PIA Flies High Again: First Profit in 20 Years at Rs 2.26 Billion!
Great news for Pakistan! Pakistan International Airlines (PIA) has finally turned things around, making a net profit of Rs 2.26 billion in 2024—the first time since 2003! After years of losing money, this is a huge win for our national airline.
A Big Comeback
PIA didn’t just stop at a net profit. They also earned Rs 3.9 billion from their day-to-day operations. That’s a sign they’re back on track after almost 20 years of tough times. The last time PIA made money was way back in 2003, so this feels like a fresh start!
How Did They Do It?
This didn’t happen by luck. PIA worked hard with smart changes:
- Cutting Costs: They spent less on things that weren’t needed.
- Better Routes: They focused on flights that make money.
- Fixing Finances: They cleaned up their books to look stronger.
These steps paid off big time. Now, PIA’s operating margin—how much they earn from their main business—is over 12%. That’s a number that matches some of the world’s top airlines!
Why This Matters to Us
For Pakistanis, this is more than just numbers. PIA is our pride, and seeing it soar again feels good. A stronger airline means more jobs, better flights, and maybe even cheaper tickets one day. Plus, it shows Pakistan can turn things around with hard work.
What’s Next?
As of April 10, 2025, PIA’s 2024 success is a big deal. After two decades of losses, this profit is a fresh chapter. Will they keep flying high? With these reforms, the sky’s the limit!
What do you think—how can PIA keep this going? Tell us below!