PIA Invites Bids for Aircraft Fleet Valuation

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Abbas Ali
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PIA Invites Bids for Aircraft Fleet Valuation

Post by Abbas Ali »

Tender notice in today's (January 18) newspaper.

Aircraft Fleet Valuation

Pakistan International Airlines invites sealed bids from independent valuation firms in relation to an assignment of revaluation of its aircraft fleet which includes desktop revaluation for incorporation of revalued amount in its books of accounts.

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Abbas Ali
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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by Abbas Ali »

The position of fleet and spare engines as of December 31, 2014, are as follows:

ATR 42-500
Number of operational aircraft: 6
Number of engines installed: 12
Number of spare engines: 6

Airbus A310-300 (Powered by General Electric engines)
Number of operational aircraft: 3
Number of engines installed: 6
Number of spare engines: 4

Airbus A310-300 (Powered by Pratt & Whitney engines)
Number of operational aircraft: 3
Number of engines installed: 6
Number of spare engines: 2

Airbus A320-200
Number of operational aircraft: 3
Number of engines installed: 6
Number of spare engines: 0

Boeing 747-300
Number of operational aircraft: 1
Number of engines installed: 4
Number of spare engines: 2

Boeing 777-200ER
Number of operational aircraft: 4
Number of engines installed: 8
Number of spare engines: 2

Boeing 777-200LR
Number of operational aircraft: 2
Number of engines installed: 4
Number of spare engines: 1

Boeing 777-300ER
Number of operational aircraft: 3
Number of engines installed: 6
Number of spare engines: 1
hr Total number of operational aircraft: 25
Total number of engines installed: 52
Total number of spare engines: 18

The valuation will involve a maintenance-adjusted current market valuation of following:

Aircraft: 25
Spare engines: 18

Info Source: PIA

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Abbas Ali
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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by Abbas Ali »

25 operational / airworthy aircraft I think are:

Six ATR 42-500
AP-BHH
AP-BHI
AP-BHM
AP-BHN
AP-BHO
AP-BHP

Three Airbus A310-300 (powered by General Electric engines)
AP-BEG
AP-BEQ
AP-BEU

Three Airbus A310-300 (powered by Pratt & Whitney engines)
AP-BGO
AP-BGP
AP-BGR

Three Airbus A320-200
AP-BLB
AP-BLC
AP-BLD

One Boeing 747-300
AP-BFY

Four Boeing 777-200ER
AP-BGJ
AP-BGK
AP-BGL
AP-BHX

Two Boeing 777-200LR
AP-BGY
AP-BGZ

Three Boeing 777-300ER
AP-BHV
AP-BHW
AP-BID

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747-300
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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by 747-300 »

There are three retired 747 with PIA , why do they have only 2 spare engines ? :-k
Jumbo is just not a plane, it's a legacy !
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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by Abbas Ali »

^ Probably Rolls-Royce engines of retired PIA Boeing 747-300s are sold?

Engines sale notice appeared in October 1, 2014, newspaper.

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hasan saleem
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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by hasan saleem »

How many operational aircraft currently ?
bigfish
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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by bigfish »

is BFY still flying?
I thought it was to be retired after Hajj, it must be in bad shape at the end of its life-cycle.
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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by furqan_haider »

bigfish wrote:is BFY still flying?
I thought it was to be retired after Hajj, it must be in bad shape at the end of its life-cycle.
Yes BFY is flying, last time (21st Jan, about 4:30PM) I saw it flying out of lahore...
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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by rayyanullah »

Just curious to learn how many sets of crews are being "retained" for one surviving king of the skies
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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by Abbas Ali »

^ According to Pakistan Air Line Pilots' Association (PALPA) President Capt. Amir Hashmi statement on a local news channel few days ago:

Cockpit crew for single active Boeing 747-367 (AP-BFY) in PIA fleet is:

Four captains.
Seven co-pilots/first officers.
Four flight engineers.

Three of seven PIA B747 co-pilots/first officers will transition to other aircraft.

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Re: PIA Invites Bids for Aircraft Fleet Valuation

Post by Abbas Ali »

Ascend Flightglobal Consultancy (ascendworldwide.com) will perform PIA aircraft fleet valuation work.

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