Q-Airlines, Fly Jinnah, and Jet Green Airlines are the new airlines in the process of seeking regulatory approvals
ISLAMABAD – Three new air operators are in the final stages of certification by Pakistan’s Civil Aviation Authority (CAA) and once that’s done, they will start operations in the regional airline's space.
According to the sources, the scrutiny of two airlines, Q-Airlines and Fly Jinnah, has been completed while the third airline Jet Green Airlines is still going through the inspection process.
The applications will be sent to Aviation Division and later to the federal cabinet for final approvals.
With the addition of three new airlines, the number of private carriers operating will increase to six. Airblue, SereneAir, and AirSial are the three existing airlines operating in the country of approximately 217 Million whereas Pakistan International Airlines (PIA) is still the largest and oldest carrier in the country.
According to the aviation law, the new airlines must operate domestic flights for at least one year before launching international flight operations.
With the launch of three new airlines, a good number of jobs are supposed to be created as the aviation industry is still facing the worst financial crisis since the start of the Covid-19 pandemic.
Earlier in June 2020, Pakistan International Airlines has grounded 150 pilots over claims they may not hold a valid licence after the aviation minister told parliament that a large number of commercial pilots hold fake licences or cheated in exams.
Following the startling revelation of the key minister, European Union has extended its ban on Pakistan International Airlines (PIA) and informed that the ban on flights to Europe would only be lifted after a safety audit of the Civil Aviation Authority (CAA). The EU suspended all PIA flights to Europe in July for six months over concerns about PIA pilots.
Pakistani rupee inches up against US dollar in the open market on 28 March, 2024.
In the open market, the US dollar was being quoted at 278.4 for buying and 281.4 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.4 | 281.4 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.7 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.70 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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