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Plan Afoot to Buy 40 Aircrafts for PIA: Defence Minister

Well ... yes how to make it profitable

Well you can solve the problem by looking at the Report

REFERENCE: http://www.piac.com.pk/PIA_About/profiles/2010/ThirdQuarter-2010_01112010.pdf

This is from page Page 10 of 49 PIA report, OFFICIAL STATEMENT ON THEIR REPORT and with gov of Pakistan for all Tax purpose !!!

From their Main website - too download it before they delete it


Revenue PIA = 863,000 USD only not even Million Dollars


Expenses on Fuel : 365,038 (Depends on Market fuel cost)
Expenses on Other : 416,985 (almost half a million for expenses)

So profit shown was a mere
90,624 (What 1 guy makes in USA) So this is our crown jewl corporation Pride of our country it functions for 1 year (9 months in this reports ) and makes just 90,000 dollars

Then all other expenses and costs like money exchange etc is
130,000 USD (About less then cost of Ferrari car)


So here is the situation , the company is making about 90,000 dollars but it wants the gov to invest 10 billion dollars to save it ?

My question is

a) Less then 1 Million dollar in revenue? WTF ? Thats it ???

b) Also when you are making such less what are these other expenses
that take up 60% of your profit ?


The problem is the numbers don't add up
The reports says the company made revenue of 800,000? Right

How much it costs to fly UK to Pakistan ? 1500 usd / person
so that means 533 passengers ALL OVER WORLD TO GIVE IT REVENUE OF 800,000 ONLY

How much ppl fly in 1 PIA flight ?? well 200 passengers? So do you guys see the problem ??

The reports says it made Revenue of 800,000 USD , and that means 533 ppl flew on the planes @ 1500 USD / Person

So this report is FALSE !!!

There are 52 weeks in Year , PIA flyes weekly from UK to Pakistan weekly

150 passengers x 1500 USD X 52 = 11 Million Dollars from UK flights
7,800 passengers at least in year

There are 52 weeks in year , PIA flies weekly from USA to Pakistan

150 passengers x 1800 USD X 52 = 14 Million Dollars from USA 7,800 passengers at least in yearThere are 52 weeks in year , PIA flies weekly from Canada to Pakistan

150 passengers x 1800 USD X 52 = 14 Million Dollars from Canada7,800 passengers at least in year

So almost 23,000 passengers fly between 3 routs - while PIA claims only 533 passengers use its services in whole year so they make mere 800,000 revenue net

So by My calculations

PIA should be making 39,000,000 Million United States Dollars from
just 3 routes (New York - Karachi), (Toronto , Islamabad) , (London, Karachi)

So why is their report stating they made profit of only 90,000 dollars?
What bullshiaaaaaat????

Even if cost of catering and food is 400,000 USD but they made 40 million dollars from 3 international flights ....which always run FULL


Now I did not even add the flights from Pakistan - Middle east
I did not even add flights from Pakistan to Europe
I did not even add flights from Pakistan to Asia

So the problem is PIA has to be Audited on # of Tickets being sold vs what is being reported on books and has to be brought to court

The claim they only flew 500-600 passengers in year making profits 800,000 usd
while we all know 22,000 passengers fly between just 3 routes yearly

They really need to be brought to court I mean god , hiding profits of 40+ Million / year
and reporting only a profit of 90,000 dollar and that is also a lost due to gov tax ...

THEIVES !!! I say send this post to Cheif Justice and get them Checked




Problem's solution is simple

If I believed their lies , then we can still make profits
Based on above data any sensible person can see - what kind of bull **** their corporate report states 90,000 dollars profit ? After 9 months ? What are they doing running empty planes or flying ppl for free


But below meassures are not needed ... that was if no one was flying on PIA but I know PIA flights run full all the time

A) Ticket Prices have to go up by 10%

b) Food and other expenses have to be cut down
Food has to be made optional - You purchase
Mean on Airplane (30$ per passenger)

c) Extra money for extra bag (Only 2 bags allowed)


