PIA suffers Rs33 billion losses in three months
The coronavirus outbreak has put the Pakistan International Airlines (PIA) into financial trouble, causing the national flag carrier a Rs11 billion loss every month from April to June this year.
According to the official documents, the national airline suffered a revenue loss of Rs33 billion from April to June. These losses can be attributed to the lack of Hajj and Umrah operations and the recent PIA plane crash in Karachi.
The management said that the national carrier was improving before the coronavirus.