft at Islamabad with an aim to achieve significant savings...

PIA’s online booking system crashes due to technical glitch

KARACHI: A glitch with the United States (US) based reservation system providing company has resulted in an outage of some online services of...

Emirates offers pilots, cabin crew four months unpaid leave

DUBAI: Emirates airline is offering some pilots and cabin crew up to four months of unpaid leave, as it strives to manage...

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...

Qatar’s sovereign fund could invest in Qatar airways, other domestic projects: CEO

DOHA: Qatar Investment Authority (QIA), one of the world’s largest sovereign funds, may invest in local real estate development Katara and national...

Indian court declares tycoon Mallya a ‘fugitive economic offender’

MUMBAI: A court in India set up under anti-money laundering laws declared liquor and aviation tycoon Vijay Mallya a “fugitive economic offender”...

Aviation Division flying on its own amid absence of top officials

ISLAMABAD: Affairs of the Aviation Division are in disarray owing to absence of the top officials, it was learnt on Wednesday. Official sources, on...

Emirates announces $16bn deal for 36 A380s

DUBAI: Emirates Airlines said Thursday it has struck a $ 16 billion deal to buy 36 Airbus A380 superjumbos just days after...

Pakistan has sufficient electricity for next 15 years: PM Abbasi

SIALKOT: Prime Minister Shahid Khaqan Abbasi on Monday said the government had been able to overcome the shortage of electricity for the...

FBR retrieves Rs970 million in pending tax amount from PIA

Tax officials shared PIA was a tax defaulter of Rs2.5 billion for two months under the category of federal excise duty (FED) collected from passengers on air tickets

Global airfares, hotel rates to rise in 2019: industry forecast

The CWT/GBTA 2019 forecast said the rise in hotel rates would be driven by an increased demand for air travel, which would fuel demand for rooms. Room rates are expected to rise by more than 5 percent in Asia and Europe, by 2.1 percent in North America and to fall by 1.3 percent in Latin America
Boeing 777X

Boeing boosts monthly 737 production as results beat estimates

Boeing (BA.N) said on Wednesday it was lifting production of its bestselling 737 narrow-body jet, a sign the planemaker was recovering from a...

PIA on lookout for purchase of four small aircraft

KARACHI: Pakistan International Airlines (PIA) is on the hunt for purchase of four-small aircraft on dry lease on back of new bailout...