What needs to be done is Supreme court of Pakistan need to get a comitee that will ask all the tickets issued in year 2010 , and get verification of people who travelled in 2009-2010
and get rounded values of passengers that flew using PIA in international routes frist , and then also audit the local routs

PIA is hiding some serious TAX money from Government of Pakistan -
They must be hiding at least 70 million dollars US DOLLARS

And for past 10 years , 70 million x 10 = 700 million dollars in un declared taxes on this amount

I mean come on a biryani shop makes profit of 90,000 usd / year or 1 guy works full time in high post makes that much ... 1 person we are talking about a CORPORATION WITH 42 planes world wide service saying it makes just 90,000 usd ?? what ??? in the god's name where is the MONEY GOING ?? BLACK MARKET ? ?? SWISS BANK ACCOUNTS ??? POLITICAL AMBITIONS



Its common sense , all the international flights are booked and full thru out the year always 100% booked and sometimes you also need to book in advance so for anyone to say that

they made revenue of just 800,000 only is bull crap , that means only 533 passengers flew and me and you all know how many ppl fly each year on PIA

They are reporting it as Loss so they don't have to pay gov TAX and that is tax evasion and theft -....


CHEIF JUSTICE TIME

I bothered to read it and luckily there had calculations done in USD amount in page 10 on column and I was astonished at the level of curruption !!!

To claim only 533 ppl used PIA so they made just 800,000 USD in 9 months

While we all know just 3 routs make them 23,000 passengers = 49 million united states dollars and not less then million dollar as they claim choor- Big choori


or the plan is to sell this Entity too to some one for 100 million dollars ? or 50 million dollars ? hain ? This is such a clear choori bazi .... its just insane
 
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yes but he did not mention PIA will go for latest or 1980z Airbus LOL
 
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azad, my uncle works in PIA says, the company is very profitable but its the loop holes that waste the money...
 
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azad, my uncle works in PIA says, the company is very profitable but its the loop holes that waste the money...

U571 I am talking simple math , if I see with my eyes ,
Each week 150-160 passengers fly daily between Western destinations and Pakistan , that is like 21,000 passengers for just 3 routs

And based on PIA financial statement - they claim only 500 passengers bought tickets for 9 month ... so they made only 800,000 USD ?

There is a big difference , 49,000,000 Million USD and 800,000 USD

And on top of this they claim - ok because of gov tax PIA went in -ve balance , first choori and then blame the gov too.

Either - the tickets are being sold black market channel
Or the funds are being redirected to Swiss accounts for political party's usage etc

Likely .. the culprits are high members in PIA and they have authority to issue tickets to their own vendors internationally , they don't declare these tickets in financial statement calculations so any profits are made over seas and put in forigne bank account directly with out that cash every entering pakistan

A company which flies 21,000 passengers annually (365 days) a year makes 49,000,000 million dollars USD - and not 800,000 USD

Also they are not only stealing from Pakistan Tax collection authorities they are also telling the investors , we will not pay you dividends on your shares for PIA !!!

Its really currupt and plain simple words theft ...

I mean to claim a big corporation like that made 90,000 USD only its biggest joke on planet ... a small biryani shop probbly makes 40,000 usd if its doing decent business or more 4 ppl biryani shop

Where did the 49,000,000 Million dollars went ??

Now if PIA can come and post and say look all our flights are running EMPTY !!! 95% EMPTY from canada to Pakistan , from UK to pakistan from Newyork to Pakistan empty 95% empty then ok I would understand ...

But like if you have full planes or 99% full planes then your income for your company is 49,000,000 Million dollars

For 10 last years PIA is saying they are losing cash ?? How ?? IMPOSSIBLE ...

If planes are running FULL CAPACITY you need to prebook by 1-2 months time .... NO PIA is making money they are just not declaring that MONEY !!!

TAX EVASION

What I expected to see was ...ok we made 49,000,000 USD as profits , and then we had expenses due to plane lease or fuel or expenses

But fuel cost was only 200,000 usd ...


