EU sanctions could cost PIA Rs 33 billion – Express Urdu

The nationwide airline is already beneath monetary stress because of the lack of Hajj and Umrah operations. Photo, file.

Lahore: Due to the ban imposed by the European Union Air Safety Agency, the nationwide airline should bear a monetary lack of greater than Rs. 33 billion, which Pakistani diplomats together with Contacts with influential individuals of Pakistani descent have been launched within the UK and different European nations.

According to sources, Pakistani diplomats together with PIA will file an enchantment with the European Union Safety Agency subsequent week. In addition, the PIA has contacted Pakistani-origin parliamentarians within the European Union and the United Kingdom and raised issues in regards to the concern of faux pilot licenses.

Sources say that representatives of Pakistani descent have been informed that the ban by the European Union may price the nationwide airline greater than Rs 33 billion. PIA operated 23 weekly flights to the UK, of which 9 had been operated for London, 10 for Manchester 10 and four for Birmingham, and 6 for Europe.

Also learn this information: EU bans PIA for 6 months

Europe consists of Paris, Milan, Barcelona and Copenhagen. Due to the ban imposed by the European Union, PIA fears a lack of greater than 33 billion rupees in income from the United Kingdom and Europe.

In addition, the PIA will not be conducting Hajj operations this 12 months because of the suspension of worldwide flights in Saudi Arabia because of the corona virus, which is inflicting a lack of Rs 12 billion. Due to the closure of worldwide flights in Saudi Arabia, PIA couldn’t even carry out the Umrah season.

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