Pakistan International Airlines (PIA) has cleared a significant portion of its outstanding dues with a substantial payment to Pakistan State Oil (PSO).
PIA has recently streamlined its financial obligations by disbursing Rs220 million to PSO, settling fuel payments for two days – Saturday and Sunday. This decisive action has effectively resolved the simmering issue between the two entities, ensuring a consistent fuel supply critical for the airline’s operations. Consequently, PIA’s flight schedules are reverting to standard timelines, enhancing the reliability of its service.
Flight Operations Back on Track
Reconfirming this development, PIA’s spokesperson revealed that the resumption of regular fuel supply from PSO sets the pace for normalized flight schedules. The spokesperson illustrated the airline’s recuperating operational health and said that PIA is slated to operate 48 flights on Friday alone. This tally includes 32 international journeys, highlighting the carrier’s extensive global footprint and 16 domestic flights, underscoring its commitment to national connectivity.
In a testament to its renewed financial strategy, PIA has channelled Rs500 million towards extinguishing its liability to PSO, emphasizing a consistent approach to debt clearance. These payments are part of the airline’s strategy to stabilize its operations and ensure the smooth functioning of its most profitable routes. Currently, PIA’s strategic focus encompasses key international destinations, including lucrative routes to Saudi Arabia, Canada, China, and Kuala Lumpur.