This is how their financial statement should have looked like
Profits +49,000,000 USD

Expenses -340,000 USD (Fuel)
Expenses -360,000 USD (Wages)
----------------------------------------
Profits 48 million something ...

profits 2009 40 million
profits 2008 40 million
profits 2008 40 million
profits 2007 40 million
profits 2006 40 million
profits 2005 40 million
profits 2004 40 million
profits 2003 40 million
Profits 2002 40 million
Profits 2001 40 million
Profits 2000 40 million
-----------------------------------------------------------------------------------------
Plus the Haj income is extra ... Millions and Millions from Haj income On Top !!!
The 49 million estimate is just for 3 flying route which are always busy


The biggest lie is that , we only made 800,000 USD profit ? like how ... every ticket you sell is like 1500 USD at least the ones from North America to Pakistan and England to Pakistan al expensie tickets ....


If cost of PIA ticket is 30$ / flight then ok I would understand .. they made $800,000 so we know its not true ....

And there is no dount in my mind someone is stealing money from GOV .... in PIA and they should really investigate or shut this company down

They declared that wages , and all operational cost is
360,000 USD annually

They claimed 340,000 USD on fuel but they are lieing on the profits from ticket sales -
they are selling 24,000 - 40,000 tickets globally and yet only declaring
that they sold about 500 tickets ...

There is no loop hole that is just plain theft

My personal opinion is that some choors are planning a take over of PIA and they want to give an image of PIA as a non profit company untill gov sells it cheap for 100 million ....

While in reality it is making 40-50 million dollars yearly but these income is not being declared and is being channeled out to political parties or someone
 
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Timeline: Emirates Airlines' incredible journey

The story of Emirates whose success is intertwined with the rapid development of Dubai could be nothing but fascinating. Against a backdrop of regional unrest and volatile global economies, progress has been maintained at a rapid pace in every year of Emirates’ and Dnata’s existence. The following is a timeline of the airline’s history.

* Published: 00:00 October 25, 2010

Airport attraction

* Emirates' expanding A380 fleet is generating interest from airports across the world. A further order for 32 A380s, announced during the Berlin Air Show, has prompted a flurry of enquiries.


2010

* Emirates tops up A380 orderbook of 58 by placing 32 more to 90.

* Emirates announces 247 per cent jump in net profits to Dh4.2 billion for 1009-2010 financial year

* The airline places order for 30 Boeing 777s, worth $9.1 billion at the Farnborough Airshow in July.

2009

* Emirates begins flying the Airbus A380 on the Sydney, Auckland, Bangkok, Toronto and Seoul routes.

* Emirates becomes the world’s largest operator of the Boeing 777 with the delivery of the 78th plane.

2008

* The company moves into the new multimillion dollar Emirates Group headquarters.

* Emirates’ dedicated Terminal 3 opens in October and within a month 500,000 passengers pass through it.

2007

* Emirates signs contracts for 120 Airbus A350s, 11 A380s and 12 Boeing 777-330ERs, worth an estimated $34.9 billion (Dh128.16 billion), at the Dubai Air Show.

* The addition of Sao Paulo to the network represents the first non-stop flight between the Middle East and South America.

2006

* Emirates signs an agreement for 10 Boeing 747-8F freighters in a deal worth $3.3 billion.

2005

* Emirates Group workforce totals 25,000 people from 124 countries, making it Dubai’s biggest employer.

* Emirates orders 42 Boeing 777s in a deal worth $9.7 billion, the largest Boeing 777 order in history.

2004

* Emirates orders four Boeing 777-300ERs, with nine options, in a $2.96 billion deal.

* Emirates makes its first flight to North America – a non-stop 14-hour flight to New York’s JFK Airport. This marked the first non-stop passenger service from the Middle East to North America.

2003

* CAE and Emirates join forces to open the $100 million Emirates-CAE flight simulator.

* Emirates places $19.1 billion worth of orders for 71 aircraft.

* Emirates expands service on Dubai-Sydney route with the first A340-500 joining the fleet.

2002

* Four million passengers vote in the Skytrax internet poll and Emirates is again named Airline of the Year.

* Global passenger levels drop by four per cent but Emirates figures rise 18.3 per cent to 6.8 million.

