Airlines refuse to lease aircraft to PIA

[furqan_haider]

4 airlines refuse to lease aircraft to PIA:

Four foreign airlines have refused to give aircraft to the Pakistan International Airlines (PIA) on ‘wet lease’ because of security reasons.

The airlines of Eastern Europe and Central Asia had shown interest in providing four aircraft to the PIA when it floated a tender in early June. But after the attack on Karachi airport and firing at a PIA plane in Peshawar, they have withdrawn the offer.

Under the wet lease agreement, an airline provides aircraft, pilots and cabin crew and maintenance and insurance, while under the dry lease the airline provides only aircraft.

A source in the PIA told Dawn that the foreign airlines had offered to provide 180-seater A320 and 737 aircraft to PIA, but now they expressed their inability to do so citing security issues. He said the national flag-carrier was also facing problems in acquiring planes on dry lease.

“PIA is facing the brunt of terror attacks on two airports and it seems that more difficult time is ahead. The government will have to extend its full support to PIA to deal with the situation,” a senior PIA official said.

Four foreign airlines suspended their flights to and from Peshawar and one to and from Karachi after the attacks.

PIA’s flight operation was hampered a month ago after the return of four aircraft it had acquired on wet lease in December last year from Turkish and Czech Republic airlines.

After the expiry of the lease agreement with these airlines, PIA has reduced the number of its foreign and domestic flights to 26.

With total 25 planes in its fleet, PIA has reduced seven flights on Dubai route, one each on Manchester, Barcelona, New Delhi, Kuala Lumpur, Dhaka, Abu-Dhabi and Kuwait and remaining on domestic routes.

Source: the Dawn

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[Amaad Lone]

There must be hundreds of aircraft if not thousands stored around the world.

Aircraft ranging from 40 year old DC-10s to 5 years old 737-800s.

Airlines gone bankrupt. Airlines unable to pay lease payments.

I refuse to believe that in the last three years of total collapse when PIA fleet of 737s 747s and A310s were being scrapped for parts and grounded, that PIA was not able to lease aircraft.

PIA has been bled on purpose, to buy it cheap.

18 aircraft scrapped in the past few years and finally a single A320 joins PIA.

We are not talking about 787s or A350s, but bloody 737-400s like Shaheen got, so PIA could have maintained flights to cities like Dehli, Mumbai, Dhaka, Colombo, Dubai, Abu Dhabi, and some domestic flights.

How tough was it to get 20 year old 737-400s, most of them were parked in the Nevada desert.

Well good luck with paying salaries of 20,000 employees with just 25 planes.

[umar744]

major most other different airlines economy down same Thai Airways and PIA not one PIA. You know Delta bought Northwest Airlines also United Airlines bought Contintial Airlines. TWA closed down and moved to AA American also Pan Am closed down but PIA brave still fly from 1955 to today 2014. British Midland sold to British Airways. United old 767-300 20 years old still fly UK and Europe. Happen Emirates and Qatar and Eithad maybe turn slow down one day. Thai Airways need more aircraft but reduced flight due to short aircraft but Thai Airways four B744 and four A345 stored park for sale and nobody want buy it. Yesterday UA123 B757 broke down fault technical problem ground cancelled from London to Washington DC. many airlines still problem same like PIA because it NOT perfect 100%

[raihans]

PIA has been bled on purpose, to buy it cheap.

I 100% agree with you, the ground is being prepared, to buy PIA for peanuts, who are responsible, everyone knows!

[umar744]

UK £1 to rs 170 and US $1 = 100 that why PIA budget difficult afford due to world recession same all other world airlines nobody buy or rent Thai Airways B747-400 and A340-500 and A300-600R still stored in Bangkok
Attention:

As we have two 747-400BCF- Boeing Conversion Freighters in operation and would like to explore a demand in a used freighter market.

Our freighters were manufactured in 1990 MSN 24458 and 24459; converted to freighter in 2012.

Maximum take-off weight is 394 tons and Maximum Payload is 111 tons.

