Thursday 4 February 2016

Rs1.8 billion lost to PIA strike


 KARACHI: The national flag carrier has incurred an estimated loss amounting to Rs1.8 billion since last week, as angry employees protested against the government’s proposed plan to privatise Pakistan International Airlines (PIA), spokesperson Danyal Gilani said Thursday.

 Protesters take part in a rally against plans to privatise PIA in Islamabad on Thursday.—DawnNews

As demonstrations against privatisation plans and imposition of Essential Services Maintenance Act 1952 on PIA employees continued for the third day in all major cities, the PIA spokesman told Dawn.com over 150 flights have been cancelled in the past three days of the strike.

Gilani said between Jan 26, when the strike was announced and Feb 2, when a demonstration outside Karachi airport turned bloody as two PIA employees were shot dead, the airline suffered a loss of Rs1 billion.

A PIA spokesman earlier told Dawn that most people had cancelled their bookings because of reports about the strike.
The airline lost Rs500 million between Feb 2 and 3 and by the evening of Feb 4, the cash-strapped carrier will lose another estimated Rs300 million, he said.
Gilani said PIA is in final stages of negotiations with Etihad Airways and Turkish Airlines to facilitate passengers booked to travel internationally. The services of a...

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