• About
  • Advertise
  • Contact
Thursday, July 7, 2022
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
Economy.pk
Home Business

CAA expects Rs.70b in revenue after restarting flights

byNews Desk
January 21, 2022
in Business, Economy
Reading Time: 2 mins read
0
CAA expects Rs. 70b in revenue after restarting flights
345
SHARES
53.6k
VIEWS
Share on FacebookShare on Twitter

Civil Aviation Authority (CAA) is expecting PKR 70 billion revenue after revamping all flights. CAA has already earned PKR31 billion in the first half of FY22.

CAA income in FY17 was PKR63 billion. While CAA revenue in FY18 was PKR69 billion. CAA income reached PKR79 billion in FY19. But in the FY20, CAA income dropped by PKR10 billion to PKR69 billion. And in the FY21, CAA income dropped by PKR30 billion.

RelatedPosts

NEPRA okays Rs7.90 per unit hike in power tariff

Pakistan’s Textile industry loses $1 billion export orders

ECNEC give approval of many infrastructure projects

In March 2020, all international flight operations were suspended due to an increased wave of COVID-19.

Initially, NCOC stopped all commercial flights in the country due to Covid. But, NCOC resumed flight operations under their watch for any health concerns. NCOC kept a close eye on the global trend of COVID-19. They also made sure that health protocols were being followed in airports.

So by May 2020, NCOC had to allow international flight operations for outbound passengers only.

All types of international passenger flights were resumed according to the pre-COVID-19 schedule in the second week of August 2020.

May 2021 saw a decrease in international flights as operations again reduced to 20 percent of the approved schedule, but the decline was short-lived, and international flight operations increased to 50 percent of schedule in July 2021.

NCOC announced the resumption of all international flights as a pre-COVID-19 situation on 10 November 2021, raising the hopes of CAA that this will lead to an increase in its revenue.

Tags: latest
News Desk

News Desk

A source of economic, political, business, finance, health and sports updates.

Related Posts

NEPRA okays Rs7.90 per unit hike in power tariff

NEPRA okays Rs7.90 per unit hike in power tariff

The National Electric Power Regulatory Authority (NEPRA) approved a hike in power tariff by Rs7.90 per unit on Thursday. The...

Textile industry

Pakistan’s Textile industry loses $1 billion export orders

The All Pakistan Textile Mills Association (Aptma) Chairman Abdul Rahim Nasir has urged the federal government to restore gas supply...

Next Post
PM called on Bill Gates to discuss matters of shared concern

PM called on Bill Gates to discuss matters of shared concern

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

KP Announces Free Transport for Female Students

KP Announces Free Transport for Female Students

Solar Electric Charging Stations Will Encourage People to Buy EVs

Solar Electric Charging Stations Will Encourage People to Buy EVs

NEPRA okays Rs7.90 per unit hike in power tariff

NEPRA okays Rs7.90 per unit hike in power tariff

PIA reduces fares by 20% amid Eid-ul-Azha

PIA reduces fares by 20% amid Eid-ul-Azha

India vs Pakistan clash in Asia Cup 2022 on Aug 28

India vs Pakistan clash in Asia Cup 2022 on Aug 28

Martyrdom anniversary of Shaheed Havaldar Lalak Jan, being observed today

Martyrdom anniversary of Shaheed Havaldar Lalak Jan, being observed today

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • LATEST
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Canada
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In