Loading

Pakistan International Airlines “technically bankrupt” – Managing Director

Pakistan International Airlines (PIA) Managing Director, Captain Ijaz Haroon, stated last month the carrier is “on its death bed” and had been “technically bankrupt since 2000”. Capt Haroon also revealed the Pakistan Government injected money into the carrier in both 2001 and 2003. The government recently confirmed that, as the majority shareholder of the carrier, it is committed to ensure the ongoing status of PIA.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 904 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.