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Pakistan sets up Pakistan Airways

 
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PostPosted: Thu Feb 25, 2016 7:48 am    Post subject: Pakistan sets up Pakistan Airways Reply with quote

http://www.ch-aviation.com/portal/news/44309-islamabad-sets-up-pakistan-airways-as-details-remain-scant

Islamabad sets up Pakistan Airways as details remain scant

As previously reported, the Pakistani government has pushed ahead with plans to establish a new airline, now known to be Pakistan Airways (Karachi Int'l). The start-up has an authorised capital of PKR100 billion (USD954.7 million).

PIA's official spokesman, Danyal Gilani, said in a statement last week that Pakistan Airways would operate as a 'premium service' carrier aimed at improving "the service standard and image" of the country's struggling national airline.

No further official details have yet been disclosed.

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747-237
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Joined: 11 Jun 2007
Posts: 8739
Location: Gordon Gekko's Boardroom

PostPosted: Wed Mar 02, 2016 7:44 am    Post subject: Reply with quote

http://www.ch-aviation.com/portal/news/44471-pakistani-pm-sharif-to-make-decide-on-pakistan-airways-plans

Pakistani PM Sharif to decide on Pakistan Airways plans

Final plans for the new government owned Pakistan Airways (Karachi Int'l) start-up are expected to be approved by Pakistani prime minister Nawaz Sharif in the coming days, Pakistani newspaper The News reports. At the same time a decision on a new chairman for existing flag carrier PIA - Pakistan International Airlines (PK, Karachi Int'l) is be in the works.

Pakistan Airways is expected to start operations by August 2016 with 10-12 new aircraft and a focus on international routes. It will operate alongside PIA with its own brand according to a memo for the prime minister from which The News is quoting.

Reportedly, the memo mentions financial restructuring, procurement and logistics under Public Procurement Regulatory Authority rules and various legal cases as key issues with the current PIA operation. Despite the launch of Pakistan Airways, PIA is still expected to replace its ageing fleet of A310-300s by A330s later this year. The exact level of future cooperation between the two carriers, Pakistan Airways and PIA is still being reviewed.

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