Loss of More Than 41 Billion Rupees Suffered by PIA in Nine Months

[Abbas Ali]

According to following news report, PIA has suffered loss of 41.25 billion rupees in nine months. The airline's revenue increased by 4.4 percent.

Major factors for losses include:

• Fall in the value of Pakistan Rupee by six percent.
• Twenty-two percent increase in oil prices.

Exact time period not mentioned in the news report.


Source: Nai Baat

Abbas