According to news report on following link:
PIA in last one year earned revenue of 100 billion rupees.
The airline did record business in past five months.
Tickets worth 90 billion rupees sold.
Five billion rupees earned by PIA Cargo.
Five billion rupees collected as excess baggage charges.
PIA UK station earned GBP 110 million revenue. Fifty percent of this revenue was earned through London flights sales.
Jeddah weekly flights to be increased from 28 to 35.
https://www.roznama92news.com/efrontend ... ate=&n=n32
Abbas
100 Billion Rupees Revenue Earned by PIA in One Year
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Re: 100 Billion Rupees Revenue Earned by PIA in One Year
Why is the cargo revenue so low ?
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Re: 100 Billion Rupees Revenue Earned by PIA in One Year
It is good but the after heavy slide in Rupee value it is not really effective for balance sheet.Abbas Ali wrote: ↑Mon Jan 14, 2019 10:48 am According to news report on following link:
PIA in last one year earned revenue of 100 billion rupees.
The airline did record business in past five months.
Tickets worth 90 billion rupees sold.
Five billion rupees earned by PIA Cargo.
Five billion rupees collected as excess baggage charges.
PIA UK station earned GBP 110 million revenue. Fifty percent of this revenue was earned through London flights sales.
Jeddah weekly flights to be increased from 28 to 35.
https://www.roznama92news.com/efrontend ... ate=&n=n32
Abbas
If 1 dollar still stands for 100 rs and PIA be able to do business of 1bn$ in year then it have some worth associated with it.
Fortune favours brave.
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Re: 100 Billion Rupees Revenue Earned by PIA in One Year
[/quote]
it is good but the after heavy slide in Rupee value it is not really effective for balance sheet.
If 1 dollar still stands for 100 rs and PIA be able to do business of 1bn$ in year then it have some worth associated with it.
[/quote]
One dollar is equal to almost 140 Rs currently soo total Revenue per year of PIA is 700 Million$ / 70 Crore$ . National carrier still have enough potential to fight back if govt pays attention to its root cause of demise.
it is good but the after heavy slide in Rupee value it is not really effective for balance sheet.
If 1 dollar still stands for 100 rs and PIA be able to do business of 1bn$ in year then it have some worth associated with it.
[/quote]
One dollar is equal to almost 140 Rs currently soo total Revenue per year of PIA is 700 Million$ / 70 Crore$ . National carrier still have enough potential to fight back if govt pays attention to its root cause of demise.
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Re: 100 Billion Rupees Revenue Earned by PIA in One Year
How much is the operating and net profit/loss for calendar year 2018?