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Articles for tag: Afghanistan, Hamza Azhar Salam, Imran Khan, Pakistan, pakistan daily, pay salaries, PIA secures Rs17bn loan to restore flight operations, raja furqan ahmed, Shehbaz Sharif, The Pakistan Daily, TPD Investigations Desk, TPD Leaks

September 17, 2023

The Pakistan Daily

Featured News Pakistan

PIA secures Rs17bn loan to restore flight operations, pay salaries

ISLAMABAD: Pakistan International Airlines (PIA) has finally received a cash injection of Rs17 billion for its survival. The cash-strapped national carrier managed to get a bank loan, after which its administrative affairs are said to be running smoothly. According to PIA spokesman Abdullah Hafeez Khan, the airlines secured Rs17 billion bank loan following which salaries of employees have been paid and the flight operation are going normal. The spokesman earlier had claimed that the airline was releasing funds and fulfilling its national and international obligations. Payments will also be reportedly made to fuel companies and spare parts of the aircraft

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