Afghanistan's Government has reportedly grounded Pamir Airways operations indefinitely due to its connection with Kabul Bank (The National, 17-Mar-2011). The carrier has been at the centre of corruption investigations related to claims the carrier allegedly received improper loans from Kabul Bank, which is being investigated by the Central Bank of Afghanistan and other authorities. Pamir had been in operation since 1995 and was taken over in 2008 by a group of businessmen including Sherkhan Farnood. Mr Farnood is alleged to have used his position as a shareholder and the Chairman of Kabul Bank to grant loans to expand the airline, of which he was also the Chairman. The carrier, prior to its suspension, operated service from Kabhul to Bost, New Delhi, Dubai, Dushanbe, Herat, Jeddah, Kandahar and Mazar-I-Sharf Airports, according to Innovata. The carrier, based on Ascend data, operated the the following aircraft:
Afghan Government grounds Pamir Airways during corruption probe
You may also be interested in the following articles...
MEGA Maldives Airlines Part 2: MEGA attempts to diversify beyond the China-Maldives market
MEGA Maldives Airlines is attempting to reduce its reliance on the China-Maldives market with new routes to India, Malaysia and Saudi Arabia. By the end of 2016 MEGA plans to resume services from Male to Kuala Lumpur and Jeddah – markets it briefly served in early 2015 – and commence operations to India, with an initial service from Male to New Delhi.
The new services, along with other new routes which are under evaluation, are part of a revisited diversification strategy. MEGA currently only serves China, but since commencing operations in 2011 has experimented several times with other markets. MEGA, which operates the same number of aircraft and routes as three years ago, needs to diversify successfully to resume growth.
This is the second half of an analysis report on MEGA Maldives. The first half examined the recent contraction in the China-Maldives market and intensifying competition. This half will focus on MEGA's plans for entering other markets, and its previous attempts at diversification.
Philippine Airlines may cut Middle East capacity and network, and end Etihad partnership
Philippine Airlines (PAL) is considering reducing capacity to the Middle East in 2017 while expanding in several other international markets, including Australia, China and the US. Yields in all seven of the group’s Middle East markets – all of which have been launched over the last three years – have been impacted by intensifying competition and weaker outbound demand.
PAL could suspend services to Abu Dhabi and terminate its partnership with Etihad. The airline group has not benefitted significantly from its Etihad codeshare, and may be better off partnering with another airline.
However, PAL is keen to continue growing its international operation. PAL is about to add capacity to the US using two additional 777-300ERs, and plans to add capacity to Australia in late 2017 following delivery of its first batch of A321neoLRs. New destinations in Europe and the US are under consideration for 2018, using its new A350-900 fleet.