General Economic Updates

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Editorial: The European Aviation Safety Agency has finally lifted the ban on flights of the national flag carrier to and from Europe after more than four years. Nevertheless, it will take months and potentially heavy investment in new planes before the airline can resume operations on lucrative European routes. The ban on PIA flights to the UK is yet to be revoked.

Read the full editorial here: https://www.dawn.com/news/1875877
 
Fatman17 said:
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Editorial: The European Aviation Safety Agency has finally lifted the ban on flights of the national flag carrier to and from Europe after more than four years. Nevertheless, it will take months and potentially heavy investment in new planes before the airline can resume operations on lucrative European routes. The ban on PIA flights to the UK is yet to be revoked.

Read the full editorial here: https://www.dawn.com/news/1875877
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After this news, the current ruling coalition is already discussing a sixth or seventh round of auctioning PIA, hoping it will have a better bid than the last time. Meanwhile, the other issues with the bid were ignored.

I honestly wished Pakistan had a national violin-playing band.
 
Fatman17 said:
Prices of essentials show no signs of ebbing https://tribune.com.pk/story/2508988/prices-of-essentials-show-no-signs-of-ebbing

All the news about inflation reduction are fake. Daronomics at work
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You might remember me saying I looked at the government's inflation report about two months ago. The data has been tinkered with considerably to give an upside-rosy picture.

After all, this is a government whose largest province showed a negative budget surplus and overnight went positive before the IMF meeting. :unsure:
 
@Fatman17

What do you think? Remember, per the bidding contract, the purchase must honor all the commitments before its acquisitions. This is the reason the last bid was so low after they ran the numbers.

propakistani.pk

Up for Sale PIA Considers Increasing Employees Salaries

Pakistan International Airlines (PIA) will deliberate on a salary increment for employees today (Friday) during an HR Committee meeting in Karachi. If
propakistani.pk propakistani.pk
 
PakFactor said:
@Fatman17

What do you think? Remember, per the bidding contract, the purchase must honor all the commitments before its acquisitions. This is the reason the last bid was so low after they ran the numbers.

propakistani.pk

Up for Sale PIA Considers Increasing Employees Salaries

Pakistan International Airlines (PIA) will deliberate on a salary increment for employees today (Friday) during an HR Committee meeting in Karachi. If
propakistani.pk propakistani.pk
Click to expand...
They have no idea what to do. Government is under pressure from the PIA employees (mostly filled with jiyalas of PPP). it's a nonstarter as PIA will crumble under it's own weight.
 
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