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PIA ends flights to Kuwait

07:46 PM | 26 Jan, 2018
PIA ends flights to Kuwait
LAHORE - The national flag carrier has stopped its flight operations to Kuwait from February 1, according to media reports.

Officials say the airline will no longer book flights for Kuwait through its reservation system from February 1.

Pakistan International Airlines had been incurring an annual loss due to its flight operations to the US, prompting the management to stop flights.

In November, PIA closed routes to three European destinations - Barcelona (Spain), Paris (France) and Milan (Italy) - after it suspended flights to New York.

The news comes amid reports that the government will sell PIA’s core business by April 15th.

Privatisation Minister Daniyal Aziz in a recent press conference informed that the government was only planning to privatise the core business which includes the management and flight operations of the airline, while the remaining business would continue being the government’s property.

Furthermore, it was informed that the government will develop another company that will control all of PIA’s assets.

The writer is a member of the staff.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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