Search

Karachi airport sell-off controversy: Here's official clarification regarding secret deal

04:48 PM | 3 Jul, 2024
Karachi airport sell-off controversy: Here's official clarification regarding secret deal

KARACHI - The Civil Aviation Authority (CAA) has dismissed rumors circulating on social media regarding the alleged sale of Jinnah International Airport, Karachi.

In a statement issued on Tuesday, a CAA spokesperson addressed what he described as false information that began circulating on Monday about a supposed secret sale of Jinnah International Airport.

The spokesperson categorically refuted these reports, emphasizing their baseless and inaccurate nature.

"The Karachi airport remains fully under the administration of the CAA," the spokesperson affirmed.

The official advised the public to disregard these unfounded rumors, urging citizens to rely on official sources for accurate information regarding matters concerning the airport's management and operations.

It is to be highlighted that the federal government has time and again announced to outsource operations at three airports across the country i.e. Islamabad International Airport, Allama Iqbal International Airport, Lahore, and Jinnah International Airport, Karachi.

It has also been clarified that Islamabad airport would be the first amongst the airports to be outsourced and that too for a period of 15 years. 

It is to be highlighted that the former Aviation Adviser had said that only the operation and management of specific airport components would be outsourced, while critical services such as the Air Traffic Control Tower, Rescue and Fire Fighting Services and Air Navigation services would remain under the administrative control of the Pakistan Civil Aviation Authority.

The government has already clarified that after the outsourcing of Islamabad International Airport, the airports in Lahore and Karachi would also be outsourced though looking at the situation of Islamabad Airport's outsourcing, the process seems complex and tricky.

Daily Pakistan Global Web Desk

Advertisement

Today Open Market Currency Rates - Pak Rupee to US Dollar, Euro, Pound, Riyal - 5 July 2024

Pakistani currency rates against US Dollar and other currencies on July 5, 2024 (Friday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.55 for buying and 280.6 for selling.

Euro's buying rate moves up to 294.25 and selling rate is 297.75 while British Pound rate is 350.75 for buying, and 353.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal increases to 73.1.

Currency Symbol Buying Selling
US Dollar ‎USD 277.55 280.6
Euro EUR 294.25 297.75
UK Pound Sterling GBP 350.75 353.65
U.A.E Dirham AED 75.2 76
Saudi Riyal SAR 73.1 73.9
Australian Dollar AUD 182.1 183.9
Bahrain Dinar BHD 740.12 748.12
Canadian Dollar CAD 202.9 204.9
China Yuan CNY 38.25 38.65
Danish Krone DKK 40.03 40.43
Hong Kong Dollar HKD 35.6 35.95
Indian Rupee INR 3.33 3.43
Japanese Yen JPY 1.9 1.98
Kuwaiti Dinar KWD 907.61 916.61
Malaysian Ringgit MYR 58.89 59.69
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal ‎QAR 76.34 77.04
Singapore Dollar SGD 202.15 204.15
Swedish Korona SEK 26.4 26.7
Swiss Franc CHF 309.11 311.61
Thai Bhat THB 7.57 7.72

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter