PIA to aquire three A-330s from Sri Lanka on wet lease

PIA to aquire three A-330s from Sri Lanka on wet lease

July 29, 2016   07:42 pm

Pakistan’s national flag carrier, Pakistan International Airlines (PIA) on Friday, formally signed a lease contract of three A-330 aircraft from Sri Lankan Airlines.

The contract was signed by PIA CEO Bernd Hildenbrand, Sri Lankan Airlines chairman Ajith Dias and CEO Captain Suren Ratwatte, during a ceremony held in Colombo today, a press release issued by the national airline read.

“The contract has materialised after a series of negotiations between the two sides. The first aircraft will be delivered during the next week, while the rest in following months.”

The press release also stated that the Airbus A330 planes are in ‘brand new’ condition and will be used for PIA’s premier service for its passengers, thus allowing PIA to start regaining its market share.

The premier service is set to launch on August 14 and will initially only operate in London. According to the statement, there will be six weekly premier service flights to London, including three from Islamabad and three from Lahore. Later, with an addition of more planes, the service will be expanded to other destinations as well.

Earlier, during an interview, PIA chairman Azam Sehgal said, “The premium service will better facilitate our customers.”

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴Ada Derana Prime Time News Bulletin 6.55 pm

Expressway toll collections hit Rs. 235 million within 5 days during festive season

LIVE🔴Ada Derana Lunch Time News Bulletin 12.00 pm

National oil anointing ceremony of Sinhala and Tamil New Year held in Wattala

SLFP's 'conspiracy forces' backed by India, US and Europe - Gamini Waleboda (English)

Ceylon Chamber of Commerce discusses developing Buddhist pilgrimages to Pakistan (English)

Vehicle import restrictions to be lifted only after thorough analysis - state minister (English)

Sri Lanka among countries that could benefit from debt-for-nature swaps - report (English)