Times of Islamabad

PIA makes unprecedented Revenue jump in last 6 months: Report

PIA makes unprecedented Revenue jump in last 6 months: Report

KARACHI: Pakistan International Airlines (PIA) Chief Executive Officer(CEO) Arshad Mahmood Malik has revealed that PIA has made unprecedentedRevenue jump under new management in last 6 months, Media Report hasrevealed.

Pakistan International Airlines the national flag carrier’s revenueincreased by 41 percent during the last six months. “Two new aircraftswould be added to the fleet by next month and three more aircrafts would beadded by next year.”

Mr Malik said that for promoting external trade many measures were underwayto improve cargo and other services and PIA has also established especialcounters for business community.

The airline has also signed a memorandum of understanding according towhich it will establish special counters for the business community andoffer discounts on passenger services fees of 5% for domestic and 7% forinternational flights.

Currently twelve 777 aircrafts are operational in the fleet and cargohandling has been increased to 80 percent which helped the airline to bringdown losses, he added.