Audit Flags Rs9.4bn Loss from PIA Concessions

    By Salman Khan | September 22, 2025

    An audit report has revealed that Pakistan International Airlines (PIA) caused a financial loss of Rs 9.43 billion by distributing free and heavily discounted tickets between 2011 and 2016. According to the findings, more than 258,000 tickets were issued free of charge, while another 116,000 were sold at a discount of up to 95 percent….

    PIA to generate $30m for Roosevelt Hotel New York

    By NewzTodays Editorial Team | September 22, 2021

    Aftab Ahmed Islamabad: The PTI government has approved immediate cash support of US$30 million for Roosevelt Hotel New York through market financing with the government of Pakistan guarantee. Sources told Newztodays.com that Aviation Division had tabled a summary before the economic coordination committee to approve immediate cash support of US$130.3 million. This amount also included…

    Tabba removed from PIA board

    By NewzTodays Editorial Team | February 29, 2020

    Atif Abbas The PTI government has removed Muhammad Ali Tabba is the Chief Executive of Lucky Cement Limited from the board of directors of Pakistan International Airlines (PIA) for his non-serious and irresponsible behavior. Tabba has been on the board of directors of PIACL. However, he has been often absent from the board’s meetings and…