Pakistan, June 10 -- The Pakistan Economic Survey 2024-25, presented by Federal Finance Minister Senator Muhammad Aurangzeb on Monday, highlighted a significant financial turnaround for Pakistan International Airlines (PIA), the national flag carrier.
According to the survey, PIA recorded an operating profit of Rs 9.3 billion in 2024, more than double its Rs 3.9 billion profit in 2023. This marks the second consecutive year of operational profitability for the airline, reflecting continued progress under a strategic reform plan. PIA's improved financial performance comes despite a decline in several key operational indicators. The number of passengers carried fell to 3.9 million in 2024 from 4.5 million in 2023. Revenue hours flown dropped...