Minister for Railways and Aviation Khawaja Saad Rafique on Saturday announced a reduction in fares of Pakistan International Airlines and Pakistan Railways, following the recent cut in fuel prices.
In the wake of those cuts, Rafique said in a video message that PIA and PR had also decided to pass on the benefit of lower fuel prices to their customers.
“A 10 per cent reduction is being done in economy class fares of mail express trains and similarly, a relief of 10pc is being given for both classes of PIA’s domestic flights.” He said implementation would start from midnight tonight for the next 30 days (August 17).
The railways minister said the Civil Aviation Authority would also instruct private airlines to reduce their fares. “We believe that provincial governments will also take measures for fare reduction after contacting transporters,” he added.
A day ago, the federal cabinet directed the federal and provincial authorities concerned to ensure that the impact of the cut in petroleum prices immediately reached the people in the shape of reduced fares and transportation costs.
Rafique, in a video message, announced that the Ministry of Railways has decided to lower fares from 5% to 10% as a result of the recent drop in the cost of petroleum products.