CCO PIA'S live session - Summary

[Karachi Aviator]

CEO Aamir Hayat was stuck in a high level meeting and couldn't join the live session. Mr. Nausherwan Adil, CCO PIA was available instead of CEO Aamir Hayat.

Summary:

PIA is planning to start 2x Weekly KHI-IST using a320 aircraft.

PIA is planning to start KHI-KUL by the end of this year.

PIA has made an agreement with Batik Air Malaysia for Karachi ( PIA's passengers will be able to travel on Batik air)

Progress has been made in resumption of UK and EU flights

EASA team will visit Pakistan in November for Physical audit

PIA is hoping to serve UK passengers by Christmas

Manchester and Birmingham flights would start straight away. London will start in summer 2024

PIA will fly to some destinations in EU

IFE / Internet connectivity will be available on PIA aircraft till October (wifi devices have already been acquired)

Flights from Faislabad and Quetta to KSA will start soon. PIA was waiting for the runway upgrades of LYP

PIA suffered huge losses on Bangkok flights so they aren't being considered for now

PIA needs 40-50 aircrafts in it's fleet.

PIA is looking into flying to Iraq and Iran

PIA is in losses because of Exchange rate fluctuations, Legacy loans and interest payments.

[Abbas Ali]

Probably, PIA London Heathrow Airport landing slots given to other airlines under "Babysitting" concept current agreement(s) to end before the start of summer 2024.

Abbas

[Karachi Aviator]

Probably, PIA London Heathrow Airport landing slots given to other airlines under "Babysitting" concept current agreement(s) to end before the start of summer 2024.

Abbas

I believe PIA shouldn't have committed to giving away the slots for as far as 2024 summer. Maybe PIA was offered some money which it couldn't resist and now it'll have to wait 6-8 months extra before resuming LHR ( maybe opt for LGW in the meanwhile?).

Anyways, MAN and BHX should resume straight away. Also, it would be interesting to see how PIA approaches the EU market. Will PIA go for the same old 1x weekly ( mostly from LHE) to 4-5 European cities or will PIA choose one hub /point in EU and offers connections using codeshares. The CCO also said that PIA won't operate to Denmark for now.
Maybe PIA could approach Lufthansa or Air France for codeshares.