Web Desk (LTN NEWS): The national carrier Pakistan International Airlines (PIA) has suffered a loss of 67 billion rupees during the 9 months this year.
PIA, which once became the identity of Pakistan around the world, has been a burden on the national exchequer for the past several years.
Despite the government’s efforts and the institution’s management, it could not get out of the deficit.
During the first 9 months of this year, PIA suffered a loss of 67 billion rupees. Last year, PIA faced a loss of Rs42 billion in the same period. Thus, compared to last year, PIA’s loss has increased by 57%.
Experts say that if the situation remains the same, PIA’s loss may reach 90 billion this year.
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