ECC approves $130 million cash support for PIA

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved US$130 million cash support for Pakistan International Airlines (PIAC). A decision to this effect was taken at the ECC meeting, which was held in Islamabad today with Finance Minister Shaukat Tarin in the chair. The ECC was informed that the airline has experienced a significant decline in revenues and cash flows due to … Continue reading ECC approves $130 million cash support for PIA