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PIA to resume flights to Europe in first quarter of 2022: CEO

11:55 PM | 31 Dec, 2021
PIA to resume flights to Europe in first quarter of 2022: CEO

ISLAMABAD – The Pakistan International Airlines (PIA) will resume flights to Europe in the first quarter of 2022, the PIA chief executive officer has said.

The PIA chief's statement came after an International Civil Aviation Organization’s (ICAO) validation committee cleared a safety audit report on the Pakistani flag carrier this month.

In July 2020, the European Union Aviation Safety Agency (EASA) had suspended the authorization of PIA to operate in EU member countries over licensing and flight safety concerns.

The licensing scandal tainted Pakistan’s aviation industry and the country grounded 262 airline pilots suspected of dodging their exams following checks of their qualifications.

An ICAO audit team visited Pakistan to undertake a safety audit of the aviation authority and completed the process on December 10. However, its final report has yet to be released, after which the Significant Safety Concerns (SSC) would be gradually eased out.

PIA CEO Arshad Malik said in an interview this week: “You’ll be glad to know that very recently the ICAO Audit has also been conducted. Although formal information has not been shared with us, but we are very, very positive.”

“I think by next year’s first quarter, we should be able to fly out our wings to Europe, and the ban should be lifted.”

He said he sorted out in-house affairs of the airlines and brought the safety and quality team under his control. “I got an Air Vice Marshall to look after the safety aspect. We presented ourselves to Pakistan Civil Aviation, and thereafter, the international auditors came.”

Malik said unfortunately, there had been political intervention in the organization for about two decades and there were people who were getting stronger rather than the organization.

“The people started to merge together in associations and in unions, and they were trying to manipulate and they were trying to control the organization,” he said.

“Over a period of time because of these interventions, we had lost merit-oriented decisions. We were also not taking commercial-based decisions. We were being dictated upon. Once all these things were going on, naturally, your performance indicators started to go down.”

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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