In year 2015, a total of five dry leased ATR 72-500 aircraft registrations AP-BKV, AP-BKW, AP-BKX, AP-BKY and AP-BKY joined PIA fleet.

The aircraft were acquired on dry lease for up to eight years under a bids invitation issued in year 2014.

Induction of ATR 72-500 was criticized for a variety of reasons including aircraft's inability to perform flights to/from mountainous areas of Pakistan on regular basis.
On November 24, 2018, PIA ATR 72-500 registration AP-BKW was damaged beyond repairs in ground collision with grounded Shaheen Air Boeing 737-400 registration AP-BJU at Karachi Airport.

PIA bids invitation in May 16, 2020, newspaper sought complete overhaul of landing gear shipset installed on ATR 72-500 aircraft registrations:
AP-BKV
AP-BKX
AP-BKY
AP-BKZ
AP-BKV landing gear overhaul due on April 11, 2021.
AP-BKX landing gear overhaul due on August 16, 2021.
AP-BKY landing gear overhaul due on November 10, 2020.
AP-BKZ landing gear overhaul due on September 30, 2020.

Currently all four ATR 72-500 in PIA fleet are inactive:
AP-BKV
https://www.flightradar24.com/data/aircraft/ap-bkv
AP-BKX
https://www.flightradar24.com/data/aircraft/ap-bkx
AP-BKY
https://www.flightradar24.com/data/aircraft/ap-bky
AP-BKZ
https://www.flightradar24.com/data/aircraft/ap-bkz
Abbas