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 suffered Rs207.69b losses from 2011 to June 2014, lacks inter-departmental coordination

byCustoms Today Report
26/01/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD – The Civil Aviation Authority (CAA)-Pakistan has directed PIA to ensure feeding complete flights details in the Air Transport Flight Management System (ATFMS), it is learnt. As per a report submitted to the Economic Coordination Committee (ECC) in its meeting on October 30, from 2011 to June 2014, the air carrier had suffered a loss of Rs207.69 billion. Before that, the figure stood at Rs74.89 billion.

A lack of co-ordination among PIA’s different departments had contributed to airline’s woes, sources said. They added that flight schedule and planning department, which was solely responsible to inform CAA-Pakistan about flight operations, did not do the same prior to PIA flights operated for local and international destinations, which was considered to be a serious security breach and shear violation by PIA.

You might also like

Askari General Insurance, Askari Life transfer 51% stakes from Army Welfare Trust to Fauji Foundation

01/09/2026

LNG prices decrease in Pakistan

29/08/2026

They were of the view that if the issue remained extant, it would result in collapse of the airline. Therefore, CAA-Pakistan in order to address the issue gravely asked its Schedule & Network Planning Section (S&NPS) to identify the flights, which were marked as ‘Without Permission’, by the system.

 

Related Stories

Askari General Insurance, Askari Life transfer 51% stakes from Army Welfare Trust to Fauji Foundation

byCT Report
01/09/2026

KARACHI: Askari General Insurance Co. Ltd. and Askari Life Assurance Company Limited have disclosed the transfer of their respective 51%...

LNG prices decrease in Pakistan

byCT Report
29/08/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Saturday notified a significant reduction in liquefied natural gas (LNG) prices...

Bejaan Resorts, South Air sign agreement

byCT Report
28/08/2026

ISLAMABAD: Bejaan Resorts and South Air (Private) Limited will formally enter into a strategic partnership aimed at strengthening air connectivity...

Petroleum Minister calls for review of gas subsidy system, pricing slabs

byCT Report
27/08/2026

ISLAMABAD: Federal Petroleum Minister Ali Pervaiz Malik has called for a review of the existing gas subsidy system and pricing...

Next Post

Apple secures first place in US mobile markets, Samsung 2nd, LG 3rd, Motorola stands 4th

  • 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.