IATA trims airline industry net profit view, sees rebound in 2019
Industry profits are expected to rise to $35.5 billion (28.3 billion pounds) in 2019 from $32.3 billion in 2018, IATA said
Cathay Pacific’s torrid week ends with shock CEO resignation
HONG KONG: Cathay Pacific announced the shock resignation on Friday of its CEO Rupert Hogg, compounding a torrid week for the Hong...
End of the runway for 747 jumbo as Boeing placed final part orders
SEATTLE: Boeing Co and suppliers set the final number of parts it would need for the 747 jumbo jet program at least...
PIA’s comprehensive business plan to be ready by next month
ISLAMABAD:Â Concerned authorities on Wednesday apprised Prime Minister Imran Khan that a comprehensive business plan for the Pakistan International Airlines (PIA) would be...
CCoP directs PIA to formalize proposal regarding future prospects of Roosevelt hotel
The Commerce Division was also directed to fast track the study and evaluation regarding insurance and reinsurance sector, (SLIC, NICL & Pak Re-Insurance Company) along with the need for regulatory framework improvements, which should precede process of privatization
British Airways faces record $230m fine over data theft
LONDON: British Airways-owner IAG is facing a record $230 million fine for the theft of data from 500,000 customers from its website...
Cabinet Division notifies appointment of PIA Board of Directors
The Cabinet Division has notified the appointment of the board of directors of the Pakistan International Airlines (PIA).
According to media reports, the...
PIA to send employees on paid leave to curtail unnecessary costs
ISLAMABAD:Â The Pakistan International Airline (PIA) on Sunday decided to send employees on paid leaves on a rotation basis in order to curtail...
US bans PIA flights over pilot concerns
US transportation dept revokes permission for PIA to conduct charter flights to the United States, citing Federal Aviation Administration concerns over Pakistani pilot certifications
PIA to induct two new aircraft
ISLAMABAD:Â Pakistan International Airlines (PIA) on Saturday announced its decision to induct two new aircraft in its fleet by the first quarter of...
Positive about flying? Airlines look to Covid tests that give results in minutes
ZURICH/MILAN: European airlines are pinning hopes on pre-flight Covid-19 tests that deliver results as fast as pregnancy tests to help restore passengers’...
British Airways in battle for ‘survival’ over coronavirus
LONDON: British Airways warned that its survival was at stake on Friday as its CEO told staff of plans to cut jobs...
PIA’s online booking system crashes due to technical glitch
KARACHI:Â A glitch with the United States (US) based reservation system providing company has resulted in an outage of some online services of...
PIA urged to pursue independent, sustainable business plan
ISLAMABAD: Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh on Friday told the Pakistan International Airlines (PIA) management...
US fines Emirates $400,000 for flying over Iranian airspace
WASHINGTON: The US Transportation Department said Thursday it fined Emirates airline $400,000 for operating flights in parts of prohibited Iranian airspace in...