Arif Habib, PIA’s new owner, warned a rapid surge in jet fuel prices could force Pakistan International Airlines to suspend operations unless fuel-cost hikes are addressed. Pakistan has directed foreign carriers to carry sufficient fuel for return legs amid domestic supply concerns, adding immediate operational strain.
Discovered |
Briefing
The new Arif Habib-led takeover says surging Jet A costs pose an existential threat to PIA, jeopardizing privatization plans and near-term fleet and network decisions.
Islamabad’s order that foreign carriers carry return-leg fuel signals domestic supply and cost stress that will raise operating expenses and route disruption risk amid a wider jet-fuel spike and tightening SAF economics (see SAF price pressure).
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• Paul Ash