KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
KUALA LUMPUR: Malaysia reinstated all Pakistani pilots with immediate effect currently employed in the country as they hold valid licences , its aviation regulator said in a statement on Thursday.
The pilots were suspended earlier this month after authorities in Pakistan discovered that up to a third of the country’s pilots may have falsified their qualifications.
The Civil Aviation Authority of Malaysia said 18 Pakistani pilot licence holders in the country were verified by the Pakistan Civil Aviation Authority.
In a related development, Pakistan International Air-lines’ Chief Executive Officer Air Marshal Arshad Malik has sought help from the country’s ambassador to Turkey for getting authorisation from Turkish authorities to operate PIA flights to Istanbul, our reporter in Rawalpindi adds.
In a letter to Pakistan’s Ambassador to Turkey M. Syrus Sajjad Qazi, the PIA chief said the national carrier planned to start operations to Turkey in the first week of August, provided the Turkish authorities granted authorisation.
He said that among several destinations earmarked for reinstatement, Istanbul had been marked for immediate restoration in PIA’s flight operations.
Mr Malik said he had sent a request to the authorities of Sabiha Gokcen International Airport for clearance of schedule for which permission was awaited. Due to the urgency of the situation, he had requested the ambassador to assist PIA in the matter, he added.
The PIA already has commercial agreements in place with airlines in Turkey, and recently concluded a code of share agreement with Pegasus airlines. Due to the Covid-19 pandemic, code share with Pegasus could not be activated as flight operations remained suspended.
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