KARACHI: Good news are coming out of PIA as a steady stream these days. Pakistan International Airlines (PIA) has managed to earn the trust of international consortium of banks and is eyeing to take a loan up to $300 million without government’s sovereign guarantee. The willingness of the banks to invest in PIA was revealed by the CEO PIA Air Marshal Arshad Malik during his speech at the Annual General Meeting held at Karachi on December 21, 2019. This made headlines in all major news outlets in the country and can be considered as big feat for PIA as its…
Author: holidayweekly
WASHINGTON: Boeing has fired its Chief Executive, Dennis Muilenburg, in a bid to restore confidence in the firm after two deadly crashes involving its 737 Max planes. More than 340 people died in the disasters, prompting accusations that Boeing put profit before safety. Families of the victims welcomed Mr. Muilenberg’s resignation as overdue. But they said Boeing’s decision to replace him with a long-time board member raised questions about its commitment to change. Boeing named David Calhoun, who has served on the firm’s board since 2009 and is its current chairman, as chief executive and president. “While the resignation of…
KARACHI: Pearl-Continental Hotel Karachi with great zeal and enthusiasm celebrates all cultural, literary, seasonal and religious festivals. [huge_it_slider id=”490″] Christmas Eve celebrations at Pearl Continental Hotel Karachi on 24th December 2019 started with Carol Singing, followed by Special Christmas Eve Dinner at Marco Polo Restaurant. The hotel had Festive Christmas Décor in the lobby area and a Santa Claus who gave away candies to the children. Furthermore, Christmas Brunch was organized at Marco Polo Restaurant on 25thDecember which offered a variety of delicious options to the guests. In addition, Bakers Boutique made the holiday season more festive with a variety…
CHICAGO: Boeing announced that its Board of Directors has named current Chairman, David L. Calhoun, as Chief Executive Officer and President, effective January 13, 2020. Mr. Calhoun will remain a member of the Board. In addition, Board member Lawrence W. Kellner will become non-executive Chairman of the Board effective immediately. The Board of Directors decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with regulators, customers, and all other stakeholders. Under the Company’s new leadership, Boeing will operate with a renewed commitment to full transparency, including effective…
KARACHI: Federal Minister for Maritime Affairs on Wednesday hinted to run a ship service to provide economical transport to pilgrims going to Saudi Arabia for Hajj and Umrah. “Ferry and passenger ship services require a NOC from the Ministry of Defence as we have applied once again for the service and included Jeddah, Basra, Oman for the destination to make it feasible,” said Ali Zaidi, Minister for Maritime Affairs. He said that through Ferry services, Hajj, Umrah and pilgrimages to Middle Eastern countries can become economical, adding that the government has planned to welcome the private sector to operate such…
ABU DHABI: Etihad Airways and Kuwait Airways have signed a codeshare partnership on selected services.The deal will take effect on travel from January 5th.Subject to regulatory approvals, Etihad will place its ‘EY’ code on Kuwait Airways operated flights from Abu Dhabi to Kuwait, Najaf and Dhaka. In turn, the Kuwaiti flag carrier will place its ‘KU’ code on Etihad flights from Kuwait to Abu Dhabi, Belgrade, Casablanca, Rabat, Khartoum, Johannesburg, Lagos, Nairobi, Male in the Maldives, and Mahe in the Seychelles. Tony Douglas, group chief executive officer, Etihad Aviation Group, said: “This is a great first step in what we…
MUSCAT: National carrier Oman Air was recently recognised as the nation’s ‘2019 Most Trusted Full Service Airline Brand’. The award was based on a survey conducted by Apex Media, a leading publishing house in the sultanate. Winners were determined by over 700,000 eligible survey entries. “This award is special to everyone at Oman Air”, said Abdulaziz Al Raisi, Oman Air CEO. “I am thankful to all our employees, who have earned the trust of our guests, and to everyone who voted for Oman Air. This award inspires us to work harder than ever in 2020 to maintain the trust of…
WASHINGTON: Boeing has fired its Chief Executive, Dennis Muilenburg, in a bid to restore confidence in the firm after two deadly crashes involving its 737 Max planes. More than 340 people died in the disasters, prompting accusations that Boeing put profit before safety. Families of the victims welcomed Mr. Muilenberg’s resignation as overdue. But they said Boeing’s decision to replace him with a long-time board member raised questions about its commitment to change. Boeing named David Calhoun, who has served on the firm’s board since 2009 and is its current chairman, as chief executive and president. “While the resignation of…
ISLAMABAD: Sabre Pakistan recently celebrated Sabre Appreciation & Award Ceremony 2019 in Islamabad at a prestigious venue and also to rejoice the relaunch of PIA contents on Sabre. Participants included movers and shakers from the travel industry. This was an event to honour our supportive and trustworthy business associates and to appreciate their loyalty towards Sabre. Award shields were distributed as a remembrance and a token of our good will towards them. Also participants got a chance to be part of exciting lucky draws [huge_it_slider id=”489″] Here we share with you some moments captured at the event…..
KARACHI: Last week flynas and its GSA-Pakistan Bukhari Travel and tourism Services opened its city office in Business hub of Pakistan, Karachi to provide international level of travel services to the people of the city. A notable gathering consisting of all leading travel agents of Karachi including Muhammad Naeem Shareef, Chairman TAAP, Mr. Yahaya Polani, Chairman Polani Group, Mr. Abbas Mehkri, Chairman Quality aviation, Mr. Haneef Rinch, Chairman, Shirazi Travels, Mr. Fazal Mahmood Rahmatullah, Managing Director Sana Travels, Mr. Muhammad Nadeem Shareef, Chairman Aroma travel, Mr. Muhammad Usman, CEO Usman Travels and Sayed Ali Hamdani, CEO Landmark communications graced the…