Times of Islamabad

Shaheen Air International Airlines faces a worst setback

Shaheen Air International Airlines faces a worst setback

ISLAMABAD – Shaheen Air International Airlines faces a worst setback.

Pakistan Customs has frozen Shaheen Air International’s assets in Karachiafter the airline failed to clear its dues worth billions of rupees.

According to sources, the private airline owes up to Rs. 4.5 billion ofsales tax.

Previously, the bankrupt airline was given a six-month deadline to clearthe dues. However, after non-payment, the Customs authorities have sealedsix offices of Shaheen Air, including the booking office.

The aircraft repair hangar at the Old Jinnah Terminal and 25 of its planesare also among the frozen assets.

No official of Shaheen Air International was available to comment at thetime of filing this story.