PIA to obtain four Airbuses on dry lease

The Pakistan International Airlines (PIA) would obtain four new fuel-efficient aircraft this year under a business plan to improve the performance of the national-flag carrier, sources told The Express Tribune on Wednesday.

The sources said that the new narrow-body planes would be obtained on 6-year dry lease, which would replace two old Boeing 777s. With the arrival of new Airbus 320 between July and December 2021, the fleet of the PIA would expand to 34, they added.

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According to the sources, the first plane will reach the country in the middle of next month, while the second one would be inducted into the PIA fleet August. Two more planes would reach the country in October and December, they added.

The PIA Business Plan envisages addition of more than eight aircraft to the fleet of the national-flag carrier. The sources said that the PIA was buying new aircraft according to its business needs.