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Britain Ends 5-Year Ban On Pakistani Airlines
Britain has lifted restrictions on Pakistani airlines, the UK embassy in Islamabad said on Wednesday, ending a five-year ban on the country's beleaguered national carrier.
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Cash-Strapped Pak Airlines To Reduce Flight Operations By Upto 25%: Report
Pakistan International Airlines has started partial suspension of both its domestic and international flights amid the ongoing fiscal crunch, The Express Tribune reported on Saturday.
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"Secured Funds For Now, But...": Pak Airlines Struggling To Pay Bills
Pakistan's national flag carrier admitted Friday it was struggling to pay bills and wages after local media reports said the fleet may be grounded within days.
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Pak National Carrier Sells Air-Worthy Plane To German Museum, Deal Questioned
Pakistan's ailing national carrier sold a flight-worthy Airbus aircraft to a German aviation museum for a little over USD 5 million, prompting a parliamentary panel to demand a thorough report from the PIA.
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Pak Flight Captain, Others Asked To Explain 'Overloading' Incident'
Pakistan's ailing national carrier, PIA has issued show-cause notices to a pilot and two others officials for allowing seven extra passengers on a flight to Saudi Arabia last month in a serious violation of air safety regulations, according to a media report today.
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Air India May Post Its First Operating Profit In 8 Years: Minister
State-run Air India is eyeing its first operating profit since 2007-08, when it merged with Indian Airlines. The national carrier's best operating performance in eight years comes at a time when crude oil prices have fallen sharply. Crude oil accounts for 40 to 50 per cent of airlines' operating expense.
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Air India Terminates Services Of 3 Co-Pilots For Breach Of Contract
National carrier Air India has terminated the services of three co-pilots for breach of contract in a move to deter pilots from quitting the airline after receiving high-cost type rating training and joining other airlines at higher salary packages.
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Gulf Air to Fly Daily to Hyderabad From December 2
Bahrain's national carrier Gulf Air will operate daily flights to Hyderabad from December 2 to meet high passenger demand.
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Air India Plans to Replace Ageing A320s on Gulf Routes
National carrier Air India plans to deploy new fuel-efficient planes on the Gulf routes, replacing A320 classic aircraft after questions were raised about the safety of passengers flying its ageing fleet, sources said.
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Minister Informs Parliament How Air India Plans to Cut Costs
Debt-ridden national carrier Air India has taken cost-cutting measures to reduce its financial burden and hike revenue inflows.
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Twin Tragedies Push Malaysia Airlines to the Brink
Any airline would struggle with the devastating impact of losing one jet full of passengers, especially if it had already been bleeding money for years.
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Air India invites bids to raise $1 billion in overseas borrowings
The funds will be used for working capital with interested arrangers asked to submit bids by May 4.
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Everything you need to know about Air India's restructuring
Here is what you should know about how Air India plans to turn itself around.
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Refinancing of Air India in place: Praful Patel
A consortium of banks is willing to participate in financial restructuring plan of national carrier Air India after ICICI Bank's move to refinance long-term debt, said Praful Patel, minister for heavy industries and public enterprises. According to Patel, there is no necessity to bring the national airliner under Board for Restructuring of P...
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Air India may submit new turn-around plan to govt
Though airline spokesperson described the meeting as "routine", a source said, "The board decided to submit a revised turn-around plan to the government following the Finance Minister's recent call to cut down on expenses. It also discussed the funding plan for the proposed acquisition of 27 Boeing 787 Dreamliners."
-
Britain Ends 5-Year Ban On Pakistani Airlines
Britain has lifted restrictions on Pakistani airlines, the UK embassy in Islamabad said on Wednesday, ending a five-year ban on the country's beleaguered national carrier.
-
Cash-Strapped Pak Airlines To Reduce Flight Operations By Upto 25%: Report
Pakistan International Airlines has started partial suspension of both its domestic and international flights amid the ongoing fiscal crunch, The Express Tribune reported on Saturday.
-
"Secured Funds For Now, But...": Pak Airlines Struggling To Pay Bills
Pakistan's national flag carrier admitted Friday it was struggling to pay bills and wages after local media reports said the fleet may be grounded within days.
-
Pak National Carrier Sells Air-Worthy Plane To German Museum, Deal Questioned
Pakistan's ailing national carrier sold a flight-worthy Airbus aircraft to a German aviation museum for a little over USD 5 million, prompting a parliamentary panel to demand a thorough report from the PIA.
-
Pak Flight Captain, Others Asked To Explain 'Overloading' Incident'
Pakistan's ailing national carrier, PIA has issued show-cause notices to a pilot and two others officials for allowing seven extra passengers on a flight to Saudi Arabia last month in a serious violation of air safety regulations, according to a media report today.
-
Air India May Post Its First Operating Profit In 8 Years: Minister
State-run Air India is eyeing its first operating profit since 2007-08, when it merged with Indian Airlines. The national carrier's best operating performance in eight years comes at a time when crude oil prices have fallen sharply. Crude oil accounts for 40 to 50 per cent of airlines' operating expense.
-
Air India Terminates Services Of 3 Co-Pilots For Breach Of Contract
National carrier Air India has terminated the services of three co-pilots for breach of contract in a move to deter pilots from quitting the airline after receiving high-cost type rating training and joining other airlines at higher salary packages.
-
Gulf Air to Fly Daily to Hyderabad From December 2
Bahrain's national carrier Gulf Air will operate daily flights to Hyderabad from December 2 to meet high passenger demand.
-
Air India Plans to Replace Ageing A320s on Gulf Routes
National carrier Air India plans to deploy new fuel-efficient planes on the Gulf routes, replacing A320 classic aircraft after questions were raised about the safety of passengers flying its ageing fleet, sources said.
-
Minister Informs Parliament How Air India Plans to Cut Costs
Debt-ridden national carrier Air India has taken cost-cutting measures to reduce its financial burden and hike revenue inflows.
-
Twin Tragedies Push Malaysia Airlines to the Brink
Any airline would struggle with the devastating impact of losing one jet full of passengers, especially if it had already been bleeding money for years.
-
Air India invites bids to raise $1 billion in overseas borrowings
The funds will be used for working capital with interested arrangers asked to submit bids by May 4.
-
Everything you need to know about Air India's restructuring
Here is what you should know about how Air India plans to turn itself around.
-
Refinancing of Air India in place: Praful Patel
A consortium of banks is willing to participate in financial restructuring plan of national carrier Air India after ICICI Bank's move to refinance long-term debt, said Praful Patel, minister for heavy industries and public enterprises. According to Patel, there is no necessity to bring the national airliner under Board for Restructuring of P...
-
Air India may submit new turn-around plan to govt
Though airline spokesperson described the meeting as "routine", a source said, "The board decided to submit a revised turn-around plan to the government following the Finance Minister's recent call to cut down on expenses. It also discussed the funding plan for the proposed acquisition of 27 Boeing 787 Dreamliners."
