PIA seeks Rs15bn loan, urgently appeals to govt for financial assistance

Pakistan International Airlines (PIA) has urgently appealed to the government for financial assistance, seeking relaxation from the State Bank of Pakistan (SBP) to arrange a loan of Rs15 billion from commercial banks.

Facing operational challenges and potential risks of suspension, the Civil Aviation Authority (CAA) has already granted a Rs5 billion facility to keep the national carrier…

Continue Reading


News Source: profit.pakistantoday.com.pk