PIA stopped from using new A320 aircraft for flight operation


The national flag carrier, Pakistan International Airlines (PIA) has been stopped from using recently acquired new plane for flight operation due to a tax dispute with the Federal Board of Revenue (FBR).

A dispute emerged between PIA and FBR over the payment of duty on recently acquired new planes. The tax dispute has been causing a massive financial loss worth millions of dollars to the national airline.

PIA had acquired four Airbus A-320 aircraft through tenders and the first plane landed in Islamabad on April 29.

The revenue institution imposed a sales tax worth Rs410 million on the national airline for acquiring the plane on lease.—INP


Previous articleWork on World Bank’s Burewala model city project starts
Next articleIntegrated policy framework needed for cheaper electricity