ISLAMABAD - Pakistan will soon start producing commercial aircraft for the domestic and international markets, said a senior official.
Air Marshal Ahmer Shahzad of Pakistan Aeronautical Complex (PAC) told Khaleej Times in an interview that they are looking at producing commercial aircraft with 10 to 30-seat capacity both for executive and non-executive passengers.
“As economic activity picks up with the China-Pakistan Economic Corridor, we require fast and efficient air transportation to fulfill domestic requirements. We’re also eyeing on international requirements in the Middle East and Central Asia,” Shahzad said on the sidelines of the Dubai Airshow 2017.
The Pakistan Aeronautical Complex is a Pakistani aerospace, defence, aviation contractor and military corporation producing aerial systems for both military and civilian usage.
Shahzad said work on the commercial plane project is expected to start soon.
Commenting on competition in the commercial aircraft segment, he said: “We’ve produced the Super Mushshak and it’s being sold successfully despite competition. If we make it [commercial aircraft] cost-effective, with sustained logistics and maintenance, it is going to be attractive to international customers.”
The aircraft will be produced at the Pakistan Aeronautical Complex’s headquarters in Kamra.
Shahzad revealed that Pakistan is going to resume production of more advanced unmanned aerial vehicles too.
Replying to a query about expectations of orders for the JF-17 Thunder and Super Mushshak, the PAC chief said they’re looking for new markets in the Middle East and the Far East.
“There are a number of potential buyers for Super Mushshak — which is used for training purposes too.
We are fulfilling the requirements of the Pakistan Air Force and are capable of manufacturing aircraft for exports too. Right now, our annual production for JF-17 is 20 aircraft,” he said
The Pakistan Aeronautical Complex has already signed deals with Turkey, Qatar, Nigeria and Azerbaijan for aircraft export orders.–APP
Pakistani rupee inches up against US dollar in the open market on 28 March, 2024.
In the open market, the US dollar was being quoted at 278.4 for buying and 281.4 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.4 | 281.4 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.7 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.70 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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