PIA hopes to resume Europe flights soon after regulator lifts ban

Published December 1, 2024
A PIA Boeing 777. — APP/File
A PIA Boeing 777. — APP/File

Pakistan International Airlines (PIA) said on Sunday it expects to resume European routes soon and is eyeing several UK destinations after the EU aviation regulator lifted its bar on the flag carrier.

The European Union Aviation Safety Agency (EASA) suspended PIA’s authorisation to operate in the EU in June 2020 over concerns about the ability of Pakistani authorities and its Civil Aviation Authority (PCAA) to ensure compliance with international aviation standards.

“PIA plans to approach the UK’s Department for Transport (DfT) for UK route resumption, as EASA clearance is a prerequisite for their decision,” PIA spokesman Abdullah Hafeez Khan told Reuters.

EASA and UK authorities suspended permission for PIA to operate in the region after Pakistan began investigating the validity of pilots’ licenses following a deadly plane crash that killed 97 people.

Khan said the airline expects to resume flights to Europe, starting with Paris, within the next three to four weeks.

Once PIA gets approval for UK flights, Khan said London, Manchester, and Birmingham would be the most sought-after destinations.

PIA and the government, which is aiming to sell a 60 per cent stake in the carrier, had urged EASA to lift the ban, even provisionally. The ban cost the airline 40 billion rupees ($144 million) annually in revenue.

Khan said the company has sufficient cash flow to add new routes. Decisions on leasing new aircraft will be made after the government finalises privatisation discussions, he said.

The loss-making national carrier has a 23pc stake in Pakistan’s domestic aviation market, but its 34-plane fleet can’t compete with Middle Eastern carriers which hold a 60pc market share, due to a lack of direct flights, despite having agreements with 87 countries and key landing slots.

The government’s attempt to privatise the airline fell flat when it received only a single offer, well below its asking price.

With Europe now, and upcoming UK routes, we anticipate increased revenue potential and hence a rise in PIA’s value during the privatisation process,“ Khan said.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Taking cover
Updated 09 Jan, 2025

Taking cover

IT is unfortunate that, instead of taking ownership of important decisions, our officials usually seem keener to ...
A living hell
09 Jan, 2025

A living hell

WHAT Donald Trump does domestically when he enters the White House in just under two weeks is frankly the American...
A right denied
09 Jan, 2025

A right denied

DESPITE citizens possessing the constitutional and legal right to access it, federal ministries are failing to...
Closed doors
Updated 08 Jan, 2025

Closed doors

The nation’s fate has been decided through secret deals for too long, with the result that the citizenry has become increasingly alienated from the state.
Debt burden
08 Jan, 2025

Debt burden

THE federal government’s total debt stock soared by above 11pc year-over-year to Rs70.4tr at the end of November,...
GB power crisis
08 Jan, 2025

GB power crisis

MASS protests are not a novelty in Pakistan, and when the state refuses to listen through the available channels —...