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North Air – New airline launched to boost tourism in Pakistan

05:51 PM | 24 May, 2021
North Air – New airline launched to boost tourism in Pakistan

ISLAMABAD – The Civil Aviation Authority (CAA) has issued TPRI (Tourism Promotion and Regional Integration) license to a newly launched private airline, North Air, amid country-level efforts to boost tourism.

The private carrier is planned to operate flights for Gilgit, Skardu, Chitral and Gwadar from different cities of Pakistan.

Initially, the airline will operate flights between Islamabad-Gilgit, Islamabad-Skardu, Islamabad-Chitral and Islamabad-Gwadar.

Back in March, it had emerged that rhree new air operators are in the final stages of certification by Pakistan’s Civil Aviation Authority (CAA) and once that’s done, they will start operations in the regional airline's space.

According to the sources, the scrutiny of two airlines, Q-Airlines and Fly Jinnah, has been completed while the third airline Jet Green Airlines is still going through the inspection process.

The applications will be sent to Aviation Division and later to the federal cabinet for final approvals.

With the addition of three new airlines, the number of private carriers operating will increase to six. Airblue, SereneAir, and AirSial are the three existing airlines operating in the country of approximately 217 Million whereas Pakistan International Airlines (PIA) is still the largest and oldest carrier in the country.

According to the aviation law, the new airlines must operate domestic flights for at least one year before launching international flight operations.

With the launch of three new airlines, a good number of jobs are supposed to be created as the aviation industry is still facing the worst financial crisis since the start of the Covid-19 pandemic.

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PKR exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 21 Feb 2024

Pakistani currency remains stable against US dollar and other currencies in the open market on February 21, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300 for buying and 303 for selling while British Pound rate stands at 350.5 for buying, and 354 for selling.

UAE Dirham AED hovers at 76.15 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 21 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300 303
UK Pound Sterling GBP 350.5 354
U.A.E Dirham AED 76.15 76.9
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
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 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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