pia new planes 2020shinedown attention attention
The planes are clean It's just a drain on the exchequer.Great move by the Prime Minister of the Islamic Republic of Pakistan to order the purchase of much needed 12 new aircraft's for PIA, out of which, four new planes will be added to the PIA fleet by next year. I guess the ten aircraft are: 2 x Airbus A320s registrations AP-BMX and AP-BMY (acquisition in 2019 & 2020) 3 x Airbus A320s registrations AP-BLB, AP-BLC and AP-BLD (dry lease renewal) 5 x aircraft planned to be acquired on lease in 2020. It is the case of it turning onto a dumping ground for non qualified incompetent sifarishis, It is a question of choosing the right routes, pricing and great service I think i will wait until they buy new planes now because I really have had enough of these losers they make my blood boil, I would sack all the management and start fresh. Upon mutual agreement, the ownership arrangement can be extended on a year-to-year basis.As for the current “new reality,” in the Covid era, Molloy believes his momentum will continue. It has also brokered partnerships in the turboprop segment and expects to launch an expansion into the high-end piston segment with a similar shared-ownership product called "Coupled Approach. Victoria's largest professional development program for planners is back and bigger than ever for 2020! While the Covid-19 crisis has affected all sectors of aviation, some companies are recovering quicker than others. A preliminary probe into the crash of Pakistan International Airlines Flight 8303, which left nearly 100 people dead, has laid the blame for the accident on the pilot of the plane and the air traffic controller (ATC) who was in communication with him, Pakistani media reported on Monday. In the initial stage, four planes will be added to the fleet by 2020. With the option to buy later the plan is conceived to be cost-effective.He said the government has approved an over all outline for the scheme and PIA was presently engaged in working out modalities to get the plan materialised.“Idea is to turn PIA profitable with focus on cost cutting measures, in each and every respect, without compromising quality,” he said in reply to a question.To another query, he the concept has already been approved and the specifications are being worked out.“The plan is scheduled to be completed by 2020,” said PIA`s GM, Public Affairs.“This procurement would be through financial institutions without any budgetary allocations or special government funds,” he said in answer to a query.Sultan said all 30 planes would be directly procured from the manufacturers of Boeing and Airbus aircraft.As for resources to get quality expansion in the carrier`s existing fleet, he said Pakistan International Airlines makes all its transactions through commercial banks.He said the actual cost for the procurement could be determined once transactions are finalised as each plane has its own specifications.“Our priority would be that these are modern, fuel efficient and operationally cost effective,” said the GM Public Affairs, PIA.Syed Sultan Hasan was extremely confident that PIA would manage to generate adequate funds to pay for the lease amount through its own resources.“We would look for new and profitable international routes as there are plenty that are to be tapped particularly in Africa and Australia,” he said.Sultan said an extremely prudent approach will be adopted with due consideration towards the fact that PIA is currently serving only native passengers on its domestic sector.The official said PIA while competing with private airlines on most of the domestic routes is catering to the needs of people belonging to remote areas as Gwadar, Pasni, Chitral and other northern destinations as its national responsibility.“These are non-profitable routes and therefore no other private airline has ever expressed its interest to run flights to such destinations,” he said.Hasan also referred to Hajj service undertaken by PIA every year as its religious and national obligation.“A hundred thousand to 125,000 passengers (Hajis) are transported to and from Pakistan to Jeddah every year with little consideration towards any profit,” he said.In reply to a query about PIA’s current “Cost Cutting” strategy, Hasan said PIA has embarked upon a plan of restructuring under which core work and non-core work would be bifurcated.Non core workers are being actively involved in schemes that are equally beneficial for them and PIA, he said.He also said that down-sizing is not the solution as cutting down employment adds to unemployment with a negative impact on the economy. “We jokingly say it starts out as 'Match.com,'" Molloy said. It also has relationships with major financiers to provide funding for the purchase.After three years, the aircraft asset may be liquidated according to the terms set forth in the agreement, which covers the method of valuation and even the broker to which the sale would be entrusted. 1 The average fleet age is based on our own calculations and may differ from other figures. Prime Minister Imran Khan on Tuesday approved the purchase of additional planes for Pakistan International Airlines' (PIA) existing fleet.According to a press release issued by the airline's spokesperson, the decision was taken during a meeting of the aviation division.
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