PIA earned Rs 100 billion in last year - Watch report

[Shahzaz ud din]

PIA earned Rs 100 billion in last year - Watch report

https://twitter.com/x/status/1084349445280534528

 

[AZADPAKISTAN2009]

What a difference it makes once the offshore company money transfer is halted , hey look PIA is making money again

Those banks accounts (fake once) now being tracked ...no way to move the funds out


Free tickets for politicians stopped
Free First class upgrade stopped for politicians
Free tickets for mamoo , chacha , bhateeja in PIA stopped
Free tickets for models and singers from Politicians , stopped
Funds being illegally moved out by corrupt officials with political help stopped

In mere 5 Months ...........PTI Government lead a record profit in PIA 100 Billion Rupee collection

• $800,000,000 (800 Million Dollars) in 5 month wow is that for real this is the same airline which 7 months ago could not earn 1 rupee profit

Nawaz sharif and Khakan abassi (owner of private airline) were so eager to privatize it, their group of friends would have bought this airlines just to do us a favor



Once Military / Government will tackle the Tanker Mafia in Karachi ....and their illegal money operation we will also recover 800-900 million dollar enough money to build any damn in 5 years

 

[Talwar e Pakistan]

Is that profit or revenue? because there is significant difference between the two.

 

[Shahzaz ud din]

Is that profit or revenue? because there is significant difference between the two.

REVENUE.

 

[AZADPAKISTAN2009]

When a plane files , the cost of fuel is recovered from sale of just 5-10 airplane seats
So every flight makes a Profit which flies from airport


Typical Airplane Pakistan has there are 100-150 seats or more

If you have sold out 174 seat plane , and 10 seats recover fuel cost ...that means you made pure profit on 160 seats , plus you made extra money on baggage fees

 

[Syed1.]

When a plane files , the cost of fuel is recovered from sale of just 5-10 airplane seats
So every flight makes a Profit which flies from airport


Typical Airplane Pakistan has there are 100-150 seats or more

Where did you come up with that 5-10 seat number?

 

[AZADPAKISTAN2009]

Jet fuel is not that expensive

Estimates for 5 hour flight

A Boeing 767 burns about 9,000 gallons of jet fuel on a cross-country flight. That means American Airlines pays about $34,000 in fuel costs alone for that flight, The airline takes in about $54,000 in total revenue for the average flight from JFK to LAX


$20,000 Dollar profit from full plane size 180 seats




Another estimate (1 to 1.5 hour flights)

According to the calculations, each passenger on board an Airbus A320, which has a capacity of 154, costs the airline $68.50 (£47.06) for the 260-mile journey. The one-hour flight costs the airline an estimated $2.50 per passenger [for fuel].



$2.50 dollar per passenger !!!!
When Airline charges $400-500 for ticket or more

 

[xyxmt]

What a difference it makes once the offshore company money transfer is halted , hey look PIA is making money again

Those banks accounts (fake once) now being tracked ...no way to move the funds out


Free tickets for politicians stopped
Free First class upgrade stopped for politicians
Free tickets for mamoo , chacha , bhateeja in PIA stopped
Free tickets for models and singers from Politicians , stopped
Funds being illegally moved out by corrupt officials with political help stopped

In mere 5 Months ...........PTI Government lead a record profit in PIA 100 Billion Rupee collection

• $800,000,000 (800 Million Dollars) in 5 month wow is that for real this is the same airline which 7 months ago could not earn 1 rupee profit

Nawaz sharif and Khakan abassi (owner of private airline) were so eager to privatize it, their group of friends would have bought this airlines just to do us a favor



Once Military / Government will tackle the Tanker Mafia in Karachi ....and their illegal money operation we will also recover 800-900 million dollar enough money to build any damn in 5 years

Its not the profit genius it is gross income, we will talk about net income at the year end

 

[AZADPAKISTAN2009]

People who have been telling Pakistani Nation stories all the money goes into fuel are just lying


Boeing states that under regular conditions, the 777-200LR should cost around $9,750.00/hour to operate, with the 777-300ER at a cost of $10,250.00/hour to operate. In a two class configuration this is around $32.39/hour per seat for the -200LR and $27.12/hour per seat for the -300ER.

How much PIA charges for Flights to UK or Canada 1200-1500 dollars

• Cost of fuel 27 per hour from each passenger
• $270 for 10 hour flight fuel cost for 1 passenger
• Still almost 1000+ dollar profit per seat

Easy to see PIA making 1200 per seat on Canada route (250 fuel cost per passenger removed)
Easy to see PIA making 700 per seat on UK route (150 fuel cost per passenger removed)


As long as free tickets are not given out it will continue to make massive profits

 

[Talwar e Pakistan]

• $800,000,000 (800 Million Dollars) in 5 month wow is that for real this is the same airline which 7 months ago could not earn 1 rupee profit

Hold your horses; these figures are revenue, not profit.

 

[Path-Finder]

The national flag carrier on Sunday announced that it will discontinue its flights to Tokyo, Japan owing to financial losses.

With Pakistan International Airlines (PIA) buried in increasing debt, the airline’s management has decided to suspend flights from Beijing to Tokyo from February 15.


Following the closure of the route, PIA flights will be restricted to Beijing.


Mashood Tajwar, the airline’s spokesperson, said the step has been taken in view of incurring an annual loss of Rs300 million from its Tokyo flights.


