Pakistan Aviation
  • Home
  • Aviation News
  • Editorial
  • Flight Reviews
  • Aircraft
  • Travel
  • Blog
  • Submit Article
  • About Us
  • Support Us
  • Facebook
  • Twitter
  • Instagram
Air Sial chairman Fazal Jillani with BOC Aviation executive signing the agreement,

Air Sial to add Airbus A320s into its fleet, adds flights to Riyadh

Indigo flight from Jeddah diverted to Karachi after a medical emergency, a passenger was found dead upon checkup

Caretaker Government of Pakistan plans to “gradually shut down” Pakistan International Airlines

Zara Airways: The story of an airline on paper that dreams of starting flights from Canada to Pakistan

Ethiopian airlines receiving its 100th aircraft.

Ethiopian Airlines resumes flights to Karachi after 19 years

Kam Air advertising flights between Mazar e Sharif and Islamabad

Pakistan Aviation
  • Home
  • Aviation News
  • Editorial
  • Flight Reviews
  • Aircraft
  • Travel
  • Blog
  • Submit Article
  • About Us
  • Support Us
  • Facebook
  • Twitter
  • Instagram
Pakistan Aviation
  • Home
  • Aviation News
  • Editorial
  • Flight Reviews
  • Aircraft
  • Travel
  • Blog
  • Submit Article
  • About Us
  • Support Us
Aviation News • PIA

PIA revenue increased by 7% in first quarter of 2018

May 24, 2018
573 Views
2 Min Read
News Desk
Add Comment
    Share This!
  • Facebook
  • Twitter

PIA generated 23.5 billion revenue in the first quarter of the year 2018. This was 7% more than the same period last year. This amounts to PKR 1.6 billion that was generated during this period. The key contributor to revenue growth is increased schedule reliability, product improvement such as cabin cleanliness and refurbishments, food quality, changed attitudes etc. The operational cost also increased denting the revenue of airline by PKR 1.3 Billion.

The costs escalations are primarily due to increase in fuel prices by 31% over the same period and rupee devaluation by 15 %. However, the financial statements have not been approved as yet. Another key factor was an increase in expenditures that were neglected before. The aircraft fleet, the revenue earner entities, were in an unkempt state with several aircraft grounded due to lack of spares and cannibalization, broken down lavatories to dirty seats to worn out carpets.

PIA claims that all of these have been fixed with complete cabin refurbishment of the fleet. The relentless efforts towards getting the long ground aircraft back in the air have yielded results. It is important to mention that PIA had to rely on up to four narrow-body aircraft to keep its flights’ operations from disruptions. Now it has been over six months that PIA has completely relied on its own fleet of dry leased aircraft.

The effects are also noticed by airline’s customers as one passenger Aurangzeb Mubashar commented on these results “I quit flying PIA years ago. Recently I started flying with the national carrier again and I can confidently say that it has come a long way. The almost perfect departing schedule has gained my trust and I look forward to many more flights with PIA.”

Comments
Tagspakistan international airlines PIa revenue

You may also like

Air Sial chairman Fazal Jillani with BOC Aviation executive signing the agreement,
Air Sial • Aviation News

Air Sial to add Airbus A320s into its fleet, adds flights to Riyadh

8 months ago
Aviation News • Civil Aviation Authority

Indigo flight from Jeddah diverted to Karachi after a medical emergency, a passenger was found dead upon checkup

November 23, 2023
Aviation News • PIA

Caretaker Government of Pakistan plans to “gradually shut down” Pakistan International Airlines

September 20, 2023

About the author

View All Posts

News Desk

Add Comment

Click here to post a comment

Cancel reply

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

The issue with PIA’s Markhour decals
PM Shahid Khaqan Abbasi inaugurated upgraded Bacha Khan International Airport
Comment
    Share This!
  • Facebook
  • Twitter

Latest News

Air Sial chairman Fazal Jillani with BOC Aviation executive signing the agreement,
Air Sial • Aviation News

Air Sial to add Airbus A320s into its fleet, adds flights to Riyadh

Aviation News • Civil Aviation Authority

Indigo flight from Jeddah diverted to Karachi after a medical emergency, a passenger was found dead upon checkup

Aviation News • PIA

Caretaker Government of Pakistan plans to “gradually shut down” Pakistan International Airlines

Aviation News • International Airlines for Pakistan

Zara Airways: The story of an airline on paper that dreams of starting flights from Canada to Pakistan

Ethiopian airlines receiving its 100th aircraft.
Aviation News • International Airlines for Pakistan

Ethiopian Airlines resumes flights to Karachi after 19 years

What's your opionion?

Will you travel with PIA in 2019?
Vote
  • img_5585.jpg
  • Facebook
  • Twitter
  • Instagram
Copyright © 2016. Created by PKaviation.

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

Pakistan Aviation
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.