AZADPAKISTAN2009
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Well ... yes how to make it profitable
Well you can solve the problem by looking at the Report
REFERENCE: http://www.piac.com.pk/PIA_About/profiles/2010/ThirdQuarter-2010_01112010.pdf
This is from page Page 10 of 49 PIA report, OFFICIAL STATEMENT ON THEIR REPORT and with gov of Pakistan for all Tax purpose !!!
From their Main website - too download it before they delete it
Revenue PIA = 863,000 USD only not even Million Dollars
Expenses on Fuel : 365,038 (Depends on Market fuel cost)
Expenses on Other : 416,985 (almost half a million for expenses)
So profit shown was a mere
90,624 (What 1 guy makes in USA) So this is our crown jewl corporation Pride of our country it functions for 1 year (9 months in this reports ) and makes just 90,000 dollars
Then all other expenses and costs like money exchange etc is
130,000 USD (About less then cost of Ferrari car)
So here is the situation , the company is making about 90,000 dollars but it wants the gov to invest 10 billion dollars to save it ?
My question is
a) Less then 1 Million dollar in revenue? WTF ? Thats it ???
b) Also when you are making such less what are these other expenses
that take up 60% of your profit ?
The problem is the numbers don't add up
The reports says the company made revenue of 800,000? Right
How much it costs to fly UK to Pakistan ? 1500 usd / person
so that means 533 passengers ALL OVER WORLD TO GIVE IT REVENUE OF 800,000 ONLY
How much ppl fly in 1 PIA flight ?? well 200 passengers? So do you guys see the problem ??
The reports says it made Revenue of 800,000 USD , and that means 533 ppl flew on the planes @ 1500 USD / Person
So this report is FALSE !!!
There are 52 weeks in Year , PIA flyes weekly from UK to Pakistan weekly
150 passengers x 1500 USD X 52 = 11 Million Dollars from UK flights
7,800 passengers at least in year
There are 52 weeks in year , PIA flies weekly from USA to Pakistan
150 passengers x 1800 USD X 52 = 14 Million Dollars from USA 7,800 passengers at least in yearThere are 52 weeks in year , PIA flies weekly from Canada to Pakistan
150 passengers x 1800 USD X 52 = 14 Million Dollars from Canada7,800 passengers at least in year
So almost 23,000 passengers fly between 3 routs - while PIA claims only 533 passengers use its services in whole year so they make mere 800,000 revenue net
So by My calculations
PIA should be making 39,000,000 Million United States Dollars from
just 3 routes (New York - Karachi), (Toronto , Islamabad) , (London, Karachi)
So why is their report stating they made profit of only 90,000 dollars?
What bullshiaaaaaat????
Even if cost of catering and food is 400,000 USD but they made 40 million dollars from 3 international flights ....which always run FULL
Now I did not even add the flights from Pakistan - Middle east
I did not even add flights from Pakistan to Europe
I did not even add flights from Pakistan to Asia
So the problem is PIA has to be Audited on # of Tickets being sold vs what is being reported on books and has to be brought to court
The claim they only flew 500-600 passengers in year making profits 800,000 usd
while we all know 22,000 passengers fly between just 3 routes yearly
They really need to be brought to court I mean god , hiding profits of 40+ Million / year
and reporting only a profit of 90,000 dollar and that is also a lost due to gov tax ...
THEIVES !!! I say send this post to Cheif Justice and get them Checked
Problem's solution is simple
If I believed their lies , then we can still make profits
Based on above data any sensible person can see - what kind of bull **** their corporate report states 90,000 dollars profit ? After 9 months ? What are they doing running empty planes or flying ppl for free
But below meassures are not needed ... that was if no one was flying on PIA but I know PIA flights run full all the time
A) Ticket Prices have to go up by 10%
b) Food and other expenses have to be cut down
Food has to be made optional - You purchase
Mean on Airplane (30$ per passenger)
c) Extra money for extra bag (Only 2 bags allowed)
What needs to be done is Supreme court of Pakistan need to get a comitee that will ask all the tickets issued in year 2010 , and get verification of people who travelled in 2009-2010
and get rounded values of passengers that flew using PIA in international routes frist , and then also audit the local routs
PIA is hiding some serious TAX money from Government of Pakistan -
They must be hiding at least 70 million dollars US DOLLARS
And for past 10 years , 70 million x 10 = 700 million dollars in un declared taxes on this amount
I mean come on a biryani shop makes profit of 90,000 usd / year or 1 guy works full time in high post makes that much ... 1 person we are talking about a CORPORATION WITH 42 planes world wide service saying it makes just 90,000 usd ?? what ??? in the god's name where is the MONEY GOING ?? BLACK MARKET ? ?? SWISS BANK ACCOUNTS ??? POLITICAL AMBITIONS
Its common sense , all the international flights are booked and full thru out the year always 100% booked and sometimes you also need to book in advance so for anyone to say that
they made revenue of just 800,000 only is bull crap , that means only 533 passengers flew and me and you all know how many ppl fly each year on PIA
They are reporting it as Loss so they don't have to pay gov TAX and that is tax evasion and theft -....
CHEIF JUSTICE TIME
I bothered to read it and luckily there had calculations done in USD amount in page 10 on column and I was astonished at the level of curruption !!!
