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MarketScreener Homepage  >  Equities  >  The Pakistan Stock Exchange  >  Pakistan International Airlines Corporation Limited    PIAA   PK0003401012

PAKISTAN INTERNATIONAL AIRLINES CORPORAT

(PIAA)
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PIA crash: Technical experts return to France

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06/01/2020 | 11:59pm EDT

KARACHI : The technical experts who had come to investigate the Pakistan International Airlines (PIA) flight PK-8303 crash have on Monday returned to France from Karachi after conducting five-day interrogation. The 11-member team of technical advisers left on a special flight Airbus A320. The process to decode the plane's flight data recorder (FDR) and cockpit voice recorder (CVR) will begin in France from tomorrow.

Two members of investigation team from Pakistan have also left for France where the final crash report will be prepared by the Airbus technical advisers who collected important evidences from the crash site and also inspected runway. On the other hand, 12-year-old maid Naheeda, one of the crash victims, succumbed to wounds at civil hospital's burn center.

Sixty percent of her body had burnt in the crash. 84 dead bodies have been identified so far, nine corpses are at Edhi while four are at Chhipa mortuaries.

Sindh Chief Minister Syed Murad Ali Shah told that 45 bodies were identified through DNA whereas two samples are still available for matching. Let it be known that at least 97 were killed and dozens others wounded after a PIA plane crashed with nearly 100 people on board in Karachi on Friday.

The PIA plane was close to landing when it came down among houses, sparking an explosion and killing several people on the ground. The national carrier's flight PK-8303 took off from Lahore'sAllama Iqbal International Airport and crashed in Model Colony area in Malir, approximately 4 kilometers away from the airport.

© Pakistan Press International, source Asianet-Pakistan

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Financials
Sales 2019 165 B 991 M 991 M
Net income 2019 -55 979 M -337 M -337 M
Net Debt 2019 322 B 1 936 M 1 936 M
P/E ratio 2019 -0,62x
Yield 2019 -
Capitalization 22 146 M 133 M 133 M
EV / Sales 2018 2,48x
EV / Sales 2019 2,17x
Nbr of Employees -
Free-Float 55,0%
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Managers
NameTitle
Arshad Mahmood Malik President, CEO & Executive Director
Aslam R. Khan Chairman
Syed Aijaz Mazhar Chief Operating Officer
Khalilullah Shaikh Chief Financial Officer
Amir Ali Chief Technical Officer
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