Business Bytes Pakistan’s Post

Argentina’s transport secretary has issued an official notice to Flybondi.com requesting a corrective operations plan that avoids unilateral flight cancellations and improves its operational performance, adjusting the number of flights offered to its actual capabilities. This is a ch-aviation PRO article. ▶ Full news story available here: https://lnkd.in/g5BWztzP Photo Credit: Flybondi #chaviation #aviationnews #flybondi ch-aviation

Pakistan International Airlines (PIA) and the broader aviation sector have faced cumulative financial losses exceeding Rs. 450 billion over the last four and a half years due to European travel restrictions. According to sources from the Privatization Commission, PIA alone has incurred losses of around Rs. 220 billion, while the remaining Rs. 250 billion in losses are attributed to the Pakistan Civil Aviation Authority (CAA) and other industry players, caused by the EU’s restrictions on Pakistani carriers. However, the recent lifting of the suspension by the European Aviation Safety Agency (EASA) marks a significant step in PIA's privatization journey. #PIA #AviationIndustry #EuropeanRestrictions #AirlineLosses #PakistanAviation

Pakistan International Airlines (PIA) and the broader aviation sector have faced cumulative financial losses exceeding Rs. 450 billion over the last four and a half years due to European travel restrictions. According to sources from the Privatization Commission, PIA alone has incurred losses of around Rs. 220 billion, while the remaining Rs. 250 billion in losses are attributed to the Pakistan Civil Aviation Authority (CAA) and other industry players, caused by the EU’s restrictions on Pakistani carriers. However, the recent lifting of the suspension by the European Aviation Safety Agency (EASA) marks a significant step in PIA's privatization journey. #PIA #AviationIndustry #EuropeanRestrictions #AirlineLosses #PakistanAviation

Pakistan International Airlines (PIA) and the aviation sector have endured combined financial losses of over Rs. 450 billion in the past four and a half years due to European travel restrictions. Sources from the Privatization Commission reveal that PIA alone suffered losses of approximately Rs. 220 billion, while the remaining Rs. 250 billion impacted the Pakistan Civil Aviation Authority (CAA) and other industry stakeholders due to the EU's ban on Pakistani carriers. The recent lifting of the suspension by the European Aviation Safety Agency (EASA) marks a pivotal milestone in PIA's privatization process. #PIA #AviationSector #EuropeanBan #AirlineChallenges #PakistanAviation

"Nigerian Airlines to Begin Flights to US and South America," Announces Aviation Minister Festus Keyamo The Nigerian Federal Government is empowering local airlines to access international routes to the US and South America, as announced by Aviation Minister Festus Keyamo in an interview with O’tega Ogra. Keyamo highlighted efforts to enhance Nigeria’s aviation sector through Bilateral Air Service Agreements (BASA), which enable local airlines to operate internationally and foster competition, thereby reducing ticket prices. He noted that Air Peace's recent launch of Lagos-London flights broke British Airways' monopoly, significantly lowering ticket prices. Keyamo revealed plans to expand direct flights to the US and South America, emphasizing that no airlines currently fly to South America but that new routes are being developed. Keyamo also stressed the importance of leasing aircraft to enhance local airlines' capacities for international service, aligning with global practices. This strategy aims to boost Nigerian airlines' operations, making them competitive globally and improving service quality for travelers. #NaijaCurrentEvents #NigeriaToday #NaijaBreaking #NigeriaInFocus

PIA to Resume US Flights After FAA Deal Pakistan International Airlines (PIA) is set to resume direct flights to the US after signing a deal with the FAA. Flights to the UK are also expected to restart by March 2024. #PIA #USFlights #UKFlights #AviationNews #visionpakistan

Pakistan International Airlines (PIA) is preparing to resume flights to the United States after signing a Memorandum of Understanding (MoU) with the U.S. Federal Aviation Administration (FAA) to settle pending financial issues. The move is expected to help Pakistan regain ‘Category One’ status, enabling direct flights to the U.S. to resume. The suspension, which began in 2017, had halted six weekly flights. Meanwhile, PIA is also working to restart flights to the UK by March 2024, following a positive evaluation by the European Union. These developments are anticipated to boost PIA’s revenue. #PIA #AviationNews #USflights #UKflights #PakistanAviation

Pakistan International Airlines (PIA) is preparing to resume flights to the United States after signing a Memorandum of Understanding (MoU) with the U.S. Federal Aviation Administration (FAA) to settle pending financial issues. The move is expected to help Pakistan regain ‘Category One’ status, enabling direct flights to the U.S. to resume. The suspension, which began in 2017, had halted six weekly flights. Meanwhile, PIA is also working to restart flights to the UK by March 2024, following a positive evaluation by the European Union. These developments are anticipated to boost PIA’s revenue. #PIA #AviationNews #USflights #UKflights #PakistanAviation

After successfully resuming flights to Europe, Pakistan International Airlines (PIA) is now gearing up to restart flights to the United Kingdom. According to Nadir Shafi Dar, Director General of the Pakistan Civil Aviation Authority (PCAA), a delegation from the UK's Department for Transport is scheduled to visit Pakistan next month. An online meeting is planned for the third week of December, with an official visit to follow in January 2025. PIA previously operated 21 weekly flights to the UK, and the resumption is expected to significantly boost the airline's revenue. #TrendingPakistan #PIA #UKFlights #Aviation #FlightResumption #TravelNews

🏛 TCCT reveals the outlook of low-cost airline business in Thailand ✈️ By: Services Market Structure Division, TCCT References: The Civil Aviation Authority of Thailand (CAAT) #TCCT #TradeCompetitionCommissionofThailand #CompetitionLaw #FreeandFairPractices