Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

PIA given $52m for uplift: National carrier receives first ATR 70 aircraft

byCustoms Today Report
11/04/2015
in Business
Share on FacebookShare on Twitter

KARACHI: Pakistan International Airlines (PIA) has received the first ATR 70 aircraft as the jet landed in Karachi on Saturday.

PIA Chairman Nasir Jaffar Rahman and employees of the national flag carrier welcome the plane, which was leased by the PIA, at the airport. Speaking to the media the PIA chairman said aircrafts would now be taken on a dry not wet lease. He added that the government has provided $52 million for the uplift of PIA and this money would not have been invested if the intention was to sell PIA. The ATR 70 has a capacity of 70 passengers and seven other aircrafts will be leased by PIA.

You might also like

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

19/08/2026

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

18/08/2026

Related Stories

Pakistan’s power sector circular debt rises to Rs1.67 trillion in FY26

byCT Report
19/08/2026

ISLAMABAD: Pakistan’s power sector circular debt increased by Rs61 billion during fiscal year 2025-26, reaching Rs1.675 trillion by June 30,...

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

Next Post

Genco Shipping & Trading enters into definitive merger agreement to acquire its subsidiary Baltic Trading

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.