PIA caused over Rs499bn loss in 15 years to exchequer

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Islamabad: National air carrier PIA has incurred a loss of Rs500 billion in 15 years.

Aviation Minister Ghulam Sarwar Khan presented the details of the national airline’s deficit during the last 15 years in the National Assembly.

He said in a written reply that PIA had caused a loss of over Rs499 billion to the exchequer.

According to the data provided by Ghulam Sarwar Khan, PIA incurred a loss of Rs499.75 billion between 2005 and 2020.

He said that the PML-N had the highest loss of Rs67 billion in its last year. During the PTI era, the deficit of the national airline gradually decreased.