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Wednesday April 24, 2024

Local airlines

March 21, 2019

Granting excessive traffic rights to foreign airlines has had a negative impact on Pakistan’s foreign exchange which is presently about $800 million remitted by these carriers. The country has an annual passenger seats demand of 13.5 million and an overcapacity has been created to the disadvantage of local airlines. Commercial aviation is a highly regulated industry subject to control of not only the country where an airline’s registration has taken place, but of every other country over whose airspace the airline flies and where on whose airport it lands.

Malik Tariq Ali

Lahore