Coronavirus costs PIA a loss of Rs4 billion – Research Snipers

Coronavirus costs PIA a loss of Rs4 billion

Defence Day Discount

Due to the suspension of the flight operations to different countries to prevent the spread of the novel coronavirus, the Pakistan International Airlines (PIA) suffered a loss of over Rs4 billion.

According to the details, the Pakistan Civil Aviation Authority (CAA), on the other hand, suffered a loss of Rs2.5 billion during the period of the last 10 days.

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One of the reasons behind the national airline’s loss is that empty aircraft were being sent to the Kingdom of Saudi Arabia to bring the Pakistani pilgrims back to the country. Pakistan International Airline (PIA) further suspended its flight operation on several routes, including China, Kuwait, Italy, Qatar, Japan, and the Saudi Kingdom.

It is worth mentioning here that the aviation industry was terribly affected by the outbreak of the novel coronavirus (COVID-19). The aviation experts warned that most of the airlines will face bankruptcy by the end of May due to the outbreak of the deadly virus.

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