PIA clarifies wet lease policy

KARACHI: A spokesman for the national flag carrier, with reference to media queries, said here on Wednesday that as per the National Aviation Policy an aircraft cannot be wet leased for more than six months. According to Pakistan International Airlines (PIA)’s agreement with Sri Lankan Airlines, the wet lease of one Airbus A330 is expiring on February 9, 2017, he added.



Following Public Procurement Regulatory Authority rules, PIA has already shortlisted the aircraft offered against a recent tender for wet lease which is planned to be inducted in the later part of the current month after completion of regulatory formalities, the spokesman pointed out.

Published in The Express Tribune, February 9^th, 2017.

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