Wednesday 16 April 2014

Unpaid dues: Saudi aviation authority threatens to stop PIA flights

KARACHI: Saudi Arabia's General Authority for Civil Aviation (GACA) warned the Pakistan International Airlines (PIA) of halting all flights in case unpaid dues were not cleared by the national airliner by April 17.

According to the notification, sent by Saudi General Authority of Civil Aviation , PIA flights will be stopped from April 17 onwards if the dues were not paid.

Sources said that the dues owed to the Saudi aviation also include 500,000 riyals from year 2005.

PIA has been suffering losses worth billions since many years and its accumulated dues have been on the rise. The national airline had recorded cumulative losses of Rs141 billion from 2002 to 2012.

The PIA had also suffered financial losses to the tune of Rs401 million in Hajj operations 2012.

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