A deadly Pakistan International Airlines Corp. crash that killed 97 people in May has put a plan to revive the company, which has more accumulated losses than any other publicly-traded carrier in Asia, in jeopardy.<\/p>\n
The state-run airline, known as PIA, had just posted its first gross profit in eight years, was starting to fly again after a two-month nationwide lockdown, was on the verge of reviving a direct route to the U.S., and had proposed revival plans to the government. But the Airbus SE A320 jet crash into a residential neighborhood in Karachi has reignited questions about its viability.<\/p>\n","protected":false},"excerpt":{"rendered":"
A deadly Pakistan International Airlines Corp. crash that killed 97 people in May has put a plan to revive the company, which has more accumulated losses than any other publicly-traded carrier in Asia, in jeopardy. The state-run airline, known as PIA, had just posted its first gross profit in eight years, was starting to fly again after a two-month nationwide lockdown, was on the verge of reviving a direct route to the U.S., and had proposed revival plans to the government. But the Airbus SE A320 jet crash into a residential neighborhood in Karachi has reignited questions about its viability.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-355744","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=355744"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355744\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=355744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=355744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=355744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}