PIA inducts grounded ATR aircraft into fleet
Pakistan International Airlines
(PIA) has reintroduced a long-grounded ATR aircraft into its operational fleet,
enhancing connectivity to destinations such as Gilgit, Sukkur, Turbat, and
Gwadar. This development, announced on Friday, marks a significant step in
PIA’s efforts to improve its services and expand its network.
The announcement follows the
addition of the 11th Airbus A320, registered as AP-BOM, equipped with new
engines. PIA officials highlighted that this move is aimed at upgrading the
national carrier’s network and overall product quality.
“In the coming days, PIA’s
operational fleet will also include long-grounded Boeing 777 and ATR aircraft,
which will significantly enhance the airline’s network and service standards,”
said a PIA spokesperson.
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on operational life of ATR aircraft sought from PIA, CAA
PIA CEO expressed satisfaction with
the airline’s daily on-time performance, which has reached the ambitious target
of 90%. Furthermore, the airline has introduced an in-flight internet system on
domestic flights, providing passengers with an enhanced travel experience.
Resumption
of Flights to Europe
Minister for Privatization Abdul
Aleem Khan recently lauded PIA’s upcoming resumption of flights to Europe,
calling it a “positive step” and a “significant milestone” for the airline's privatization
efforts. PIA plans to restart its European operations in January, beginning
with flights to Paris, after the EU aviation regulator lifted a ban imposed in
June 2020.
The suspension, which stemmed from
concerns over compliance with international aviation standards, had cost the
airline approximately 40 billion rupees ($144 million) annually in lost
revenue. PIA’s first flight to Paris, operated by a Boeing 777, is scheduled
for January 10, with bookings opening earlier this month.
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Navy inducts 5th ATR aircraft into its naval fleet
Privatization
Challenges
The resumption of European flights
is expected to strengthen the government’s case for PIA’s privatization.
However, earlier efforts fell short when the only bidder, Blue World City
consortium, refused to meet the Privatization Commission’s minimum asking price
of Rs85.03 billion, offering just Rs10 billion for a 60% stake.
“The process for PIA’s privatization
will begin anew, with the appointment of a new financial advisor,” confirmed an
official from the Ministry of Privatization. The government remains committed
to initiating a fresh privatization process to address the financial challenges
facing the national carrier.
Source: Business Recorder