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PIA made 41% jump in Revenue in Six months Claimed CEO

The Chief Executive Officer (CEO) air marshal retired Arshad Mehmood of Pakistan International Airline (PIA) claimed on Monday that PIA income has jumped by 41 per cent in last six months.

“PIA is rapidly working on a change in revenue and conduct simultaneously,” he said while addressing to a ceremony hosted by Karachi Association of Trade and Industries (KATI).

In his address, he said that without the cooperation of the business community institution can’t be run as the cargo software being upgraded, he said that due to the government’s corrective measures financial performance of the airline has improved. “Two new aircrafts would be added to the fleet by next month and three more aircrafts would be added by next year.”

The airline has also signed a memorandum of understanding according to which it will establish special counters for the business community and offer discounts on passenger services fees of 5% for domestic and 7% for international flights. The official added that 12 Boeing 777 aircraft were operational in the fleet and nearly 80% improvement in cargo handling has also helped the airline reduce losses.

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