Tag Archives: Pakistan International Airlines

Pakistan International Airlines Receives Final Warning from Riyadh Airport Authority for Non-Payment of Dues

The Riyadh Airport Authority (RAA) has issued a final warning to Pakistan International Airlines (PIA) regarding non-payment of dues. PIA has until July 15 to settle an outstanding amount of 8.2 million riyals owed to the RAA. Failure to meet the deadline could result in disruptions to PIA’s winter flight schedule. Additionally, the airline has been warned for non-payment of …

Read More »

Analyzing Pakistan International Airlines (PIA)'s Financial Challenges and Restructuring Options

Introduction: Pakistan International Airlines (PIA), once a symbol of national pride, finds itself grappling with an overwhelming financial crisis. Recent reports reveal that PIA’s overall losses are projected to exceed Rs800 billion by the end of the current year, creating a daunting challenge for the airline. In a recent briefing to the prime minister, possible reforms and strategies were discussed …

Read More »