Pakistan International Airlines (PIA) has acquired three new, narrow bodied Airbus A-320 aircraft.
The aircraft were acquired by the airline for three months through a wet lease with Viet Jet- a Vietnamese airline.
Airbus A-320 has a capacity of 150 passengers and an overall length of 37.57 metres. The plane will be used for domestic as well as international routes as told by Mashhood Tajwar, the spokesman for PIA.
The Airbus A-320
The newly acquired Airbus A320 and the Boeing 777 aircraft, which was added recently, may also have contributed to the recent profits made by the airline.
The airline made a profit of approximately Rs. 2.83 billion, and that was just in the first quarter of the year.
Mr. Khan said
The turnaround is visible because PIA has increased its fleet size from 22 aircraft in 2013 to 35 planes at present and plans are under way to increase the size to 42 by the end of this year,
Another recent development is that the Boeing 777 has begun its venture of international flights.
Improving Financials
Since the inception of the airline in 1955, PIA has gone through a series of ups and downs. From its incredible beginning to its continual downfall until recently, the airline now seems to be getting back on track.
As told by Mr Khan the loss of Rs. 27.45 billion from 2013-2014 was reduced to Rs. 8.62 billion from 2014-2015.
Strict measures were taken to introduce a culture of accountability which led to 302 fake degree holders being sacked.
The PIA Chairman Irfan Ilahi encouraged the workers and congratulated them for their achievements. He said that the airline would continue to provide for its passengers.
Via Dawn
Good Move Hope Isko Corruption Ka Nishana Na Banaya Jaye
Corruption naheen to or kia hai 302 banda fake degree holder betha howa tha accounts main…
Another achievement of government which should be lauded.
lolz we are adding old aircraft to fleet which are expensive in maintenance and fuel consumption, Boeing 787 and airbus A350 is future both are mid size advance aircraft.