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Chinese firms ready to invest in PIA for improving its performance

salman77

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ISLAMABAD – A number of leading Chinese firms have shown their interest to invest in Pakistan International Airlines (PIA) and Civil Aviation Authority (CAA) to improve facilities for the passengers and increase the number of flights to connect Pakistan with all over the world.


Pakistan just need some improvement in its transportation facilities, reservation system, airport facilities and technical know-how to get more destinations and enhance number of passengers through PIA, said Chinese company Sibol China Limited Managing Director Qiao Song while talking to APP here on Wednesday.


He is in Pakistan to look into prospects of joint venture with the PIA by Chinese firms. He said that Pakistan was situated at a very important geographical area and the PIA could take full advantage from this geographical situation to link the world. Qiao Song said that the PIA could also linked to about ten cities of China and these flights could go further to other destinations taking the advantage of close and strong ties of Pakistan and China.


He said that presently there were only three destinations which were being connected between Pakistan and China while these flights can be extended to ten cities to cater more business for the PIA. He said ticketing and reservation system of the PIA need to be improved so that it can be accessed from anywhere in the world for booking and checking the status of their booking.


Regrading problem of Union in PIA, he said that the union was not a problem for improving the PIA facilities as workers' union always very important segment of the organisation and helpful in implementing the policies of the administration. Sibol China Limited Chairman Yang Shu while giving his opinion said there were many Chinese companies already working in Pakistan and due to strong bilateral relations, there are very bright chances that more Chinese firms could come here to invest in various sectors especially in airline industry.


He said that some Chinese companies have already doing business and interacting with leading airline manufacturing companies including Boeing Company therefore, they can use their experience for transfer of technology to the staff of the PIA. Yang Shu said that maintenance of the aircraft and addition of new aircraft are very important and many Chinese firms are ready to help, assist and provide financial assistance to Pakistan in this regard.


Global Industrial Solution Chairman Mian Zia who had been doing business in China for last 25 years very successfully and motivating the new Chinese companies to invest and do business in Pakistan, while talking to APP said that there were wide scope for joint venture with many Chinese companies in different areas. He said aviation industry of Pakistan need some assistance, technical help and modern training to improve its standard equal to the world and Chinese Company Sibol China Limited is ready to invest in this sector.


He said that joint training programme with the cooperation from international standard institutions, the present workers of the PIA would be made more productive and useful segments for the airline to make it more progressive, energetic and profit making institution. Mian Zia said a group of experienced aviation industrial experts from China backed by world leading financial institutions, original equipments manufactured with business focus on new merging economic regions are interested to invest in Pakistan.


He said that an international logistic hub can be build in Pakistan including an international airport, an international seaport, regional railway and domestic tracking, ground network to connect regional economic centers with Asia, Africa, Middle East, Europe and America. Zia said that the newly build international hub, preferably in Gwadar will be used as a strategic global logistic distribution center for Eastern and Southern Asian countries and Ocean countries to connect effectively with Middle Eastern countries with extended linkage to Europe, North and South American countries.

Chinese firms ready to invest in PIA for improving its performance
 
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Management should be given to Qatar. Qatar Airways > Air China

China can perhaps contribute investing in our fleet and building new airports. Would appreciate if they can get us more B-777s and A-320s and build new Lahore and Karachi terminals.
 
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Stop letting foreign businesses buying everything on the cheap.

In the end Chinese and Qatari will make all the profit whilst you pay extortionate prices to travel on shiny new planes.

Keep your industries intact and make them profitable yourselves. There's a way out of everything.
 
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Stop letting foreign businesses buying everything on the cheap.

In the end Chinese and Qatari will make all the profit whilst you pay extortionate prices to travel on shiny new planes.

Keep your industries intact and make them profitable yourselves. There's a way out of everything.

In the past Emirates purchased 40% stake of Sri Lankan Airlines. After success Sri Lanka reclaimed it.
 
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In the past Emirates purchased 40% stake of Sri Lankan Airlines. After success Sri Lanka reclaimed it.

Sri Lankan airlines is making a loss. Obviously they gave it back to them, its a dead duck.

Pakistan is different, there is a much larger market.

Chinese and Qataris are buying you out and will not give anything back whilst they make profit out of you.

Doing it yourself might take longer but its worth it, stop selling out.
 
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Sri Lankan airlines is making a loss. Obviously they gave it back to them, its a dead duck.

Pakistan is different, there is a much larger market.

Chinese and Qataris are buying you out and will not give anything back whilst they make profit out of you.

Doing it yourself might take longer but its worth it, stop selling out.

Well if we decide to keep everything to our self and make it profitable we still wouldn't be able to compete with the Gulf. Whatever decision is taken regarding the sale its only 26% shares we are talking about.
 
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we still wouldn't be able to compete with the Gulf.
please read the history of pia.
also please read on which airline was responsible for creation of emirates, gulf air.
 
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Sri Lankan airlines is making a loss. Obviously they gave it back to them, its a dead duck.

Pakistan is different, there is a much larger market.

Chinese and Qataris are buying you out and will not give anything back whilst they make profit out of you.

Doing it yourself might take longer but its worth it, stop selling out.

Khareednay dau 2 saal main nani yaad aa jaye gi choor ker bhag jayen gay.

Let them buy they gonna miss their grand ma in 2 years and will run away.
 
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please read the history of pia.
also please read on which airline was responsible for creation of emirates, gulf air.


That doesn't matter now. Times have changed. They have money, we don't. They buy most successful employees, we buy more political safarshees. They replace their fleet with new ones every 1-5 years, we change ours every 20-30 years. They invest billions on airports, hotels, and infrastructure, we spend peanuts. They are expanding their routes across the world, we are cutting down to domestic.
 
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PIA at least will stop losing $400-500 million every year which is good enough. This will also mean that if god forbid PPP win again, they will not ruin PIA like they did in 5 years. Privitize everything before its too late.
 
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Stop letting foreign businesses buying everything on the cheap.

In the end Chinese and Qatari will make all the profit whilst you pay extortionate prices to travel on shiny new planes.

Keep your industries intact and make them profitable yourselves. There's a way out of everything.

PIA cost billions/yr and it's a loss leader. We have two choices shut it down or privatize it. Investors buying will pay taxation on profits, fuel and landing fees. Days of keeping it crown corporation are long gone. It's not a strategic asset so letting it go in private hands is no big deal.
 
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Management should be given to Qatar. Qatar Airways > Air China

China can perhaps contribute investing in our fleet and building new airports. Would appreciate if they can get us more B-777s and A-320s and build new Lahore and Karachi terminals.
We will get their old A320 as they get NEO. Also we will get their A330s as they get new a350/787.

We need medium range craft, not more 777. It is more profitable to use A330 to serve routes like Jeddah and even London.

Maybe have 777LR for flights to sydney (because pakistanis/bangali take Emirates and then go back to their country, longer route and one airport can serve entire NZ and australia). And use the 5 777-300 for daily JFK/YYZ, make economy class more pleasent and the 4 777-200 for mid east routes and europe.

Problem is, PIA has to take risk and fly half empty until customer confidence grows. They can really make a dent in Canada because they don't have to compete with good timing of emirates, since emirates is limited to one flight a day in entire Canada. They can even do western canada (which is actually shorter route than pak-sydney), since no ME carrier servers there.
 
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