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Shaheen Air might shutdown

Talon

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The second national carrier of Pakistan might shut down within a year.

According to sources Shaheen Air has laid off 50% of its cabin crew this morning and also deffered salaries until september.Earlier on this month the entire Airbus A319 (6 in total) fleet left Pakistan and has been subleased to Royal Jordanian..

Shaheen has a liability of 4 billion bank loan as well and is not going to perform Hajj operations this year..

It will have to declare itself bankrupt and give a notice of 3 to 6 months before closing down.

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chalen aap amreeka me khush rahen phir
khosh vo jo apna watan ma... haam tu mehnat o mazdori kar ka kama ka Pakistan bhajna waloo ma sa haan... ap Pakistan ma maza kara raha haan ....
 
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Can someone fill me in on the details as to why it's shutting down all of a sudden?
 
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Can someone fill me in on the details as to why it's shutting down all of a sudden?
too much competition on international markey
late payments to fbr and caa collect billions And then unable to pay
increasing fuel prices
losing domestic market to new airlines
 
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Why armed forces alliwed to do bussines when the tax paters money is given not for bussines who will bear the loss now
 
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its always sad to see any business going bankrupt... many people will be out of job, most are only bread earners of their families....
 
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