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PIA to start Islamabad-Gwadar direct flights soon

04:18 PM | 12 Jan, 2018
PIA to start Islamabad-Gwadar direct flights soon
KARACHI - Pakistan International Airlines (PIA) has announced direct flight service from Islamabad to Gwadar to increase its air traffic.

Gwadar port under CPEC agreement will move towards completion this year and soon will become the economic and tourism hub of Pakistan. So, PIA authorities are trying to take maximum advantage out of it.

By the end of March 2017, the national airline was facing a loss of PKR 319.1 billion, but now adding a lucrative destination is expected to give the failing airline a boost.

Recently, PIA suspended flights to New York because of which the airline suffered a loss of Rs1.5 billion per year.

Chief Executive Officer of PIA Musharraf Rasool Cyan said, “We would connect Islamabad and Gwadar by the end of this year. Being the national carrier, we feel the responsibility for improving connectivity through Pakistan.”

Moreover, the new Islamabad airport will also start its operation in the first half of this year, which will cater to the passengers and tourists from Europe, China, and Africa.

Currently, the national flag carrier flies to around 110 destinations each day with a fleet of just 36 aircraft; but now the concerned authorities are planning to expand it to 44 carriers in the next three years.

PIA also plans to extend its operations to DG Khan and Lahore from Islamabad in 2018.

The writer is a member of the staff. He can be accessed on Twitter @iamnozair

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PKR rate against US Dollar, Euro, Pound, Riyal - Check 16 April forex rates

Pakistani currency gains momentum against all currencies on April 16, 2024 Tuesday. US dollar was being quoted at 277.9 for buying and 280.85 for selling.

Euro was quoted at 295 for buying and 298 for selling while British Pound stands at 345 for buying, and 349 for selling.

UAE Dirham AED was at 75.4 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 15 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.9 280.85
Euro EUR 295 298
UK Pound Sterling GBP 345 349
U.A.E Dirham AED 75.45 76.2
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 182.7 184.5
Bahrain Dinar BHD 739.38 747.38
Canadian Dollar CAD 204 206.2
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.91 912.91
Malaysian Ringgit MYR 58.92 59.52
New Zealand Dollar NZD 167.63 169.63
Norwegians Krone NOK 25.38 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.35 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.61 7.76

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