PIA making efforts to overcome DOC losses on int’l routes
MG News | February 14, 2020 at 03:20 PM GMT+05:00
February 14, 2020: The Pakistan International Airlines, the national flag-carrier, is making consistent efforts to bring down the losses it faced on Director Operating Cost (DOC) of flights at almost 18 international routes.
During the 12-month period from January-December 2019, the PIA suffered accumulative loss in DOC of around Rs 5 billion, according to an official document submitted before the Parliament.
As per the break-up, the airlines bore Rs 566 million DOC loss on Pakistan-Toronto-Pakistan, Rs 58 million on Islamabad-Jeddah-Islamabad, Rs 418.4 million on Islamabad-London-Islamabad, Rs 143 million on Lahore-London-Lahore, Rs 129 on Faisalabad-Jeddah-Faisalabad, Rs 32 million on Sialkot-Riyadh-Sialkot, Rs 66 million on Turbat-Sharjah-Turbat, Rs 27 million on Sialkot-Dammam-Sialkot, Rs 207 million on Pakistan-Copenhagen-Oslo-Pakistan, Rs 49 million on Karachi-Dammam-Karachi, Rs 88 million on Turbat-Mascat-Turbat, Rs 939 million on Pakistan-Paris-Barcelona-Pakistan, Rs 747 million on Pakistan-Milan-Paris-Pakistan, Rs 738 million on Pakistan-Beijing-Tokyo-Beijing-Pakistan, Rs 552 million on Karachi-London-Karachi, Rs 267 million on Pakistan-Oslo-Copenhagen-Pakistan, Rs 177 million on Sialkot-London-Sialkot and Rs 10 million on Quetta-Jeddah-Quetta routes.
APP
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 154,292.26 213.82M | 2.85% 4276.09 |
| ALLSHR | 92,658.58 393.53M | 2.77% 2494.23 |
| KSE30 | 46,904.87 134.91M | 3.12% 1418.41 |
| KMI30 | 221,684.42 82.94M | 3.18% 6829.77 |
| KMIALLSHR | 60,187.46 166.61M | 3.32% 1934.26 |
| BKTi | 42,971.02 70.64M | 2.76% 1155.99 |
| OGTi | 32,492.05 13.03M | 5.29% 1631.20 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 71,780.00 | 74,895.00 70,935.00 | -2905.00 -3.89% |
| BRENT CRUDE | 106.80 | 109.95 100.34 | 3.38 3.27% |
| RICHARDS BAY COAL MONTHLY | 99.40 | 0.00 0.00 | -11.95 -10.73% |
| ROTTERDAM COAL MONTHLY | 121.50 | 121.50 120.85 | -0.15 -0.12% |
| USD RBD PALM OLEIN | 1,083.50 | 1,083.50 1,083.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 95.55 | 98.67 91.45 | 0.02 0.02% |
| SUGAR #11 WORLD | 14.82 | 14.84 14.35 | 0.37 2.56% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Private Sector Credit