Tag Archives: airline

  In order to make Pakistan International Airlines (PIA) a profitable entity and to bring back the lost glory of our national-flag carrier, the incumbent Prime Minister Nawaz Sharif just last month has decided to add new Boeing 777 carriers to the PIA fleet. With work being done to restore the country’s airline carrier, it is constantly being stressed that PIA needs to be made into a profitable unit and …

  It’s getting tougher to stay in one of the most competitive businesses — air passengers trafficking. It’s a combination of high management skills, acquisition and maintenance of state-of-the-art fleet, expert financial management, and above all, a delicate marketing approach aimed at passenger comfort. A recent AFP Tokyo news article appearing in Gulf Times reports ANA’s joining others in a bid to rescue bankrupt Skymark. The news article opens with …

  The airline industry is expected to have its most lucrative year 2016 in history with global profits of almost $40 billion (£30 billion), driven by a combination of cheaper oil and fuller planes. The International Air Transport Association (IATA) the trade body for airlines said its forecast for a fifth consecutive year of improving profits meant it was now a “normal business”, providing decent returns to investors after years …