To claim only 533 ppl used PIA so they made just 800,000 USD in 9 months
While we all know just 3 routs make them 23,000 passengers = 49 million united states dollars and not less then million dollar as they claim choor- Big choori
or the plan is to sell this Entity too to some one for 100 million dollars ? or 50 million dollars ? hain ? This is such a clear choori bazi .... its just insane
Well you can solve the problem by looking at the Report
REFERENCE: http://www.piac.com.pk/PIA_About/profiles/2010/ThirdQuarter-2010_01112010.pdf
This is from page Page 10 of 49 PIA report, OFFICIAL STATEMENT ON THEIR REPORT and with gov of Pakistan for all Tax purpose !!!
From their Main website - too download it before they delete it
Revenue PIA = 863,000 USD only not even Million Dollars
Expenses on Fuel : 365,038 (Depends on Market fuel cost)
Expenses on Other : 416,985 (almost half a million for expenses)
So profit shown was a mere
90,624 (What 1 guy makes in USA) So this is our crown jewl corporation Pride of our country it functions for 1 year (9 months in this reports ) and makes just 90,000 dollars
Then all other expenses and costs like money exchange etc is
130,000 USD (About less then cost of Ferrari car)
So here is the situation , the company is making about 90,000 dollars but it wants the gov to invest 10 billion dollars to save it ?
My question is
a) Less then 1 Million dollar in revenue? WTF ? Thats it ???
b) Also when you are making such less what are these other expenses
that take up 60% of your profit ?
The problem is the numbers don't add up
The reports says the company made revenue of 800,000? Right
How much it costs to fly UK to Pakistan ? 1500 usd / person
so that means 533 passengers ALL OVER WORLD TO GIVE IT REVENUE OF 800,000 ONLY
How much ppl fly in 1 PIA flight ?? well 200 passengers? So do you guys see the problem ??
The reports says it made Revenue of 800,000 USD , and that means 533 ppl flew on the planes @ 1500 USD / Person
So this report is FALSE !!!
There are 52 weeks in Year , PIA flyes weekly from UK to Pakistan weekly
150 passengers x 1500 USD X 52 = 11 Million Dollars from UK flights
7,800 passengers at least in year
There are 52 weeks in year , PIA flies weekly from USA to Pakistan
150 passengers x 1800 USD X 52 = 14 Million Dollars from USA 7,800 passengers at least in yearThere are 52 weeks in year , PIA flies weekly from Canada to Pakistan
150 passengers x 1800 USD X 52 = 14 Million Dollars from Canada7,800 passengers at least in year
So almost 23,000 passengers fly between 3 routs - while PIA claims only 533 passengers use its services in whole year so they make mere 800,000 revenue net
So by My calculations
PIA should be making 39,000,000 Million United States Dollars from
just 3 routes (New York - Karachi), (Toronto , Islamabad) , (London, Karachi)
So why is their report stating they made profit of only 90,000 dollars?
What bullshiaaaaaat????
Even if cost of catering and food is 400,000 USD but they made 40 million dollars from 3 international flights ....which always run FULL
Now I did not even add the flights from Pakistan - Middle east
I did not even add flights from Pakistan to Europe
I did not even add flights from Pakistan to Asia
So the problem is PIA has to be Audited on # of Tickets being sold vs what is being reported on books and has to be brought to court
The claim they only flew 500-600 passengers in year making profits 800,000 usd
while we all know 22,000 passengers fly between just 3 routes yearly
They really need to be brought to court I mean god , hiding profits of 40+ Million / year
and reporting only a profit of 90,000 dollar and that is also a lost due to gov tax ...
THEIVES !!! I say send this post to Cheif Justice and get them Checked
Problem's solution is simple
If I believed their lies , then we can still make profits
Based on above data any sensible person can see - what kind of bull **** their corporate report states 90,000 dollars profit ? After 9 months ? What are they doing running empty planes or flying ppl for free
But below meassures are not needed ... that was if no one was flying on PIA but I know PIA flights run full all the time
A) Ticket Prices have to go up by 10%
b) Food and other expenses have to be cut down
Food has to be made optional - You purchase
Mean on Airplane (30$ per passenger)
c) Extra money for extra bag (Only 2 bags allowed)
What needs to be done is Supreme court of Pakistan need to get a comitee that will ask all the tickets issued in year 2010 , and get verification of people who travelled in 2009-2010
and get rounded values of passengers that flew using PIA in international routes frist , and then also audit the local routs
PIA is hiding some serious TAX money from Government of Pakistan -
They must be hiding at least 70 million dollars US DOLLARS
And for past 10 years , 70 million x 10 = 700 million dollars in un declared taxes on this amount
I mean come on a biryani shop makes profit of 90,000 usd / year or 1 guy works full time in high post makes that much ... 1 person we are talking about a CORPORATION WITH 42 planes world wide service saying it makes just 90,000 usd ?? what ??? in the god's name where is the MONEY GOING ?? BLACK MARKET ? ?? SWISS BANK ACCOUNTS ??? POLITICAL AMBITIONS
Its common sense , all the international flights are booked and full thru out the year always 100% booked and sometimes you also need to book in advance so for anyone to say that
they made revenue of just 800,000 only is bull crap , that means only 533 passengers flew and me and you all know how many ppl fly each year on PIA
They are reporting it as Loss so they don't have to pay gov TAX and that is tax evasion and theft -....
CHEIF JUSTICE TIME
I bothered to read it and luckily there had calculations done in USD amount in page 10 on column and I was astonished at the level of curruption !!!
To claim only 533 ppl used PIA so they made just 800,000 USD in 9 months
While we all know just 3 routs make them 23,000 passengers = 49 million united states dollars and not less then million dollar as they claim choor- Big choori
or the plan is to sell this Entity too to some one for 100 million dollars ? or 50 million dollars ? hain ? This is such a clear choori bazi .... its just insane
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