Times of Islamabad

Another positive development reported over performance of PIA

Another positive development reported over performance of PIA

KARACHI: Another positive development reported over performance of PakistanInternational Airlines.

The Pakistan Stock Exchange on Tuesday took the national aircraft carrierservice, Pakistan International Airlines (PIA) out of the list of paymentdefaulters.

PSX has placed the national airplane service has since been placed in thenormal category of trading companies.

A formal notification on the matter has been issued by the authorities.

The headway was made due to the airline’s compliance with the tasks it wasassigned for the year to take itself out from the defaulter’s list.

A yearly report was submitted by PIA and was placed in the list from normaltrading companies by Pakistan Stock Exchange.