• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Saturday, April 11, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

PIA Dry Leasing 8 New Aircraft for it’s Fleet

by Web Desk
December 3, 2020
in Business, Economy, Main
0
PIA
79
SHARES
683
VIEWS
Share on FacebookX

The Pakistan International Airlines (PIA) has decided to add eight new aircraft to its fleet on dry lease. It is expected that the aircraft with a seating capacity of 170-plus will be delivered from January to December 2021. It will all be economy with soft divider after two rows.

PIA spokesman Abdullah Hafeez Khan has told that the airline was already planning to improve its fleet. The spokesman told that this new aircraft will be a replacement to the older planes in the fleet. And that it was the part of their business plan for the past two years which got pushed back due to reduced demand owing to the Covid-19 pandemic. They have signed an agreement to operate direct and daily dedicated cargo flights to China

According to the reports, the PIA’s fleet comprises 37 aircraft, seven Boeing 777s, nine Airbus 320s and 21 ATRs. Chief Executive Officer Air Marshal Arshad Malik of PIA had said that by 2023, 12 new aircraft will also be added to the fleet. However, PIA and Oriental Sky Aviation Ltd have signed a landmark cargo charter agreement on Wednesday, agreeing to the direct and daily cargo flights between Pakistan and China. The signing ceremony was attended by PIA’s CEO Air Marshal Malik and Chief Commercial Officer Ali Tahir Qasim.

Agreement of PIA

According to the signed agreement, PIA will be operating seven weekly flights to Urumqi (China), with four flights a week which originates from Islamabad and three flights from Lahore. It will be rare as PIA has never worked for daily cargo flights in this sector. PIA spokesperson has also said that during the Covid-19 pandemic, airlines all over the world had faced the demand for air cargo. Also, many airlines were taking advantage of this pandemic and converting their passenger planes to cargo planes.

“PIA is also aggressively pursuing this path and we are evaluating and on a lookout for opportunities to operate dedicated cargo flights to a number of sectors, specifically on China and Central Asian routes.” Air Marshal Malik also praised his commercial team for initiatives to augment the existing revenue at the signing ceremony. He thanked the MD of Oriental Sky Aviation for his patronage of PIA.

Tags: BoeingChinaDry LeasePak-China RelationsPakistan & China RelationsPakistan international airlinePIA
Web Desk

Web Desk

Related Posts

US, Iran agree to immediate ceasefire: Prime Minister

US, Iran agree to immediate ceasefire: Prime Minister

by Web Desk
April 8, 2026
0

Prime Minister Shehbaz Sharif has announced that the Islamic Republic of Iran and the United States, along with their allies,...

Pak-Turkiye relations rapidly moving towards economic partnership: PM

Pak-Turkiye relations rapidly moving towards economic partnership: PM

by Web Desk
April 7, 2026
0

Prime Minister Muhammad Shehbaz Sharif has said the centuries-old brotherly relations between Pakistan and Turkiye are rapidly moving towards a...

Pakistan to repay $4.8bn in external obligations, UAE payments part of plan: sources

Pakistan to repay $4.8bn in external obligations, UAE payments part of plan: sources

by Web Desk
April 6, 2026
0

Islamabad: Pakistan has finalized arrangements to repay $4.8 billion in external obligations by the end of June 2026, with $3.5...

Naval Chief reaffirms resolve to defend sovereign seas

Naval Chief reaffirms resolve to defend sovereign seas

by Web Desk
April 4, 2026
0

Chief of the Naval Staff Admiral Naveed Ashraf has reaffirmed Pakistan Navy's resolve to defend sovereign seas and uphold its...

Govt assures IMF of timely power tariff hikes, subsidy cap agreed under $7bn EFF

Govt assures IMF of timely power tariff hikes, subsidy cap agreed under $7bn EFF

by Web Desk
April 4, 2026
0

Pakistan has assured the International Monetary Fund (IMF) that it will implement timely electricity tariff adjustments and limit power sector...

Free public transport facility announced in Islamabad, Punjab

Free public transport facility announced in Islamabad, Punjab

by Web Desk
April 3, 2026
0

On the direction of Prime Minister Shehbaz Sharif, all public transport in Islamabad will be free of charge for the...

Next Post
Optic Fibre

Optic Fibre project worth Rs 38bn under CPEC approved

Leave a Reply Cancel reply

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

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

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
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.