Please submit your interest to: thaiaircraft.trading@thaiairways.com

A/C TYPE
B747-400
MSN REG YOM MTOW POWER SEATING CONFIG. AVAILABLE A/C Status AS OF
24993 HS-TGK 1991 394625 CF6-80C2B1F 10F40C325Y Q2/2014 AS IS WHERE IS 3-Mar-14
25366 HS-TGL 1991 394625 CF6-80C2B1F 10F40C325Y Q2/2014 AS IS WHERE IS 3-Mar-14
27093 HS-TGM 1992 394625 CF6-80C2B1F 10F40C325Y Q2/2014 AS IS WHERE IS 3-Mar-14
26615 HS-TGN 1992 394625 CF6-80C2B1F 10F40C325Y Q2/2014 AS IS WHERE IS 3-Mar-14
A/C TYPE
ATR72
MSN REG YOM MTOW POWER SEATING CONFIG. AVAILABLE A/C Status AS OF
164 HS-TRA 1990 21.50 PW124 66Y Q2/2014 AS IS WHERE IS 12-Mar-14
167 HS-TRB 1990 21.50 PW124 66Y Q2/2014 AS IS WHERE IS 12-Mar-14
Spare Engines
ATR72-PW124B
ESN Asset Engine Type Marteriai Number Quantity AVAILABLE Engine Status AS OF
124289 348439 PW124B 3041900 1 Q2/2014 Unservicable 2-Apr-14
124268 348448 PW124B 3041900 1 Q2/2014 Servicable 2-Apr-14


A/C TYPE
A340-500
MSN REG YOM MTOW POWER SEATING CONFIG. 12-Mar-14 A/C Status AS OF
624 HS-TLA 2005 368 RR Trent553 60F42C113Y Q3/2014 AS IS WHERE IS 27-Feb-14
628 HS-TLB 2005 368 RR Trent553 60F42C113Y Q3/2014 AS IS WHERE IS 27-Feb-14
698 HS-TLC 2005 368 RR Trent553 60F42C113Y Q3/2014 AS IS WHERE IS 27-Feb-14
775 HS-TLD 2007 372 RR Trent553 60F42C113Y Q3/2014 AS IS WHERE IS 27-Feb-14
A/C TYPE
B737-400
MSN REG YOM MTOW POWER SEATING CONFIG. AVAILABLE A/C Status AS OF
24830 HS-TDA 1990 64636 CFM56-3C-1 12C137Y Q3/2014 AS IS WHERE IS 27-Feb-14
24831 HS-TDB 1990 64636 CFM56-3C-1 12C137Y Q3/2014 AS IS WHERE IS 27-Feb-14
26612 HS-TDE 1992 64636 CFM56-3C-1 12C137Y Q3/2014 AS IS WHERE IS 27-Feb-14
26613 HS-TDF 1992 64636 CFM56-3C-1 12C137Y Q3/2014 AS IS WHERE IS 27-Feb-14

[Amaad Lone]

Dear Umar

I dont think buying 23-22 year old 747-400s is what would be ideal for PIA. These ex Thai 747s probably have 80,000 hours each on them, so to buy them will be a waste of time

Same with 24 year old 737-400s.

The only interesting aircraft in Thai fleet that might work for PIA (and the ones we can afford) are the five A300-600Rs that Thai got new in 1998. These five A300s could be idea for routes to Dubai, and Saudi Arabia and can serve PIA well for the next five years.

[Amaad Lone]

Sell the hotels and use that money to pay off some debt and get more planes.

What are those hotels doing for PIA. $1 billion property earning around $20 million dollar profit, that is 2% rate of return.

While on its loans PIA is paying between 7% to 12% a year, plus the inability to earn more revenue by inducting more planes.

All they have done since 2008 is talk and think, while on the ground half the fleet got scrapped.

Every day that we think costs the airline $1 million in losses.

[umar744]

Last long time ago I stayed The Rooversevt hotel NY and I love like it very much but it closed 1995 that why all PIA crew moved to Pennesuyin hotel then did not back there. Up to PIA decide keep or sell it. The Roovesrvet hotel is very close to shop, downtown, train, etc