PIA suffers loss of Rs. 280mn after suspension of EU flights

PIA suffers loss of Rs. 280mn after suspension of EU flights
Islamabad: The Pakistan International Airlines (PIA) suffered a loss of Rs. 280 million after suspension of flight operation to and from the European Union (EU) countries due to pandemic.

While speaking in National Assembly today, Aviation Minister Ghulam Sarwar said that

The minister further stated that in the months of July and August, the receipts from PIA’s flight operation in the EU bloc fell to Rs1.41 billion from Rs1.69 billion.

The Aviation Minister further stated that PIA also resumed its flights to Canada, Oman, UAE, Qatar, Malaysia, Afghanistan, and Saudi Arabia.

Earlier in July, the European Union Air Safety Agency (EASA) suspended Pakistan International Airlines' (PIA) authorisation to fly to the bloc for six months.

 “EASA has temporarily suspended PIA’s authorization to operate to the EU member states for a period of 6 months effective July 1, 2020, with the right to appeal against this decision,” a statement of national flag carrier had said.