Go Back  PPRuNe Forums > Flight Deck Forums > Rumours & News
Reload this Page >

PIA may go for second hand planes

Rumours & News Reporting Points that may affect our jobs or lives as professional pilots. Also, items that may be of interest to professional pilots.

PIA may go for second hand planes

Old 5th Feb 2002, 02:21
  #1 (permalink)  
Thread Starter
Join Date: Jul 2001
Location: Bahrain
Posts: 39
Likes: 0
Received 0 Likes on 0 Posts
Unhappy PIA may go for second hand planes

Pakistan International Airline may go for second-hand planes

Pakistan International Airlines would probably go for purchasing second-hand planes under its 'fleet plan policy' presented to Finance Minister Shaukat Aziz here on Tuesday. The plan would be finalised by end of June.

The organisation has earned profit during last six months, after undergoing the restructuring, sources told Business Recorder.

The federal government would now also undertake monthly review of the position of PIA's funds.

There are various options to purchase Boeings and Airbuses. However, both would be second-hand. This option looks better for the new plan, said sources.

The purchase would be transparent so that no problem could arise later on.

The main point conveyed to the administration is that whatever they buy, they should be able to afford it.

PIA has already asked for floating Rs 14.5 billion TFCs under its second phase of restructuring. It has completed its first phase of restructuring by Rs 4.9 billion loan form Pakistani banks.

The meeting was also attended by the Secretary, Defence, and Minister for Privatisation

<img src="frown.gif" border="0">
GF-A330 is offline  
Old 5th Feb 2002, 17:06
  #2 (permalink)  
Join Date: Sep 2001
Location: Stansted
Posts: 108
Likes: 0
Received 0 Likes on 0 Posts
Thumbs up

Why the sad face? Surely it doesn't matter what they buy, as long as they buy SOMETHING!!
Greg Baddeley is offline  
Old 9th Feb 2002, 11:05
  #3 (permalink)  
Join Date: Jan 2001
Posts: 12
Likes: 0
Received 0 Likes on 0 Posts

In fact they are looking for possible secind hand B777's,which I doubt will be available,when it just entered service around 1996-1997
oneilas is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.