West Jet Airline
But I can tell you that during eye three years of my time here, the punctuality of Hajj flights was 96% plus.
So they keep a Airline Pia on hand for this purpose.
Eximbank gave Airline its guarantee on the basis of their confidence on the business plan and the numbers we had given.
Then the next phase was to achieve the growth and Pia Airline that we were targeting, while also improving on our manpower.
If you expand the routes, you are expanding your capacity, my more and logically using more fuel.
Along with that the government provided financial support to Pakistan International Airlines to Pia and stabilize it.
We had embarked upon this route expansion in high United States by going to cities like New York, Chicago, and Houston.
Eximbank for $351 million covering 85%, and PIA providing the rest through food self-financing option.
My name had been on this list for quite some time because I had previously ask the Agriculture Bank of Pakistan.
Under the current prices there is no way in any management formula that you can catch up end the prices by raising your fares.
This is not just from the Karachi airport, but also from Lahore, and many parts of the country.
So at this historic turning point, were you brought in?
I asked by him to go and take over PIA to try and turn things around.
Well this is accurate and you know the most important for an airline's perception is the maintenance of the schedule.
- Overall, our to our clients is second to none.
- At that point, President Musharraf asked you to come in and to restructure the company.
- We have leased a couple of wide-bodied last year and we will be doing it this year as well.
- I myself was surprised how this could happen so quickly.
You spoke about how in 1999 the airline was in great difficulty. The other thing is that as the was introducing new plans, the perception was still that the airline was going bankrupt.
Pakistan Airlines was launched 50 years ago and we have seen a number of ups and downs.
The challenge the implementation of that strategy.
Going back to your people, in 1978, PIA set up its Precision Engineering complex manufacture products for commercial aviation.
This gives confidence to other commercial banks.
For them is an important signal from the United States.
Unfortunately, it has taken toll because of the high fuel prices.
Naturally without that it was hard for them go far.
To be successful, it is important that luck is on side.
- In PIA initiated a long term, strategic fleet modernization plan.
- Chairman of Pakistan International Airlines Ahmad Saeed: We guarantee satisfaction.
- First we had to test if could have the market before adding the new planes.
- Fortunately, we have able to sustain the airline.
- Then the first six months of our taking over, we had the airline almost at break-even levels.
I think it was a big achievement on the part of the airline have inducted nine wide-bodied planes in one financial year.
History of PIA - International Airlines Search:.
This has been a big boost since they compete in any international tender to supply parts to the leaders in the aviation industry.
We had some planes with us and did not need many extra planes in order to add to our capacity.
A guarantee from Eximbank like a U.
Our planes are high quality, and safety record is excellent.
We have also ordered two of aircraft for 2006 and finally three more for 2008.
- The Precision Engineering Corporation has been PIA in that it has had a remarkable turnaround in the last few yours.
- There were three them brought during the year 2000 and another three in 2004.
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