2001

* Emirates signs £24 million deal to sponsor English Premiership football club Chelsea for four years.

* In a survey of 2.7 million airline passengers by Skytrax Research, Emirates is voted Airline of the Year.

2000

* The Shaikh Rashid Terminal opens, increasing the capacity at Dubai International Airport to 22 million passengers a year.

* Frequent flyer loyalty programme Emirates Skywards is launched.

* Dubai Government announces an investment of $500 to $600 million

* in the new Terminal 3 with a capacity of 20 million passengers a year.

1999

* The first of 17 new-generation Airbus A330-200s arrive in Dubai.

* Emirates Group’s workforce totals 11,000.

* Passenger traffic through Dubai International Airport hits 11 million.

1998

* Emirates is voted Best Airline in the World at the prestigious OAG Awards.

* The $540 million Terminal 2 is opened at Dubai International.

1997

* Emirates makes a $2 billion order for 16 Airbus A330-200s.

* Airline defies high fuel prices to again post record profits as passenger figures top three million and cargo hits 150,000 tonnes.

1996

* Airline takes delivery of its first Boeing 777-200 and becomes the first airline to show take-offs and landings live. Its maiden flight to London is followed by Emirates’ inaugural flight to Melbourne.

1995

* As the airline celebrates its tenth birthday, it has a fleet flying to 34 locations in the Middle East, Far East and Europe.

1994

* Emirates is the first airline to equip an Airbus fleet with an inflight fax facility.

1993

* Emirates becomes the first airline to introduce telecommunications on an Airbus in all three classes.

1992

* Emirates becomes the first airline to install video systems in all seats in all classes throughout its fleet.

* A $2 million terminal exclusive to Emirates is opened at Dubai International.

* Emirates becomes first airline to order a $20 million Airbus full-flight simulator.


1991

* On January 17, Emirates grounds its fleet for several hours as the battle to liberate Kuwait begins. Operations resume and Emirates maintains 90 per cent of its normal services during the first month of the conflict.

1990

* Emirates bucks the industry trend and continues to expand despite the Iraqi invasion of Kuwait and adds Manchester to its schedule.

1989

* Flights are added to Singapore, Manila and Bangkok.

1988

* Damascus is added to the Emirates route network, giving it 12 destinations in just 38 months of business.

1987

* Deals are struck to fly to London’s Gatwick Airport as well as Istanbul, Frankfurt and Male, the capital of the Maldives.

* On July 3, A6-EKA flies from Toulouse to Dubai as Emirates takes delivery of its first bought aircraft.

* The Airbus A310-304 is designed to Emirates specifications, giving the airline the opportunity to fully implement its commitment to offering a superior flying experience than its rivals.

1986

* The network grows with traffic rights acquired into Amman, Colombo, Cairo and Dhaka.

* Investment in infrastructure and expansion costs see Emirates posting losses for what would be the only time in its history.

1985

* Maurice Flanagan embarks on ambitious mission to launch an airline with $10 million in five months.

* Shaikh Ahmad and future president Tim Clark join Flanagan’s team.

* Pakistan International Airlines agrees to wet-lease Emirates two aircraft.

* Deals are struck to fly to Karachi, New Delhi and Mumbai.

* A PR disaster is thwarted by recruiting 80 Emirates staff to travel incognito to disguise the dismal sales of tickets on the maiden flight.

* On October 25 flight EK600 departs Dubai International for Karachi.


1984

* His Highness Shaikh Mohammad Bin Rashid Al Maktoum and Flanagan discuss launching an airline in Dubai.

* Maurice Flanagan is among a 10-man team that produces a business plan for the new airline – to be named either Dubai Airlines or Emirates airline.

1978

* Maurice Flanagan moves to Dubai to become director and general manager of Dnata.

1960

* Shaikh Rashid Bin Saeed Al Maktoum opens the airport and implements innovative open-skies policy.

1959

* Dnata is established by the Dubai Government with just five staff to provide ground handling services at the new Dubai International Airport.

