National News

PIA signs contact for lease of three A-330s

ISLAMABAD, (APP):Pakistan International Airlines (PIA)
has formalized wet leasing of three A-330 aircraft from Sri Lankan
Airlines.
At a ceremony held in Colombo on Friday CEO, Bernd Hildenbrand
signed the contract with Chairman, Sri Lankan Airlines, Ajith Dias
and CEO Capt. Suren Ratwatte said press release received here.
The contract has materialized after a series of negotiations
between the two sides. First of these aircraft would he delivered
during the next week, while the rest in following months.
These aircraft are in brand new condition and would be used
for PIA Premier giving passengers a better experience, allowing PIA
to start regaining its market share.
PIA Premier is scheduled to be launched on August 14,
initially only to London.
There would be six weekly Premier service flights to London,
including three from Islamabad and three from Lahore. Later, with
addition of more aircraft, the service would be expanded to other
destinations.
Chairman, Azam Saigol appreciated the efforts of the PIA team
led by Hildenbrand in finalizing this contract.