PIA to sell its JFK, Chicago slots to Turkish Airways
Pakistan International Airlines is selling its take-off and landing slots at John F. Kennedy Airport New York and O’Hare International Airport Chicago completely to the Turkish Airways (TA), The News has learnt.
A top PIA official on condition of anonymity confided to this correspondent, saying that in addition to the recent MoU signed by PIA with TA which dents PIA’s business in more than one way, PIA is selling its take-off and landing slots at New York and Chicago completely to the TA. The deal is under wraps for now and also means that in case PIA wants to buy back these slots it would need to pay many times the amount paid to the TA, the official added. The PIA board of directors however is yet to be taken into confidence on the selling of slots issue.