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Ethiopian Airlines resumes flights to Pakistan after 19 years

04:10 PM | 10 May, 2023
Ethiopian Airlines resumes flights to Pakistan after 19 years

KARACHI - The airline operating huge network in Africa has resumed its operations in Pakistan after a gap of 19 years.

'Ethiopian Airlines' has restarted direct flights to Karachi and the first flight in this regard with 110 passengers onboard landed at the Jinnah International Airport this morning.

Those who arrived in the country include senior Ethiopian officials, diplomats, and a trade delegation, who were given a rousing welcome upon arrival.

Chief Minister Sindh, Syed Murad Ali Shah along with provincial ministers including Sharjeel Inam Memon, Nasir Shah, Ikramullah Dharejo, and Murtaza Wahab welcomed the passengers at the Old Terminal.

The flight, ET 694, departed from Addis Ababa and took four hours and 25 minutes using a brand new Boeing 737 Max 8 aircraft to transport the passengers who were overjoyed at the resumption of service.

The airline also announced the development on its Twitter account. "Ethiopian Airlines is pleased to announce that it has commenced four times weekly direct flights to Karachi, Pakistan," the tweet read.

Ethiopian Airlines operated direct flights to Karachi in the 1960s and 1990s but discontinued its sevices due to different reasons.

Addressing a press conference in Karachi, the Ethiopian ambassador to Pakistan, Jamal Beker Abdula, thanked the Pakistani government for restoring air connectivity and highlighted the potential benefits of direct flights for promoting trade and tourism between the two countries.

Pakistan's aviation industry is fast changing with closure of few airlines and entry of new players. A few months earlier, British airline Virgin Atlantic announced to close operations in Pakistan citing ‘low yield operations’ while Ethiopian Airlines announced to begin operations in the country.

At present, carriers are facing challenges in repatriating dollars because of low foreign exchange reserves of the country. 

Air carriers sell tickets in local currency but then they need to repatriate dollars to pay for expenses such as fuel and maintenance charges and certainly a delay in the process dents their financial balance.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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