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Case Registered Against Peshawar School Owners After Roof Collapse Kills 31 School Owner Arrested Over Peshawar Roof Collapse KP Orders Structural Checks on Every Government School Federal Constitutional Court Ends Challenge to Afridi’s Appointment Naqvi Calls Direct Rule a Last Resort After Talks Stalled Opposition Alliance Calls Off Talks With the Government DNA Findings Prompt Fresh Scrutiny in Hina Javed Murder Investigation KSE-100 Climbs 769 Points as Rebound Gathers Pace Petrol Cut to Rs390.23 as Diesel Edges Up Again Peshawar High Court to Hear Challenges to KP Governor’s Rule on October 20 Gold Holds at Rs437,836 After Thursday’s Sharp Fall Trump Rules Out Nuclear Weapons Against Iran FBR Extends Income Tax Return Deadline to 31 October Pakistan to Chair IMF and World Bank Governors After 74 Years Nawaz Sharif’s Cars Vandalised in London, CCTV Shows Masked Men IHC Gives PTI More Time to Respond in Case Seeking Ban on Imran Khan’s X Account Drought Drives Thari Herders and Livestock Out of the Desert Two Killed as Landslides, Snowfall Disrupt Travel Across Gilgit-Baltistan Trump Predicts Swift End to Iran War as Tehran Rejects Pressure to Submit IMF Warns Middle East Economies Face Lasting Scars From Regional War Case Registered Against Peshawar School Owners After Roof Collapse Kills 31 School Owner Arrested Over Peshawar Roof Collapse KP Orders Structural Checks on Every Government School Federal Constitutional Court Ends Challenge to Afridi’s Appointment Naqvi Calls Direct Rule a Last Resort After Talks Stalled Opposition Alliance Calls Off Talks With the Government DNA Findings Prompt Fresh Scrutiny in Hina Javed Murder Investigation KSE-100 Climbs 769 Points as Rebound Gathers Pace Petrol Cut to Rs390.23 as Diesel Edges Up Again Peshawar High Court to Hear Challenges to KP Governor’s Rule on October 20 Gold Holds at Rs437,836 After Thursday’s Sharp Fall Trump Rules Out Nuclear Weapons Against Iran FBR Extends Income Tax Return Deadline to 31 October Pakistan to Chair IMF and World Bank Governors After 74 Years Nawaz Sharif’s Cars Vandalised in London, CCTV Shows Masked Men IHC Gives PTI More Time to Respond in Case Seeking Ban on Imran Khan’s X Account Drought Drives Thari Herders and Livestock Out of the Desert Two Killed as Landslides, Snowfall Disrupt Travel Across Gilgit-Baltistan Trump Predicts Swift End to Iran War as Tehran Rejects Pressure to Submit IMF Warns Middle East Economies Face Lasting Scars From Regional War

Articles for tag: Afghanistan, Hamza Azhar Salam, Imran Khan, Pakistan, pakistan daily, PIA's monthly losses balloon to Rs12 billion, raja furqan ahmed, Shehbaz Sharif, The Pakistan Daily, TPD Investigations Desk

September 16, 2023

The Pakistan Daily

Featured News Pakistan

PIA’s monthly losses balloon to Rs12 billion

The monthly losses of the national flag carrier have reached Rs12 billion. The Finance Ministry has refused to bear any more interest and losses on Pakistan International Airlines (PIA) monthly debt. The PIA has to pay more than Rs8 billion monthly interest on loans to commercial banks. The airlines has borrowed Rs260 billion from commercial banks on government guarantee. According to documents, the PIA is not paying Rs1.25 billion in tax to the Federal Board of Revenue (FBR), while it is not paying over Rs1 billion a month to the Civil Aviation Authority. The PIA’s monthly income is Rs22 billion,

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