PIA saves Rs20m a month through austerity steps


Tajwar added that the route has been discontinued to cut down on PIA losses.


Last year, the airline had suspended its operations to Kuwait and Salalah, Oman. The decision followed the suspension of flights to New York, where PIA said ran into heavy losses.


Last year, the airline had suspended its operations to Kuwait and Salalah, Oman. The decision followed the suspension of flights to New York, where PIA said ran into heavy losses.


The national flag carrier, however, resumed operations on Muscat and Sharjah routes which it suspended over a year earlier.

Source

 

[AZADPAKISTAN2009]

Both example (Karachi-Toronto) , (Karachi -UK ) flights 80% was profit , about 20% was cost of fuel if we assumed that ratio is same on all seats and 5 month

I rounded up to 80-20 ratio , 80% is profit and 20% cost of ticket is reserved for fuel


In 5 months ....
800 million x 0.80 = 640,000,000 (640 million Dollars profit) , before salaries are paid which should be not that much


What would be cost for salaries ?
40 million - 50 million ?

 

[FuturePAF]

So sad they couldn't fix PIA before they pulled out of JFK airport in New York and lost their slot. A Direct Flight from New York to either Islamabad, Lahore, and Karachi would gain back so many Pakistani passengers that have to use other airlines like the gulf carriers.

PIA has invested in 12 Boeing 777 while if it wasn't able to handle flying to Canada or America, it could have focused on planes more optimized for flight to Europe, Asia, and the middle east. Even the Prime Minister is flying on the smallest possible jet to get the job done, and not taking up a PIA A320 or Boeing 777 for diplomatic missions.

Looking at the leaner business operations of an Airlines like Biman Airlines. We can see where they fly and what they fly. While they Also operate B777 (they have returned to JFK after a decade of losing their slot) they can optimize future purchases for planes like the A220 based on how full a plane goes per trip, and how much demand there really is.
https://www.biman-airlines.com/flights/map
https://www.biman-airlines.com/about/fleet

Also Islamabad, Lahore, and Karachi need to rebuild links between the airports and the Bus and Train Networks. This will allow passengers traveling to make quick connections to their destinations via land transport, rather than waiting on a PIA domestic flight sometimes nearly 24 hours later. Linking between PIA and local carriers will also help earn business, as well as Linking PIA with Foreign Carriers. PIA service of Islamabad to Istanbul's large new airport, while Turkish Passengers fly via PIA through Islamabad on wards to east Asia, sort of like a budget Airline or an airline focused on bring in tourists like the gulf carriers are moving towards or Icelandic airlines.

Creative thinking can help PIA scale up, especially with all the infrastructure work already done in the Islamabad area, not just the airport.

Both example (Karachi-Toronto) , (Karachi -UK ) flights 80% was profit , about 20% was cost of fuel if we assumed that ratio is same on all seats and 5 month

I rounded up to 80-20 ratio , 80% is profit and 20% cost of ticket is reserved for fuel


In 5 months ....
800 million x 0.80 = 640,000,000 (640 million Dollars profit) , before salaries are paid which should be not that much


What would be cost for salaries ?
40 million - 50 million ?

They need to reinvest that directly into the airlines to recover its safety standard, air and ground crew training, and market heavily to rebuild its reputation.

 

[Bossman]

So sad they couldn't fix PIA before they pulled out of JFK airport in New York and lost their slot. A Direct Flight from New York to either Islamabad, Lahore, and Karachi would gain back so many Pakistani passengers that have to use other airlines like the gulf carriers.

PIA has invested in 12 Boeing 777 while if it wasn't able to handle flying to Canada or America, it could have focused on planes more optimized for flight to Europe, Asia, and the middle east. Even the Prime Minister is flying on the smallest possible jet to get the job done, and not taking up a PIA A320 or Boeing 777 for diplomatic missions.

Looking at the leaner business operations of an Airlines like Biman Airlines. We can see where they fly and what they fly. While they Also operate B777 (they have returned to JFK after a decade of losing their slot) they can optimize future purchases for planes like the A220 based on how full a plane goes per trip, and how much demand there really is.
https://www.biman-airlines.com/flights/map
https://www.biman-airlines.com/about/fleet

Also Islamabad, Lahore, and Karachi need to rebuild links between the airports and the Bus and Train Networks. This will allow passengers traveling to make quick connections to their destinations via land transport, rather than waiting on a PIA domestic flight sometimes nearly 24 hours later. Linking between PIA and local carriers will also help earn business, as well as Linking PIA with Foreign Carriers. PIA service of Islamabad to Istanbul's large new airport, while Turkish Passengers fly via PIA through Islamabad on wards to east Asia, sort of like a budget Airline or an airline focused on bring in tourists like the gulf carriers are moving towards or Icelandic airlines.

Creative thinking can help PIA scale up, especially with all the infrastructure work already done in the Islamabad area, not just the airport.



They need to reinvest that directly into the airlines to recover its safety standard, air and ground crew training, and market heavily to rebuild its reputation.

 

[AZADPAKISTAN2009]

5 Months

• Pakistan Railways is reporting Profits (more figures promised after 12 month mark)
• Pakistan Airlines is reporting Profits
• Gas for Textile Sector is revived (Punjab....lower gas prices promised)
• Sui Gas and other institute heads removed for their lack of initiative

• Which leaves us with Pakistan Steeles Mills (Recent focus based on current news)