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'World's Best Airline' is abolishing first class: Here's the reason

12:02 AM | 5 Jun, 2023
'World's Best Airline' is abolishing first class: Here's the reason

QATAR -  Known for its top performance and 'World's Best Airline' award, Qatar Airways has announced that its upcoming long-haul aircraft will not feature first-class berths.

According to CEO Akbar Al Baker, the investment in luxurious first-class seats does not justify the returns, especially when the airline's business class is offering similar amenities.

Al Baker elaborated in an exclusive interview that he fails to see the necessity of investing in a subclass that duplicates the perks of first class.

The CEO of the firm believes that the future lies in Qatar's business class, known as the "Q-suite." The decision - which has apparently sent a thunderbolt through the aviation industry -  comes as Qatar Airways plans to retire its Airbus A380s, which still include first-class seats, and replace them with the next-generation Boeing 777X aircraft.

First class has often been regarded as a mere gimmick reserved for corporate clients' top executives or a luxury indulgence sought by ordinary passengers looking for a once-in-a-lifetime travel experience.

The decision by Qatar Airways is likely to attract other aviation players as well though some are still skeptical whether the first class should be abolished or not as it runs contrary to the five-star image. 

Moreover, the competitors including Qantas Airways Ltd, Air France, and others are already trying more and more to provide high-end facilities and services to the passengers. 

Although it varies from one carrier to another, typically first class and economy class are two distinct seating options available on commercial airplanes, offering different levels of comfort, amenities, and services.

In the first class, passengers experience a luxurious and premium travel experience as they enjoy spacious and comfortable seats, often with the ability to fully recline or convert into a bed for long-haul flights. First-class passengers also receive personalized service from dedicated cabin crew members, priority boarding, access to exclusive lounges, and enhanced meal options.

On the other hand, economy class provides a more affordable option for travelers. The seats are smaller and have less legroom, with a more limited recline. Amenities in economy class are more basic, with smaller personal screens, standard meal options, and standard headphones. Economy class passengers receive standard service from flight attendants and do not have access to the exclusive perks enjoyed by first-class passengers. 

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on October 1, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on October 1, 2023 (Sunday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 286.05 289.15
Euro EUR  307 310
UK Pound Sterling GBP 353.3 357
U.A.E Dirham AED 80 80.8
Saudi Riyal SAR 76 76.75
Australian Dollar AUD 189 191
Bahrain Dinar BHD 778.84 786.84
Canadian Dollar CAD 220 222.2
China Yuan CNY 40.24 40.64
Danish Krone DKK 41.83 42.23
Hong Kong Dollar HKD 37.93 38.28
Indian Rupee INR 3.57 3.68
Japanese Yen JPY 1.63 1.71
Kuwaiti Dinar KWD 945.27 954.27
Malaysian Ringgit MYR 62.62 63.22
New Zealand Dollar NZD 174.58 176.58
Norwegians Krone NOK 27.87 28.17
Omani Riyal OMR 762.31 770.31
Qatari Riyal ‎QAR 80.69 81.39
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.62 26.92
Swiss Franc CHF 323.01 325.51
Thai Bhat THB 8.12 8.27

Gold Rate in Pakistan Today – October 1, 2023

Today Gold Rate in Pakistan

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 202,800 on Sunday.

The price of 10 grams of 24k gold was recorded at Rs 173,870.

Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Today Gold Price in Pakistan - 1 October 2023

City Gold Silver
Lahore PKR 202,800 PKR 2,420
Karachi PKR 202,800 PKR 2,420
Islamabad PKR 202,800 PKR 2,420
Peshawar PKR 202,800 PKR 2,420
Quetta PKR 202,800 PKR 2,420
Sialkot PKR 202,800 PKR 2,420
Attock PKR 202,800 PKR 2,420
Gujranwala PKR 202,800 PKR 2,420
Jehlum PKR 202,800 PKR 2,420
Multan PKR 202,800 PKR 2,420
Bahawalpur PKR 202,800 PKR 2,420
Gujrat PKR 202,800 PKR 2,420
Nawabshah PKR 202,800 PKR 2,420
Chakwal PKR 202,800 PKR 2,420
Hyderabad PKR 202,800 PKR 2,420
Nowshehra PKR 202,800 PKR 2,420
Sargodha PKR 202,800 PKR 2,420
Faisalabad PKR 202,800 PKR 2,420
Mirpur PKR 202,800 PKR 2,420

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