Four foreign airlines refuse to give aircraft to PIA on wet lease

PakistanFour foreign airlines refuse to give aircraft to PIA on wet lease

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ISLAMABAD: The Pakistan International Airlines (PIA) continues to face problems as four foreign airlines have refused to give aircraft to the national flag-carrier on wet lease following the attack on a flight in Peshawar, media reported on Thursday.

The reports said that the airlines of Eastern Europe and Central Asia had shown interest in providing four aircraft including A320 aircraft with 180 seat capacity and 737 aircraft to the PIA when it floated a tender in early June.

But they have withdrawn the offer after the attack on Karachi airport and firing at a PIA plane in Peshawar.

The PIA was also reportedly facing problems in acquiring planes on dry lease.

Under the wet lease agreement, an airline provides aircraft, pilots and cabin crew and maintenance and insurance, while under the dry lease the airline provides only aircraft.

Asad Haroon
Asad Haroon
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