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Saad Rafique says PIA revenue to grow to unprecedented Rs170 bn

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Saad Rafique

Saad Rafique says PIA revenue to grow to unprecedented Rs170 bn

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  • He said in the coming days, new Boeing 777 would be inducted in fleet
  • Saad Rafique, rejected rumors about sale of PIA-owned Roosevelt Hotel
  • He said the future of the hotel would be decided next year
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ISLAMABAD: Saad Rafique, Federal Minister for Aviation and Railways, has said despite the difficulties, Pakistan Railways will achieve the set target.

Addressing a press conference in Lahore on Saturday the Minister said, he requested Prime Minister Shehbaz Sharif to allocate financial grants to improve the railways.

Khawaja Saad Rafique said the Pakistan International Aviation (PIA) was expected to grow its revenue to 170 billion rupees this year, which so far was the highest one. He said in the coming days, new Boeing 777 would be inducted in the fleet of PIA.

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Khawaja Saad Rafique, categorically rejected the rumors about the sale of the PIA-owned Roosevelt Hotel in New York. He said the future of the hotel would be decided next year by the new government.

He said a financial adviser should be hired to explore all possibilities for joint ventures to develop the hotel as recommended by the previous government.

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On October 26, BOL News had reported that the Pakistan International Airlines (PIA) was unlikely to resume flights in Europe and the United Kingdom after failing to convince European officials.

A five-member delegation of the Pakistan Civil Aviation Authority (CAA) had met officials of the European Commission and European Aviation Safety Association (EASA) in Brussels. The European authorities had summoned the CAA to conduct a technical meeting.

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