PIA Purchases Four Dry Leased Airbus A320 and Two Dry Leased Boeing 777 Aircraft

[Abbas Ali]

PIA has purchased four Airbus A320 and two Boeing 777 aircraft after expiry of their lease term. These six aircraft were serving PIA as dry leased aircraft. Outstanding amount for these aircraft has been paid by the airline.

The two dry leased Boeing 777 purchased by PIA apparently are aircraft registrations AP-BMG and AP-BMH.

Abbas

[Abbas Ali]

Apparently PIA has invited bids for the lease of eight CFM International CFM56 engines for four dry leased Airbus A320 aircraft purchased by the airline.

Tender notice in January 2, 2022, newspaper:



In September 2021, PIA invited bids for valuation of six Airbus A320 aircraft without engines.



Abbas

[Amaad Lone]

What a bad idea.

Buying 2005 vintage 777s with really bad club class.

Might be better if PIA now operates these two 777s in all econmy layout for the Saudi routes.

Why buy 17 year old 777-200ERs when you could probably get decent new planes at discounted prices.

PIA needs new and modern planes for UK where it will compete with Virgin and BA who are now operating direct flights.

PIA will now make the mistake of operating 400 seat 777-300ERs on the UK routes thinking passengers will fly them.

Will PIA make money flying these planes at 50% capacity?????????/

[flyingsystem]

From what I understood from the Sam Chui interview, PIA plans to induct a new fleet of Long Haul aircrafts in the coming years.
It seems to me the purchase of the 77-200ERs is not part of that long term plan, it might just be a "deal they could not refuse" kind of deal, a kind of stop gap until they can fully realize their fleet plans in the next few years...

[Tuti Fruiti]

PIA goal is to have an older to oldest fleet..leased fleet..and continuously shrink and shrink unless the airline disappears.

[Usman123]

PIA has purchased four Airbus A320 and two Boeing 777 aircraft. These six aircraft were serving PIA as dry leased aircraft. Outstanding amount for these aircraft has been paid by the airline.

The two dry leased Boeing 777 purchased by PIA apparently are aircraft registrations AP-BMG and AP-BMH.

Abbas

Do you know the purchasing costs of these deals

[Abbas Ali]

^ Sorry, I don't have details.

Abbas

[Amaad Lone]

which four A320s has PIA bought??

[Abbas Ali]

Probably four out of these six A320s purchased by PIA. All these six were acquired on dry lease from Icelandic Aircraft Management (IAM).

AP-BLA
AP-BLS
AP-BLT
AP-BLU
AP-BLV
AP-BLW

AP-BLA and AP-BLT inactive for quite some time, probably to resume flying after acquisition of CFM56 engines on lease by PIA.

https://www.flightradar24.com/data/aircraft/ap-bla
https://www.flightradar24.com/data/aircraft/ap-blt

BTW, AP-BLC also inactive for quite some time.

https://www.flightradar24.com/data/aircraft/ap-blc

Abbas

[Abbas Ali]

According to newspaper reports, AP-BLA is one of four dry leased Airbus A320 aircraft purchased by PIA.

On January 21, PIA Airbus A320 registration AP-BLA returned to the skies when it performed 1 hour & 42 minutes duration test flight from & to Karachi Airport. The A320 departed from Karachi at 3:06 PM and landed at Karachi at 4:48 PM. Maximum altitude attained by the aircraft was 37,025 feet.

PIA Airbus A320 registration AP-BLA was inactive since May 2021.


Source: flightradar24.com

Abbas

[Abbas Ali]

Today, after a gap of more than eight months, PIA Airbus A320 aircraft registration AP-BLA resumed performing commercial flights for the airline when it departed from Karachi at 12:43 AM as flight PK225 to Muscat.

The A320 acquired initially on dry lease for six years from 2015 to 2021 has been purchased by PIA, according to news sources..


Source: flightradar24.com

Abbas

[Abbas Ali]

According to PIA spokesperson, one of purchased Airbus A320 aircraft is being used as spares source by the airline.

https://nation.com.pk/2022/07/01/no-boe ... spokesman/

Abbas