LAHORE - After dip in the petroleum prices, PIA has not so far lowered its fares as the airline was the biggest beneficiary of the decision, said an aviation expert on Sunday. It is worth mentioning here that Hi-Octane price was reduced by Rs 14.83 per litre, petrol by Rs 9.43, diesel and kerosene oil by Rs 6.18 and Rs 8.16, respectively.

People heaved a sigh of relief as Prime Minister Nawaz Sharif on Friday decided to slash the prices of petroleum products by upto Rs 14.68 in wake of increasing pressure by Opposition parties and the business community to shift the decrease in the international oil prices to the general public.

People expected that after reduction in petroleum prices, air transport fares will be reduced but so far no such signal was received from any side.

When contacted Rafique Zardari spokesman of PIA said that since decision was taken on Friday night and Saturday and Sunday were holidays in the airlines while Monday and Tuesday were off days due to Muharram.

So on Wednesday PIA management will meet and take any decision in this regard.

He said that it will be collective decision of PIA and all other private airlines operating in Pakistan regarding reduction in airfare. To a question that whether PIA will reduce its fare or not, he said it is yet to be decided on Wednesday.