The first Emirates flight to Karachi prepares to leave Dubai

ThefirstEmiratesflighttoKarachipreparestoleaveDubai.jpg


----



All this stared with just USD 10 million and and two aircrafts acquired on wet lease basis from PIA.

Just compare the two airlines now :frown:
 
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Is the tax payer buying these planes that only the wealthy can afford to fly on or is PIA a private company.
 
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Freaking gov entity ... currupt officers selling tickets on blackmarket and claiming no one is flying in PIA all the freaking flights are books out for months --- all the time ... and yet they claim revenues of just 90,000 usd ? what a joke ...

When PIA sells 500 tickets they make 800,000 USD ...

In reality the Newyork/toronto/london to Paksitan routes sell over 24,000 tickets it should be 49,000,000 million USD .. profits for gov
 
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PIA really needs to replace Boeing 737's and Boeing 747.
My suggestion will be to buy new Boeing 737 around 6-7 and lease around 5 relatively new Boeing 747's.Remaining fleet is in good condition.9 Boeing 777 as well as 7 ATR's are new. It is important to replace B747 B737.B747 is crucial for providing high capacity whenever required.Like after Iceland volcanic eruption PIA used B747 on European routes to clear back log.B747 also come in handy during hajj operations.B737 are crucial for domestic routes and need to be replaced quickly.

Last but most important for once run PIA as a business and not as dumping place for PPP jiyala's

ahan dont forget tha a310s they are in pretty bad conditions to
 
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It would be quite Profitable for PIA to fly from Australia to Pakistan and let Qantas fly from Pakistan too.

i dont think that airline like Qantas will ever operate to pakistan again and i have same feelings for BA virgin atlantic and any other american airline. In past few years many of airlines cutted back from pakistan like BA Lfthansa and Singapore airlines. i have a feeling that Cathay to will leave pakistan soon:cry::cry::cry:
 
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does anyone knows which planes are the going to order all i heard was they are in need of freighters, 737-800 or a320/a321 and 747-8i
 
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The 310's have been recently refurbished..and will soldier on for another 5 years or so.
Its the 737's that need replacement.. and if they had the money.. or they might use the usual lend lease system..the best option is to buy more 737's.. the -700..
So that crew training expenditure is kept to a minimum.
 
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Timeline: Emirates Airlines' incredible journey

The story of Emirates whose success is intertwined with the rapid development of Dubai could be nothing but fascinating. Against a backdrop of regional unrest and volatile global economies, progress has been maintained at a rapid pace in every year of Emirates’ and Dnata’s existence. The following is a timeline of the airline’s history.

* Published: 00:00 October 25, 2010

Airport attraction

* Emirates' expanding A380 fleet is generating interest from airports across the world. A further order for 32 A380s, announced during the Berlin Air Show, has prompted a flurry of enquiries.


2010

* Emirates tops up A380 orderbook of 58 by placing 32 more to 90.

* Emirates announces 247 per cent jump in net profits to Dh4.2 billion for 1009-2010 financial year

* The airline places order for 30 Boeing 777s, worth $9.1 billion at the Farnborough Airshow in July.

2009

* Emirates begins flying the Airbus A380 on the Sydney, Auckland, Bangkok, Toronto and Seoul routes.

* Emirates becomes the world’s largest operator of the Boeing 777 with the delivery of the 78th plane.

2008

* The company moves into the new multimillion dollar Emirates Group headquarters.

* Emirates’ dedicated Terminal 3 opens in October and within a month 500,000 passengers pass through it.

2007

* Emirates signs contracts for 120 Airbus A350s, 11 A380s and 12 Boeing 777-330ERs, worth an estimated $34.9 billion (Dh128.16 billion), at the Dubai Air Show.

* The addition of Sao Paulo to the network represents the first non-stop flight between the Middle East and South America.

2006

* Emirates signs an agreement for 10 Boeing 747-8F freighters in a deal worth $3.3 billion.

2005

* Emirates Group workforce totals 25,000 people from 124 countries, making it Dubai’s biggest employer.

