By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Arabian NewsThe Arabian NewsThe Arabian News
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Reading: Pakistan National Airline ‘PIA’ to Resume Europe Flights as Ban is Lifted
Share
The Arabian NewsThe Arabian News
  • Politics
  • Pursuits
  • Business
  • Technology
  • Home
  • Business
  • Exclusive
  • Technology
  • Wellness
  • Real Estate
  • Contact
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
The Arabian News > World > Pakistan National Airline ‘PIA’ to Resume Europe Flights as Ban is Lifted
World

Pakistan National Airline ‘PIA’ to Resume Europe Flights as Ban is Lifted

admin
SHARE

Pakistan International Airlines (PIA) will resume flights to Europe starting January 10, after a four-year ban was lifted by the European Union. The announcement was made in a statement on Saturday.

Contents
Initial Schedule and Future PlansReasons Behind the BanCommitment to RegulationsChallenges Facing PIAPrivatization Efforts and IMF InvolvementRestoring European Flights: A Positive StepPIA’s Legacy

The airline, which faced scrutiny over a pilot license scandal, revealed that its first flight will operate from Islamabad to Paris on January 10.

Initial Schedule and Future Plans

Initially, PIA will run two weekly flights, on Fridays and Sundays. The airline plans to gradually increase the frequency of flights in the future.

Reasons Behind the Ban

The EU banned PIA from its airspace in June 2020, shortly after a tragic crash in Karachi claimed nearly 100 lives. Investigations attributed the disaster to human error by both the pilots and air traffic control. Further controversy emerged when it was discovered that around one-third of PIA’s pilots had questionable or fake licenses.

Although the EU ban has now been lifted, PIA remains restricted from operating in the United States.

Commitment to Regulations

Following the EU’s decision, a PIA spokesperson emphasized that the airline would strictly follow the European Union Aviation Safety Agency (EASA) regulations and guidelines.

Challenges Facing PIA

PIA, employing 7,000 people, has been criticized for inefficiency, poor management, and financial troubles. In 2023, the airline reported losses of $270 million, with liabilities nearing $3 billion—five times its total assets. Flights were often canceled due to a lack of fuel, further worsening its financial state.

Privatization Efforts and IMF Involvement

The government of Pakistan is working to privatize the struggling airline to meet conditions set by the International Monetary Fund (IMF). These conditions include the sale of public companies, expanding the tax base, and ending subsidies for the 40% of Pakistanis living below the poverty line.

However, efforts to sell PIA have faced setbacks. A recent deal fell apart when a buyer offered far less than the asking price.

Restoring European Flights: A Positive Step

Pakistan’s Aviation Minister Khawaja Asif described the resumption of European flights as a “major value addition,” expressing hope that it would attract potential buyers for the airline.

PIA’s Legacy

Founded in 1955 after the nationalization of a struggling private airline, PIA experienced rapid growth through the 1990s. However, financial mismanagement and safety concerns have overshadowed its legacy in recent decades.

You Might Also Like

Biden Assures ‘Peaceful and Orderly’ Power Transfer to Trump

Cory Booker’s 25-Hour Anti-Trump Speech Sets Record, Warns of Democracy at Risk

Trump Asks if NATO Defense Pledge Will Hold, Raising Global Fears

Young Woman Dies of Cardiac Arrest While Dancing at Wedding

Intel’s CEO removed from position due to the board’s frustration with the company’s slow progress

TAGGED:PakistanWorld
Share This Article
Facebook Twitter Email Print
Previous Article 15 Charged in UAE Tax Fraud Case: Attorney-General Takes Action
Next Article UAE Opens 10 Maternity Centers in Afghanistan, First Baby Honors Mother of the Nation

Popular News

alt="Urban Co Home Services Now Bookable on Noon App in UAE, KSA"
Urban Co Home Services Now Bookable on Noon App in UAE, KSA
World
alt="'Black Mirror: Bandersnatch' Expiring Soon on Netflix—Watch Before Leaving"
‘Black Mirror: Bandersnatch’ Expiring Soon on Netflix—Watch Before Leaving
Entertainment
alt="J-Hope Sets Bangkok Stage Ablaze with Fire, Faith, and BTS Spirit"
J-Hope Sets Bangkok Stage Ablaze with Fire, Faith, and BTS Spirit
Entertainment
alt="Why Kohli Is Still Crucial to India's Test Team Transition Period"
Why Kohli Is Still Crucial to India’s Test Team Transition Period
Sports

Recent News

  • UAE-India Property Show Debuts in Dubai with Big Deals
  • India Introduces E-Passports: Intelligent, Safe, Speedy for Travelers
  • Jayam Ravi Speaks Out: Decades of Abuse, Isolation Exposed
  • UAE’s Safest Emirate: 100% Daytime Security, 99% at Night
  • IU’s Tears Tell Stories: From Del Luna Ghosts to Tangerine Dreams
The Arabian News

Quick Links

  • Home
  • Business
  • Real Estate
  • Contact

Featured Categories

  • Real Estate
  • Wellness
  • Politics
  • Economics

Find Us on Socials

© 2024 The Arabian News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?