PIA sends SOS to govt for Rs15bn loan amid liquidity crisis – Uptrends

PIA sends SOS to govt for Rs15bn loan amid liquidity crisis – Uptrends

  Finance ministry has so far refused to rescue the PIA and is reluctant to take any firm decision All PIA flights to Europe have been temporarily cancelled for a period of six months. — AFP/File CAA grants Rs5bn billion facility to keep PIA afloat. Finance ministry refuses to provide any guarantees. Aviation ministry makes last-ditch … Read more