Pakistan International Airlines (PIA) announced its optimism about resuming flights to Europe following the European Union Aviation Safety Agency (EASA)'s decision to lift a ban that had been in place since June 2020. This development marks a significant milestone for PIA, as it hopes to reconnect with European destinations, aiming to start services to Paris within three to four weeks. EASA suspended PIA's authorization to operate in the EU due to safety concerns stemming from a fatal plane crash in Karachi and subsequent investigations revealing discrepancies in pilot licensing.
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However, after rigorous audits and compliance with international aviation standards, the regulator now trusts the oversight capabilities of Pakistan's Civil Aviation Authority (PCAA) once again. PIA's plans post-ban include approaching the UK's Department for Transport (DfT) for route resumption, as EASA clearance is a prerequisite for UK operations. The airline's spokesman, Abdullah Hafeez Khan, highlighted that London, Manchester, and Birmingham would be the most sought-after UK destinations upon receiving approval. This move is not only about re-establishing routes but also about regaining revenue streams lost during the ban, costing the airline around 40 billion rupees ($144 million) annually.
The airline, which holds a 23% stake in Pakistan's domestic aviation market, has been operating with a constrained 34-plane fleet, unable to compete effectively with Middle Eastern carriers that dominate the market share. The lifting of the ban is seen as a pivotal moment for PIA, especially as the government aims to privatize a 60% stake in the carrier. Khan expressed that with Europe now accessible, there's an anticipation of increased revenue potential, which could significantly enhance PIA's value during the privatization process.
Despite the positive outlook, PIA faces challenges in fleet expansion and operational recovery. The decision on leasing new aircraft is set to be made once the privatization discussions are finalized, reflecting a cautious approach to investments. This step towards resuming European flights is part of a broader strategy to revive PIA's fortunes, reaffirm its international connectivity, and position itself as a competitive player in the global aviation market.