My Account Menu

CAPA Login


Register to trial CAPA Membership!

Pakistan International Airlines reports widening net loss in 1Q2010

30-Apr-2010 12:10 PM

Pakistan International Airlines reports the following financial highlights for the three months ended 31-Mar-2010 (Bloomberg, 29-Apr-2010):

  • Revenue: USD294.9 million, +7.9% year-on-year;
  • Operating costs:
    • Fuel: USD101.2 million, +46.2%;
  • Net profit (loss): (USD30.8 million), compared to a loss of USD24.5 million in the previous corresponding period.

*Based on the conversion rate at USD1 = PKR83.76