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Pakistan okays private airline to launch international flight operations

08:27 PM | 8 May, 2024
Pakistan okays private airline to launch international flight operations

ISLAMABAD - The government of Pakistan has allowed a private airline to start international operations for the ease and comfort of passengers who have limited options at the moment.

Air Sial has been given the go-ahead by the federal cabinet on Tuesday to launch flights to China, Malaysia, Sri Lanka, Thailand, Turkey, the United Kingdom and Kuwait.

Chaired by Prime Minister Shehbaz Sharif, the cabinet approved new International routes for Air Sial on the recommendations of the Ministry of Aviation under the National Aviation Policy 2023 and Air Services Agreement.

The approval came after the Aviation Division briefed the cabinet members about the efficacy of the decision and how it would be beneficial for the flyers. The detailed schedule of flights would be announced by Air Sial after the completion of formalities.

Regarding the history of the airline, it is worth mentioning that the members of the Sialkot Chamber of Commerce and Industry conceived the Air Sial project in 2015.

Interestingly, Air Sial was ranked as the second most punctual airline in the country by a report unveiled by the Civil Aviation Authority last year.

While Pakistan International Airlines (PIA) ranked fifth in domestic flights in punctuality, the top 4 slots were taken by the private carriers as their on-time departure and arrival ratio was much better than that of the national flag carrier.

Private carrier Fly Jinnah grabbed the top slot with an 87.93% flight punctuality rate while Air Sial stood second with its flight punctuality rate recorded at 86.89%.

Daily Pakistan Global Web Desk

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 19 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 19, 2024 (Wednesday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.50 for buying and 280.65 for selling.

Euro's buying rate stands at 296 and selling rate is 299 while British Pound rate is 349.7 for buying, and 353.25 for selling.

UAE Dirham AED was at 74.80 and Saudi Riyal at 72.80.

Forex Rates 

Currency Symbol Buying Selling
US Dollar USD 277.50 280.65
Euro EUR 296.00 299.00
UK Pound Sterling GBP 349.70 353.25
U.A.E Dirham AED 74.80 75.60
Saudi Riyal SAR 72.80 73.55
Australian Dollar AUD 182.00 184.00
Bahrain Dinar BHD 741.18 749.18
Canadian Dollar CAD 204.00 206.00
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.18 40.58
Hong Kong Dollar HKD 35.66 36.01
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.90 1.98
Kuwaiti Dinar KWD 909.34 909.34
Malaysian Ringgit MYR 59.30 59.90
New Zealand Dollar NZD 170.79 172.79
Norwegians Krone NOK 25.97 26.27
Omani Riyal OMR 723.88 731.88
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203.65 205.65
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 311.90 314.40
Thai Bhat THB 7.58 7.73

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