Profit E-Magazine Issue 200

Page 22

Redelivery of the two aircrafts has faced continuous delays because of negligence and travel restrictions

22

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By Abdullah Niazi akistan International Airlines (PIA) is currently paying a cumulative $600,000 monthly rental fee for two Airbus A320 planes that have been parked in Jakarta for the past nine months and are not being used

by the national air carrier. The rent of each plane is $295,000 a month. Subsequently, the PIA has ended up spending millions of dollars on the two planes because of a serious delay in the redelivery process of the planes – after the company that leased PIA the planes claimed that the PIA had replaced parts in the plane and had


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Profit E-Magazine Issue 200 by Pakistan Today - Issuu