Sep 08, 2019

Pakistan avoids  aircraft lease payment of 340 M       

It has been reported that lease of an aircraft given to a Pakistani international carrier has not been paid even after 6 months of the expiration of the contract period which amount to Rs. 340 million.

The minimum share premium of the aircraft for 300 hours , which was leased for a period between August 10, 2016 and February 9, 2019, is US $ 8100.

It is said that the extra hour was US $ 7,600.