How will the ban lift help PIA?
Pakistan International has been struggling for some time now. This is since the government sold their stake in the company. Following this, PIA are currently looking to be privatised. The airliner only got a 23% stake in the domestic market, and their fleet of 34 aircraft can’t compete with Middle Eastern carriers, who hold around 60% of the domestic market. Additionally, although PIA holds agreements with 87 countries and are in possession of several key landing spots, including London Heathrow, they have still been losing tens of millions of pounds each year since the suspension was announced. Therefore, the lifting of the suspension is expected to bring more revenue back to PIA. It will also be a relief for passengers wishing to travel directly to Pakistan.
A Pakistan International Airlines Airbus A310-308 in flight against blue skies. ©JetPix.
What are your thoughts on the ban on PIA services to Europe being lifted?
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Publish date : 2024-12-03 08:31:00
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