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 to acquire 8 wide-body aircraft under revival plan

byCT Report
17/10/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: As part of its revival plan Pakistan International Airlines (PIA) has decided to increase the number of inland and out-bound flights by acquiring at least eight wide-body aircraft from the international market.

According to official sources, the PIA will immediately require eight aircraft, four each on wet-lease and dry-lease basis. The four aircraft being acquired on wet-lease basis, may have capacity of 250 plus passengers, including 24 business class seats.

You might also like

Petrol pump owners demand end to weekly fuel price changes

25/05/2026

Govt cuts petrol price by Rs6, diesel Rs6.80 per litre

23/05/2026

The fleet will be made available by mid of December this year. The lease term will be for three months (extendable) tenure with 300 guaranteed Block Hours per aircraft per month is required to be met with. The vintage should be 2012 onwards. Similarly, the four aircraft to be acquired on the dry-lease will also have capacity of 250 plus passengers each, with 24 business class seats.

The length of the lease is from six to eight years and the aircraft are to be supplied with immediate effect and up to mid of next year. The vintage is 2012 or onwards. Older aircraft meeting NAP-2015 age criteria, would also be considered if they were offered with the facilities like modern 24 business class flat bed seats, modern economy class seats, latest in-flight entertainment AVOD system and new carpets, besides refurbished cabins, the sources said.

The sealed bids meeting with all the criteria and on the specified performa would be accepted by November 16, 2016 till 1500 hours (PST) at PIA Headquarters, which would be opened at 1600 hours the same day.

Related Stories

Petrol pump owners demand end to weekly fuel price changes

byCT Report
25/05/2026

LAHORE: The All Pakistan Petrol Pump Owners Association has expressed strong reservations about the existing mechanism for determining petroleum product...

Govt cuts petrol price by Rs6, diesel Rs6.80 per litre

byCT Report
23/05/2026

ISLAMABAD: The federal government led by Prime Minister Shehbaz Sharif has announced a fresh reduction in fuel prices, offering short-term...

US wants partnership with Pakistan in mining, skills and industrial growth

byCT Report
22/05/2026

ISLAMABAD: The United States has expressed interest in expanding long-term cooperation with Pakistan in the mining and industrial sectors, with...

Gold prices in Pakistan surge following global trend

byCT Report
21/05/2026

KARACHI: Gold prices rebounded sharply in both international and local markets after witnessing a significant decline a day earlier. According...

Next Post

Western route definitely part of CPEC: Sun Weidong

  • 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.