PIA cancels another 25 flights as PSO suspends fuel supply over unpaid dues

11:51 AM | 22 Oct, 2023
PIA cancels another 25 flights as PSO suspends fuel supply over unpaid dues
Source: File Photo

ISLAMABAD – Over two dozen flights including some international trips of Pakistan International Airlines have been canceled, causing inconvenience to passengers amid a significant financial crisis due to growing dues owed by the country’s national flag carrier.

The country’s aviation sector is facing a severe crisis, with a numbers of PIA flights being canceled or postponed, and the disruption has left passengers stranded for hours.

Latest media reports suggest that 16 flights departing from the country’s financial hub Karachi to several airports were cancelled on Sunday. Two flights between Islamabad and Jeddah have also been suspended.

The development comes as Pakistan State Oil (PSO) again suspended fuel supply to airline amid non-transfer of daily payment to ensure fuel supply.

The airline earlier agreed with i state-owned petroleum corporation for a daily payment to continue fuel supply for essential routes but the non-transfer of daily payment continues.

PSO is reportedly not happy to give leniency to another state institution while an airline spokesperson claimed PUA paid Rs500 million so far to the PSO for the provision of fuel, adding that the national flag carrier is making payments to PSO daily.

Daily Pakistan Global Web Desk


Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 25 Feb 2024 forex rates

Pakistani rupee remains stable against US dollar in the open market on February 25, 2024 (Sunday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 25 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


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