KARACHI - After healthy results of December and confirming orders for three newer A320s, PIA has unveiled three pronged strategy to combat its present crisis of fleet shortage.

This was stated by Managing Director PIA Muhamamd Junaid Yunus during a meeting held at head office. In the first stage, PIA will keep the wet leased aircraft till delivery of its A320s in July 2014.

The main objective of this strategy is to fill the revenue gap to its maximum possible. During this period, the pilots will be trained. In the second stage, the newer A320s will be acquired on dry lease for which orders have been already confirmed by issuance of Letter of Intent (LoI) and making of initial payments. The induction will start from July 2014. These are being acquired from world leading aircraft lessor, GECAS. The training phase for pilots will start from March involving engineering personnel. Stage three involves placing orders for 20 narrow body aircraft, as stated by chairman earlier to cater to the needs of national flag carrier as envisaged in the airline’s Strategic Business Plan. “ Trends are very encouraging as PIA has made another record of launching highest number of extra flights on Umrah during a month, January 2014”, said by Junaid Yunus. We have the demand in the market and striving hard to capture it as much as possible, he said.

During last one year, we have taken very difficult but bold decisions to turn around our national flag carrier, he said. Our pilots, engineers and other professionals are the best in world. They have been instrumental in establishing and manning many successful airlines. Given opportunities and resources they perform to the best of their abilities. He hoped that very soon we shall come out of present situation. Our loyal passengers do trust us as being the safest and caring IATA approved airline and want to travel with us, Junaid Yunus said.