UK lifts ban on Pakistani airlines after five | Australian Markets
Britain has lifted a five-year ban on Pakistani airlines, permitting them to use to renew UK flights simply as Islamabad steps up efforts to privatise its national service, Pakistan International Airlines.
The ban was imposed in 2020, days after Pakistan launched an investigation into the validity of pilot licences issued within the nation following a PIA airplane crash that killed 97 people.
The British High Commission stated on Wednesday the lifting of the ban adopted security enhancements by Pakistani authorities.
The determination comes simply months after the European Union took comparable steps.
While a number of non-public Pakistani airlines operate domestically and on regional routes, primarily to the Middle East, PIA has traditionally been the one service to operate long-haul flights to Britain and the European Union.
PIA had beforehand estimated an annual income loss of about 40 billion rupees ($A216 million) due to the ban.
The airline has long thought of UK routes, together with London, Manchester, and Birmingham, amongst its most profitable, and holds sought-after touchdown slots at London’s Heathrow Airport that might turn into energetic again.
PIA’s spokesperson stated the airline was finalising preparations to renew UK flights “in the shortest possible time” and had submitted its proposed schedule.
Flights would resume with the Islamabad-Manchester route, with three weekly flights deliberate initially pending schedule approval, the spokesperson added.
Earlier in July, Pakistan accredited 4 teams to bid for a 51 per cent to 100 per cent stake in PIA. Final bids are anticipated later in 2025.
The authorities is hoping that current reforms, which led to the airline’s first working revenue in 21 years – will help entice patrons below a broader IMF-backed privatisation push.
Pakistani Defence Minister Khawaja Muhammad Asif advised a media convention on Wednesday that the resumption of all routes would improve PIA’s worth earlier than the privatisation.
He additionally stated there have been plans to restart flights to New York.
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