Karachi: Pakistan Airlines (PIA) has finalized contract to purchase seven Boeing 777 Planes. According to sources, PIA will receive these planes from March 2012. This contract has been made in Dubai. These planes contract has been made under lease cum purchase option.
From last few months, PIA is facing serious problem and almost 50% of planes were grounded, last week. There is also news that a private company is coming in this field which is owned by a well known politician.
Faisal
From where are they going to get the funds for that ? Looks like government just gave them the green signal for aid or the news isnt true ?