PIA faces $130 million deficit: MD

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Lahore:  Pakistan International Airline (PIA) Managing Director Nadeem Yousufzai has said that he is trying to overcome Rs130 million losses currently facing the national carrier.

Talking to a private television, Nadeem Yousuf Zai said that PIA is facing around 130 million dollar deficit and he is trying to overcome this huge loss.

“I am hopeful that PIA will definitely perform better in next year and for this purpose we are purchasing around 80 new planes,” he added.

He said that for the first time camps have been set up in Saudi Arabia to facilitate the pilgrims.

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