PIA to buy eight new Boeing planes
Pakistan International Airlines (PIA), the flag carrier of Pakistan, will induct eight new Boeing planes in its fleet by March 2013.
Following the induction of the new Boeing 737-800 planes, three old Boeing 737-300 and five Airbus A-310 will be grounded and sold out, the Online news agency reported.
The new planes will be flown on routes to Dubai, Muscat, Doha, Kuwait, Abu Dhabi, Qatar, Kabul, Mumbai and New Delhi.
The national airlines is locked in tough competition on these routes with international carriers and Pakistani private airlines including Shaheen and Air Blue, the report said.
PIA has lost innumerable passengers on these routes due to usage of old planes.
The national airlines has suffered losses ranging between Rs.35 and Rs.40 billion.