PIA paid Rs220m to PSO for just two-day fuel supply

According to the private news channel on Friday, the national flag carrier Pakistan International Airlines (PIA) has paid the Pakistan State Oil (PSO) Rs220 million for a two-day fuel supply.

The PSO received payment for fuel for Saturday and Sunday in the amount of Rs220 million from the PIA. The airline and PSO have settled their disagreement over fuel payment, and the flying schedule will soon resume as usual.

A representative for the national flag carrier stated yesterday that the gasoline supply from PSO has restored, and the airline’s flight schedule is now back to normal.

The spokesperson said in a statement that the airline is operating 48 flights today (Friday) including 32 international and 16 domestic.

The PIA spokesperson said that airline has paid Rs500 million so far to the PSO for the provision of fuel, adding that the national flag carrier is making payments to PSO daily.

PIA is currently acquiring fuel for profitable routes including Saudi Arabia, Canada, China, Kaula Lumpur and others.

Also Read: Private airlines started charging 40k to 70k for domestic flights

Due to PIA’s flight operations being affected, there has been additional pressure on private airlines, due to which the airlines have increased their fares.

According to Naji TV, domestic private airlines are charging 40,000 to 70,000 rupees, fares from Karachi to Lahore are charging 35,000 to 49,000 rupees. (read more)