Airlines

Aviation minister says Pakistan International Airlines could suffer $1 Billion losses by 2030

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Pakistan International Airlines (PIA) may suffer significant losses of Rs 259 billion by the year 2030 if immediate remedial steps, including the transfer of its administrative management to the private sector, are not undertaken, the aviation ministry’s Khawaja Saad Rafique warned on Friday.

He emphasized the importance of moving through with critical reforms as soon as possible, such as giving the private sector administrative responsibility.

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His concerns were expressed during his statement on the Senate floor, when he also introduced “The Pakistan International Airlines Corporation (Conversion) (Amendment) Bill, 2023.” Given PIA’s substantial debt of Rs. 742 billion, the minister stressed the urgent need for foreign direct investment (FDI) and the transfer of administrative authority to private organizations to ensure the airline’s sustainability.

However, during the proceedings, many senators strongly opposed the proposal. In order to make PIA a viable organization, the Senate chairman recognized the importance of FDI and private sector involvement. They referred the matter to the relevant standing committee for more research.

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A bell rang for fifteen minutes to make sure that everyone was present after PTI MPs raised concerns about the quorum during the discussion. The quorum was restored and the House began to discuss the future of PIA. In its main body, the bill suggests amending Section 3, which specifies that the corporation’s shareholders will continue to hold the same number of fully paid shares while retaining their present rights and advantages.

Additionally, the federal government may issue new shares or revoke existing ones by an official gazette notification as needed during the validity term. The standing committee, which will carefully examine the measure and its suggested revisions, will now decide the future of PIA.

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Related Topics:Pakistan international airlines

Airlines

British Airways Unveils Its Brand-New First Class Cabin for the Airbus A380

British Airways has introduced its brand-new First Class seat, blending sleek design with expert British craftsmanship. Reflecting modern British luxury travel, this new cabin is part of the airline’s Airbus A380 retrofit plans, set to take flight in mid-2026.

The updated First Class cabin has been crafted to feel like a modern luxury hotel in the sky, complete with cozy touches and thoughtful British details.

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Designed by top experts from across Great Britain and Ireland—including London, Glasgow, West Yorkshire, Kilkeel, and Dublin—the seat reflects the best of British design and quality.

Features and Comforts
The new First Class seat is ultra-wide at 36.5 inches, with a bed length of 79 inches for ultimate comfort. It includes:

A multi-purpose ottoman and stowable table.
A 32-inch 4K TV screen.
Adjustable mood lighting with modes like “relax,” “dine,” and “cinema.”
A cocooned 60-inch curved wall for privacy while maintaining a spacious feel.

Passengers traveling together can enjoy a shared experience with a sliding divider that creates a lounge-like space. The stowable tables also allow for “buddy dining,” where two people can dine together.

The cabin’s flowing curves, inspired by the iconic Concorde wings, create a welcoming and stylish environment. Additionally, passengers can now wheel their luggage directly into their personal storage space, making settling in easier.

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British Airways carefully considered customer feedback when designing this cabin. The seat includes practical storage and features like a fully rectangular bed for home-like comfort. Every detail, from usability to elegance, has been designed to enhance the travel experience.

British Airways is proud to be the only UK-based European airline offering a First Class product across the Atlantic. british airways premium economy and First Class travelers enjoy exclusive perks such as stylish seats, access to luxury lounges, fast-track security, and the First Wing at Heathrow. The airline ensures a premium experience from booking to landing.

This cabin upgrade is part of British Airways’ £7 billion investment in improving customer experiences. The airline has already introduced over 120 initiatives, including new short-haul seats, free onboard Wi-Fi messaging, and refreshed lounges worldwide.