Airline Named Pakistan Airways Limited Registered at SECP

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Abbas Ali
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Airline Named Pakistan Airways Limited Registered at SECP

Post by Abbas Ali »

According to news channels, Government of Pakistan got an airline with name Pakistan Airways Limited registered at Securities and Exchange Commission of Pakistan (SECP) on February 19.

Initially this airline will operate flights on domestic routes.

Employees unions will not be allowed in this airline.

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Abbas Ali
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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Abbas Ali »

Most likely under Pakistan's National Aviation Policy, Pakistan Airways will be allowed to operate international flights after completing one year of successful flight operations on domestic routes.

Probably PIA employees will be invited to join the new airline. Possibility of transferring some of PIA aircraft to Pakistan Airways I think cannot be ruled out. Or maybe government will arrange dry leased / wet leased aircraft for the airline.

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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Abbas Ali »

Probably Qatari investment in this airline?

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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Abbas Ali »

Similarity in airline names:

Pakistan Airways.
Qatar Airways.

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cashy
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Re: Airline Named Pakistan Airways Limited Registered at SECP

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Last edited by cashy on Sat Feb 20, 2016 6:28 pm, edited 1 time in total.
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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Abbas Ali »

Pakistan Airways Limited.

Company details document shown on Abb Takk news channel.

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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by cpt_747 »

I am glad that they won't allow any union members to join this new airline.

Well played by the government of Pakistan, very well played.
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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Abdullah »

Details;
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Source: Securities & Exchange Commission of Pakistan

BTW, Shaheen Air, Air Blue and Air Indus already registered as "Limited" companies with SECP.
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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Abbas Ali »

According to Express News channel:

Pakistan Airways will be launched with 50 million dollars.
The airline will operate leased aircraft.
Number of employees per aircraft in Pakistan Airways will be according to airline industry standard.

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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Abdullah »

Does it means the brand "PIA" declared beyond repair?
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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by saadm80 »

Doesn't make sense, Injecting 50 Million USD, Getting Wet lease Aircraft, And will only operate Domestic for a year, I Smell something fishy here...
I have a feeling NS Govt time is over very soon, Sooner then 2018 for sure...
You have the money to start a New Airline but can't inject that money into PIA & Re-Brand the Airline, Improve Marketing, Lay off excessive employees, Induct More Aircraft...
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Abbas Ali
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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Abbas Ali »

Umar Farooq wrote:Does it means the brand "PIA" declared beyond repair?
Probably PIA going to be liquidated.

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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by CoyBoy »

Swissair went so did Sabena, neither were kept and rebranded.
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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Abbas Ali »

Perhaps the two A320s due for delivery to PIA as AP-BLX and AP-BMA can now be delivered to Pakistan Airways?

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Re: Airline Named Pakistan Airways Limited Registered at SECP

Post by Sahil Ali »

Is this by any change a strategy to fly all those profit making domestic routes for one year by bringing in AP-BMA and AP-BLX and some more aircraft for a period of one year and then merging PIA and all of it's fleet into "Pakistan Airways" and fly all the profit making international routes PIA has been flying and escaping all the loans PIA has to return and the losses it has made?