Categories: Business

PIA suffers Rs 2 billion following suspension of flights to Saudi Arabia

F.P. Report

ISLAMABAD: The Pakistan International Airlines (PIA) has suffered loss of Rs 2 billion following suspension of flights to Saudi Arabia after temporary ban on Umrah due to coronavirus.

The PIA officials told local news channel on Tuesday that the schedule of the airlines has been badly disturbed as tickets of 50,000 passengers have been cancelled so far.

The authorities told that 34 flights to Medina and 13 to Mecca are scheduled weekly for business visa and iqama holders despite fewer passengers.

Furthermore, the financial loss is expected to surge due to suspension of flight operation for Qatar and Iran. 

The Frontier Post

Recent Posts

Imad denies rift with Babar, wants to win World Cup

LAHORE (Monitoring Desk): Pakistan all-rounder Imad Wasim on Saturday, once again brushed aside the claims…

4 hours ago

Sultan Azlan Shah Cup: Pakistan seals thrilling 5-4 victory over Malaysia

ISLAMABAD (Monitoring Desk): In a gripping showdown at the Sultan Azlan Shah Cup, Pakistan secured…

4 hours ago

Arsenal power four points clear as Burnley sink towards relegation

LONDON (AFP): Arsenal defeated Bournemouth 3-0 to move four points clear at the top of…

4 hours ago

Pakistani youth win gold medals

KARACHI (Monitoring Desk): In a remarkable display of skill and determination, young athletes from Karachi…

4 hours ago

Govt has potential to raise revenues worth over Rs24tr annually

F.P. Report LAHORE: Prime Minister Muhammad Shehbaz Sharif on Saturday said that the country had…

5 hours ago

Kundi takes oath as new KP Governor

F.P. Report PESHAWAR: Newly appointed Khyber Pakhtunkhwa Governor, Faisal Karim Kundi here Saturday night took…

5 hours ago

This website uses cookies.