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Five New Airlines, An Alarm of Strong Competition to Already Struggling PIA
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Pakistan international airline will have to bear the brunt of another scenario, and this time it will be competition. Five New Airlines will make their appearance in the airline industry of Pakistan and passengers will get some hands-on options against the traditional monopoly of PIA. The open sky policy has attracted these airlines and competitiveness will also reduce the fares. The New Airlines that will be operational in the span of one year are Askari Air, Air Siyal, Go Green, Liberty Air and Afeef Zara Airways.
According to the sources, numbers of airline passengers have soared to 20 million an increase of 40%. Data from international Air transport association has (IATA) has provided that, aviation industry of Pakistan will grow at the rate of 9% yearly and this is forecasted to grow up till 2020.
Muhammad Zafar Malik who was at forefronts of formulating national aviation policy of 2015 has shared his views regarding the entry of new airlines as ‘the open skies policy has been very productive for the industry as well as people’.
The New Airlines will probably start from low profit and distant destinations like Skardu, Chitral, Gilgit, Bannu, Parachinar, Gwadar, Turbat, Panjgur, Khuzdar, Dalbandin, Zhob, Rawalakot, and Muzaffarabad. Among the distant ones the northern destinations will prove to be very lucrative as it will facilitate tourism and also the substantial part of CPEC is enriching the adjoining areas with the huge flow of workforce and trade.
PIA had 45 aircrafts, but the fleet shrinks to 18 and now it is at 35.
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Save
Pakistan international airline will have to bear the brunt of another scenario, and this time it will be competition. Five New Airlines will make their appearance in the airline industry of Pakistan and passengers will get some hands-on options against the traditional monopoly of PIA. The open sky policy has attracted these airlines and competitiveness will also reduce the fares. The New Airlines that will be operational in the span of one year are Askari Air, Air Siyal, Go Green, Liberty Air and Afeef Zara Airways.
According to the sources, numbers of airline passengers have soared to 20 million an increase of 40%. Data from international Air transport association has (IATA) has provided that, aviation industry of Pakistan will grow at the rate of 9% yearly and this is forecasted to grow up till 2020.
Muhammad Zafar Malik who was at forefronts of formulating national aviation policy of 2015 has shared his views regarding the entry of new airlines as ‘the open skies policy has been very productive for the industry as well as people’.
The New Airlines will probably start from low profit and distant destinations like Skardu, Chitral, Gilgit, Bannu, Parachinar, Gwadar, Turbat, Panjgur, Khuzdar, Dalbandin, Zhob, Rawalakot, and Muzaffarabad. Among the distant ones the northern destinations will prove to be very lucrative as it will facilitate tourism and also the substantial part of CPEC is enriching the adjoining areas with the huge flow of workforce and trade.
PIA had 45 aircrafts, but the fleet shrinks to 18 and now it is at 35.
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