The Aviation industry in Pakistan and the national carrier suffers severe financial crisis due to Coronavirus.
PIA and Civil Aviation incurred more than 19 billion in one and a half months, The National Airline lost 12 billion and 500 million in one and a half months, on the other side Civil Aviation Authority lost 6 billion and 910 million in just 45 days of Coronavirus. Flight operation suspended due to the spread of Coronavirus Has plagued Pakistan’s aviation industry with a severe financial crisis.
Flight aviation operations at home and abroad where the national airline was damaged caused the civil aviation authority to be financially harmed by the ban on aviation operations on foreign airlines. According to sources, PIA, Civil Aviation suffered a total loss of 9 billion and 50 crores in March, while in the first two weeks of April, PIA and Civil Aviation’s collective loss reaches 10 billion 150 million.