* Emirates orders 42 Boeing 777s in a deal worth $9.7 billion, the largest Boeing 777 order in history.

2004

* Emirates orders four Boeing 777-300ERs, with nine options, in a $2.96 billion deal.

* Emirates makes its first flight to North America – a non-stop 14-hour flight to New York’s JFK Airport. This marked the first non-stop passenger service from the Middle East to North America.

2003

* CAE and Emirates join forces to open the $100 million Emirates-CAE flight simulator.

* Emirates places $19.1 billion worth of orders for 71 aircraft.

* Emirates expands service on Dubai-Sydney route with the first A340-500 joining the fleet.

2002

* Four million passengers vote in the Skytrax internet poll and Emirates is again named Airline of the Year.

* Global passenger levels drop by four per cent but Emirates figures rise 18.3 per cent to 6.8 million.

2001

* Emirates signs £24 million deal to sponsor English Premiership football club Chelsea for four years.

* In a survey of 2.7 million airline passengers by Skytrax Research, Emirates is voted Airline of the Year.

2000

* The Shaikh Rashid Terminal opens, increasing the capacity at Dubai International Airport to 22 million passengers a year.

* Frequent flyer loyalty programme Emirates Skywards is launched.

* Dubai Government announces an investment of $500 to $600 million

* in the new Terminal 3 with a capacity of 20 million passengers a year.

1999

* The first of 17 new-generation Airbus A330-200s arrive in Dubai.

* Emirates Group’s workforce totals 11,000.

* Passenger traffic through Dubai International Airport hits 11 million.

1998

* Emirates is voted Best Airline in the World at the prestigious OAG Awards.

* The $540 million Terminal 2 is opened at Dubai International.

1997

* Emirates makes a $2 billion order for 16 Airbus A330-200s.

* Airline defies high fuel prices to again post record profits as passenger figures top three million and cargo hits 150,000 tonnes.

1996

* Airline takes delivery of its first Boeing 777-200 and becomes the first airline to show take-offs and landings live. Its maiden flight to London is followed by Emirates’ inaugural flight to Melbourne.

1995

* As the airline celebrates its tenth birthday, it has a fleet flying to 34 locations in the Middle East, Far East and Europe.

1994

* Emirates is the first airline to equip an Airbus fleet with an inflight fax facility.

1993

* Emirates becomes the first airline to introduce telecommunications on an Airbus in all three classes.

1992

* Emirates becomes the first airline to install video systems in all seats in all classes throughout its fleet.

* A $2 million terminal exclusive to Emirates is opened at Dubai International.

* Emirates becomes first airline to order a $20 million Airbus full-flight simulator.


1991

* On January 17, Emirates grounds its fleet for several hours as the battle to liberate Kuwait begins. Operations resume and Emirates maintains 90 per cent of its normal services during the first month of the conflict.

1990

* Emirates bucks the industry trend and continues to expand despite the Iraqi invasion of Kuwait and adds Manchester to its schedule.

1989

* Flights are added to Singapore, Manila and Bangkok.

1988

* Damascus is added to the Emirates route network, giving it 12 destinations in just 38 months of business.

1987

* Deals are struck to fly to London’s Gatwick Airport as well as Istanbul, Frankfurt and Male, the capital of the Maldives.

* On July 3, A6-EKA flies from Toulouse to Dubai as Emirates takes delivery of its first bought aircraft.

* The Airbus A310-304 is designed to Emirates specifications, giving the airline the opportunity to fully implement its commitment to offering a superior flying experience than its rivals.

1986

* The network grows with traffic rights acquired into Amman, Colombo, Cairo and Dhaka.

* Investment in infrastructure and expansion costs see Emirates posting losses for what would be the only time in its history.

1985

* Maurice Flanagan embarks on ambitious mission to launch an airline with $10 million in five months.

* Shaikh Ahmad and future president Tim Clark join Flanagan’s team.

* Pakistan International Airlines agrees to wet-lease Emirates two aircraft.

* Deals are struck to fly to Karachi, New Delhi and Mumbai.

