PIA in final discussions with Airbus and Boeing for major narrowbody deal

[owais.usmani]

PARIS AIR SHOW: PIA in final discussions with Airbus and Boeing for major narrowbody deal​

Pakistan International Airlines expects to conclude a major deal for up to 27 new single-aisle aircraft within the next few weeks, once it receives best and final offers from Airbus and Boeing.

The prospective deal, worth more than $2 billion at list prices, could be one of the major narrowbody sales campaigns of 2009, and was revealed to Flight Daily News at the Paris air show by PIA managing director Capt Mohammed Aijaz Haroon.

Speaking after signing a deal at the show with Thales for a RealitySeven Boeing 777-300ER full-flight simulator, Aijaz said the airline has completed the evaluation for the expansion of its fleet. "We're looking at the Airbus A320 and Boeing 737. We've had meetings with Airbus and Boeing and are waiting for their final numbers. We expect to finalise a deal within the next few weeks."
The airline plans to acquire up to 27 aircraft, through a mix of orders and leases, Aijaz says. "We'll place nine firm orders with nine purchase rights, and take nine from leasing companies. Deliveries will start at the end of 2010."

PIA has recently renewed and expanded its long-haul fleet through the delivery of nine 777-200ER/LRs and -300ERs, which are operated alongside five 747-300s. However, its narrowbody fleet comprises six ageing 737-300s, according to Flight's ACAS database. It also operates six ATR 42-500s and 12 A310-300s.

Aijaz says PIA aims to conclude a simulator deal in parallel with the new fleet acquisition, and is in talks with Thales and CAE. "We'd like to have the simulator in time to allow us to do the training in Pakistan," says Aijaz.

The new Level D 777-300ER simulator will begin operating its training centre in Karachi next year, and will be used both for PIA training needs and for third-party work. The airline currently uses 777 simulators at the CAE training centre in Dubai and British Airways in London for its training.

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Well, I don't get it. In 2008, PIA suffered a loss of almost 36 billion rupees (thats 3 billion a month) and yet they are planning for this deal!!! Have they lost their mind? Where will they arrange the money from? Their whole fleet is already under debt from the 7 Boeing 777 they purchased.

 

[notting hill]

hey there .. doesn't look like a military aviaton news to me .. more apt for economy and development section.. just an honest suggestion

 

[genmirajborgza786]

best would be A-319 or Embraer 195 (or ERJ 190-200) for domestic khi/lhr/islamabad plus short intl route

Embraer E-Jets - Wikipedia, the free encyclopedia

Airbus A319 | Airliners.net

in internaional route say mid-esat, far east, africa, close by europe, south asia a combinations of Airbus
say Airbus A310-300/A320-200 /300

 

[owais.usmani]

hey there .. doesn't look like a military aviaton news to me .. more apt for economy and development section.. just an honest suggestion

Well if MODS think that way they can move this thread. I have no objection.

 

[mean_bird]

10% of 2 billion =$200 million.

Sounds yummy!

 

[TOPGUN]

Good news for PIA lets be pround of it anyhow i know they have suffered in funds but iam sure they know wat they are doing! lets let it be!

 

[Hyde]

Sorry editing my post

 

[Cheetah786]

PARIS AIR SHOW: PIA in final discussions with Airbus and Boeing for major narrowbody deal​

Pakistan International Airlines expects to conclude a major deal for up to 27 new single-aisle aircraft within the next few weeks, once it receives best and final offers from Airbus and Boeing.

The prospective deal, worth more than $2 billion at list prices, could be one of the major narrowbody sales campaigns of 2009, and was revealed to Flight Daily News at the Paris air show by PIA managing director Capt Mohammed Aijaz Haroon.

Speaking after signing a deal at the show with Thales for a RealitySeven Boeing 777-300ER full-flight simulator, Aijaz said the airline has completed the evaluation for the expansion of its fleet. "We're looking at the Airbus A320 and Boeing 737. We've had meetings with Airbus and Boeing and are waiting for their final numbers. We expect to finalise a deal within the next few weeks."
The airline plans to acquire up to 27 aircraft, through a mix of orders and leases, Aijaz says. "We'll place nine firm orders with nine purchase rights, and take nine from leasing companies. Deliveries will start at the end of 2010."

PIA has recently renewed and expanded its long-haul fleet through the delivery of nine 777-200ER/LRs and -300ERs, which are operated alongside five 747-300s. However, its narrowbody fleet comprises six ageing 737-300s, according to Flight's ACAS database. It also operates six ATR 42-500s and 12 A310-300s.

Aijaz says PIA aims to conclude a simulator deal in parallel with the new fleet acquisition, and is in talks with Thales and CAE. "We'd like to have the simulator in time to allow us to do the training in Pakistan," says Aijaz.

The new Level D 777-300ER simulator will begin operating its training centre in Karachi next year, and will be used both for PIA training needs and for third-party work. The airline currently uses 777 simulators at the CAE training centre in Dubai and British Airways in London for its training.

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Well, I don't get it. In 2008, PIA suffered a loss of almost 36 billion rupees (thats 3 billion a month) and yet they are planning for this deal!!! Have they lost their mind? Where will they arrange the money from? Their whole fleet is already under debt from the 7 Boeing 777 they purchased.

1)Loss to PIA is becasue of 3 Reasons politicians abusing it(forcing the airline to continue serving areas that will never be profitable)
2)More employees then they need.
3)maintaing older equipment cost lot more then paying a monthly lease payment.

 

[owais.usmani]

Last year i heard PIA was gone in Profit after long time....... not sure but i think PIA earnt quite a lot of money (not sharing the figures as no one will believe me like that :rofl ) I read a newspaper few months back and it mentioned amount in billions of rupees that PIA earnt in Profit in 2008, they mentioned it was due to Heavy management changed from top to bottom

PIA earning profit during the Zardari era when it is being stuffed to the throat by all species of jiyalas??? Sun rising from the west sounds more believable!!!!!!

 

[Arsalan]

PIA earning profit during the Zardari era when it is being stuffed to the throat by all species of jiyalas??? Sun rising from the west sounds more believable!!!!!!

ha ha,,
that was nice! infact it reflect how most of the people think about the current situation with Mr.Zardari as the man in power!
NOTE: i mentioned most of so anyone may differ from this post,,, i mean any jiyalas onboard???

regards!

 

[fatman17]

pls merge in economy and cevelopment section!

 

[Wingman]

1)Loss to PIA is becasue of 3 Reasons politicians abusing it(forcing the airline to continue serving areas that will never be profitable)
2)More employees then they need.
3)maintaing older equipment cost lot more then paying a monthly lease payment.

To tell you the PIA can never go in loss, it always earned profit

 

[SQ8]

The day they start negotiating for newer air hostesses that don't look like your aunt is something I look forward to. You cant even ask them for water, I mean.. just feels bad asking somebody who is your mothers age for water. And then they get angry if you ask them twice for something, understandable since they are "Buzurg" and should be helped out rather than asked for something.

 

[Hyde]

are these aircrafts on lease or PIA actually buying them?

 

[mean_bird]

are these aircrafts on lease or PIA actually buying them?

Lease contracts are signed with other airlines not with manufacturers. So it should be a buy.