AP-PAL is owned by Pakistan's Associated Group (AG) - www.ag.com.pk. It's a Lahore based business group and they own leading companies in Pakistan's energy sector related to Liquefied Petroleum Gas (LPG), Power Generation and Liquefied Natural Gas (LNG).
A bad day for Kingfisher Airlines! Flight IT-4124 Bhavnagar -Mumbai with 42 passengers / 4 crew overshot Mumbai's already shortened runway 27A (due to runway resurfacing work) in light rain and reduced visibility at around 16:40 local time and is stuck in soft ground. Passengers evacuated. Extensive damage to fuselage, landing gears, and port propeller! That ATR is certainly not flying ever again!