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US says no change to deal on sale of helicopters, counterterrorism equipment for Pakistan -
WASHINGTON, April 20 (APP): The United States on Monday said its one billion dollars sale of helicopters and other military equipment is very much on and there is no change in the counterterrorism relationship with the South Asian country.


World Bank praises Pakistans reforms progress; assures support for economic growth -
WASHINGTON, April 20 (APP): The World Bank has expressed appreciation for Pakistans economic upturn and reaffirmed its support for development of the key South Asian country.


UN chief urges finance leaders to 'plant seeds' of post-2015 development agenda -
WASHINGTON, Apr 19 (APP):  Financing will be key for the creation and unveiling of an ambitious post-2015 development agenda, United Nations Secretary-General Ban Ki-moon declared Saturday, as he stressed that 2015 marked a time of global action for people and the planet.


UN chief slams suicide bomb attack in Jalalabad -
UNITED NATIONS, Apr 19 (APP): UN Secretary-General Ban Ki-moon has strongly condemned Saturday's "barbaric attack" in the Afghan city of Jalalabad, and called for swiftly bringing those responsible to justice.



New Deputy MD IMF applauds Pakistan's economic recovery in meeting with FM Dar -
WASHINGTON, April 19 (APP): Finance Minister Senator Mohammad Ishaq Dar met with Mr. Mitsuhiro Furusawa, the new Deputy Managing Director IMF, and briefed him about the excellent economic recovery, the Pakistani embassy said.



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PIA to start Quetta-Kandhar flights PDF Print E-mail
piac.jpgISLAMABAD, Nov 28 (APP): Prime Minister Raja Pervez Ashraf Wednesday expressed the confidence that the new management of Pakistan International Airline Corporation (PIAC) would bring about a turn around in the national flag carrier with a new passenger friendly face.The Prime Minister made these observations during a briefing made to him on measures taken by the new management of PIAC to improve the operations of Pakistan International Airlines Corporation at Prime Minister’s House.The Prime Minister directed that all the grey areas must be addressed and loopholes plugged and economic viability of PIAC ensured.The Prime Minister further directed the PIAC to consider feasibility of running more flights to Gilgit-Baltistan and Chitral.The Prime Minister was also informed by Managing Director PIAC, M. Junaid Yunus that a business plan of the corporation is being firmed up with emphasis on facilitating the passenger so that business can be attracted.
The business plan being worked out is being prepared with the objective of attaining a break even by 2013, he added. The present share of PIA in the international passenger business generating from Pakistan is 32 percent while PIA has a share of 71 percent in the domestic market, said the Managing Director PIAC.
The Prime Minister was also informed that PIAC has earned operational profit in September and October this year which sets the tone and pace of recovery.
The Managing Director PIAC informed the Prime Minister that PIA is acquiring the first airbus which will join in February 2013 followed by four in March 2013 and three in second half of 2013.
These narrow body aircrafts will be fuel efficient and lead to massive savings in fuel cost which presently constitute 55 percent of total revenue earned by the airlines.
The Prime Minister was also told that a proposal is under consideration to outsource non core operations to reduce employee to aircraft ratio which is presently 485 employees per aircraft.
The Prime Minister was informed that PIA will start flights on Quetta-Kandhar route from December 25 this year. This is the first time that a new destination has been initiated after a very long time in the history of airlines.
The Chairman, PIAC and Secretary Defence, Lt. General ® Asif Yasin Malik said that the new management envisages an airline which will neither be employee or government friendly but passenger friendly.
The meeting was also attended by high officials of the government.
 
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