Financial instability forces PIA to scrap four aircraft
The repair of the airliners would have cost billions of rupees.
One of PIA's ATR aircraft to be scrapped. PHOTO: COURTESY ATR/FILE
KARACHI:
Pakistan International Airlines decided to scrap four of its 38 aircraft fleet, Express News reported Thursday.
The aircraft to be scrapped include two Boeing 737s, one Jumbo 747 and an ATR aircraft.
The repair of the airliners would have cost billions of rupees, hence, it was decided to scrap them instead of getting them fixed.
PIA has been plagued with malfunctions on its aircraft in recent months.
In March, the tyres of a PIA plane had burst while making an emergency landing in Quetta, and before that, in February 2013, a PIA passenger plane with about 70 people on board crash-landed on the runway of Oman’s main airport in Muscat.
Earlier, the PIA had suffered financial losses to the tune of Rs401 million in Hajj operations 2012.
In 2012, PIA had 38 aircrafts out of which 25 planes were in service. PIA had recorded cumulative losses of Rs141 billion from 2002 to 2012.
Pakistan International Airlines decided to scrap four of its 38 aircraft fleet, Express News reported Thursday.
The aircraft to be scrapped include two Boeing 737s, one Jumbo 747 and an ATR aircraft.
The repair of the airliners would have cost billions of rupees, hence, it was decided to scrap them instead of getting them fixed.
PIA has been plagued with malfunctions on its aircraft in recent months.
In March, the tyres of a PIA plane had burst while making an emergency landing in Quetta, and before that, in February 2013, a PIA passenger plane with about 70 people on board crash-landed on the runway of Oman’s main airport in Muscat.
Earlier, the PIA had suffered financial losses to the tune of Rs401 million in Hajj operations 2012.
In 2012, PIA had 38 aircrafts out of which 25 planes were in service. PIA had recorded cumulative losses of Rs141 billion from 2002 to 2012.