* A PR disaster is thwarted by recruiting 80 Emirates staff to travel incognito to disguise the dismal sales of tickets on the maiden flight.

* On October 25 flight EK600 departs Dubai International for Karachi.

1984

* His Highness Shaikh Mohammad Bin Rashid Al Maktoum and Flanagan discuss launching an airline in Dubai.

* Maurice Flanagan is among a 10-man team that produces a business plan for the new airline – to be named either Dubai Airlines or Emirates airline.

1978

* Maurice Flanagan moves to Dubai to become director and general manager of Dnata.

1960

* Shaikh Rashid Bin Saeed Al Maktoum opens the airport and implements innovative open-skies policy.

1959

* Dnata is established by the Dubai Government with just five staff to provide ground handling services at the new Dubai International Airport.

The first Emirates flight to Karachi prepares to leave Dubai



----



All this stared with just USD 10 million and and two aircrafts acquired on wet lease basis from PIA.

Just compare the two airlines now


Excellent post - Even Gulf and Malaysian were begun with PIA talent -- the problem is not the Talent but that PIA is a GOVT entity, it is not run as if it was a business, where as Emirates, Gulf and Malaysian, are run like businesses -- that's why I am a strong proponent of letting private sector do what it does best, govt does not need to be in business, it can regulate it certainly but not run it.

Like other govt run entities in Pakistan, PIA produces only losses, it's time we came out of this socialist mind set and the "Awaam this and Awaam that BS. We should be running PIA asa business and not as a tool of politicians.
 
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What do you mean - its a GOV entity liable in court for if they don't pay taxes !!!!
Its board of directors and every one can be sued in courts if they don't pay gov taxes and they don't report their ticket sales correctly which they are NOT !!! doing


What should this enity be given to some business man ??

Its making 52 million dollar plus per year profits why should it be sold its lieing to ppl about proifts and business it doing it has to be uncovered

May be this should be linked to PIA curruption page

The haji thread states from multan alont 4700 passengers will go do hajj

here it states 450 passngers going o Hajj can you do the math ??

Each one is paying $500 at least for ticket

Actual flight cost
4700 passengers x $627.566 USD = 2 , 937, 500
Almost 3 million dollar income


Plus as we know 49 Million dollars calculated from three routs Newyork,Toronto , London See the economy section and the PIA asking for more planes thread where their lies are exposed
So its 49 Million dollar stolen from Pakistan Tax Ravenue on Three routes , Toronto- Karachi , London - Karachi , New York - Karachi

And 3 million dollars stoen from Pakistan Tax Revenue on Haji tickets sales


Can you see the problem ??? They claim on tax filing that they only made Net Profit of 800,000 USD only

And after fuel cost it was only 90,000 USD only ..???

Where is the other 52,000,000 Million United States dollars ?? Going ??

PIA you need to pay taxes !!!!

Here we have this ORGANIZATIOn stealing almost 49,000,000 Million dollars !!! Not rupees dollars , and then its claiming it only makes profit of mere 90,000 USD ?

We need to write up to supreme court and inform them to please investigate PIA curruption
 
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Breath Azad.. breath.. calm down bonito.
check the other thread out about the Multan Hajj flights.. you will find your answer.

And muse.. there have been many attempts at privatizing PIA.. but there are powerful unions in PIA that prevent it.. and most of them have support from the current government.
 
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Well I passed on the information to a lawyer/judge operates a law firm locally and asked him if he can pass the information to Superme court judges for review -

There see its not hard to fight curruption you just report it when you can simple !!! and painless I hope we recover the lost 53 million USD and also account for lost money for last 10 years from PIA choors


Zaberdust drama bazi ... flying so many passengers and claiming they only fly 500-600 passengers in year based on their revenue reported they should be properly investigated -

They probbly did not report 600 million dollars in last 8 years

600 Million recovred will help us get few squadrons of JF17 thudners or J10B

As fro the new planes for PIA they should open their swiss banks and check if they can afford to pay lease for 10 planes and stop pestering gov of Pakistan

Aid money is for Dams in country PIA has enough cash its not a biryani house that makes 80,000 USD / year
 
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