Pakistan, April 21 -- Air Vice-Marshal Noor Abbas, the chief executive officer of the Pakistan International Airlines, says the national flag carrier has overcome operational losses in the first quarter of 2019. He says the revenue slightly exceeded the operating costs during the quarter.
The air vice-marshal, who has headed the beleaguered airline since November 2018, says it earned between Rs 8 billion and Rs 8.5 billion a month during the quarter. This compares favourably with around Rs 7 billion a month it earned during the months in 2018.
Though it is still not posting profits, shedding the operational losses is something of an achievement given its record over the recent years. The management seems to have realised the importance of...