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

PAKISTAN INTERNATIONAL AIRLINES CORPORAT

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Pakistan International Airlines : World leaders condole PIA plane crash in Karachi

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05/23/2020 | 06:38am EDT

World leaders have sent messages of condolences to the government and people of Pakistan after Pakistan International Airlines (PIA) plane with nearly 100 people on board crashed into a residential area in Karachi on Friday.

In his latest tweet on Friday, Prime Minister Narendra Modi condoled the loss of lives in a plane crash in Pakistan and wished a speedy recovery to those injured. There were 99 people on board, however, it is not clear about the number of survivors.

'Deeply saddened by the loss of life due to a plane crash in Pakistan. Our condolences to the families of the deceased, and wishing speedy recovery to those injured,' he tweeted.

Congress leader Rahul Gandhi too condoled the loss of lives in the crash and said he is praying for 'miraculous stories of survival'.

'I'm sorry to hear about the air crash in Pakistan in which many lives have been lost. News of survivors is a ray of hope and I pray that there are many miraculous stories of survival tonight. My deepest condolences to the families of those who have perished,' tweeted the Congress leader.

On the other hand, Afghan President Ashraf Ghani has expressed grief and sorrow over loss of precious human lives in PIA crash incident.

In a tweet, he said my heart goes out to the families of victims who lost their lives in the PIA plane crash in Karachi. He offered his sincere commiserations to the people and the government of Pakistan.

He said Afghans stand with the people of Pakistan in this moment of grief.

Meanwhile, Canadian Prime Minister Justin Trudeau also expressed condolences to the families of victims in the Pakistan International Airlines flight PK 8303 plane crash in Karachi.

He said, 'This morning, we awoke to terrible news coming out of Pakistan.' 'A Pakistan international Airlines plane carrying over 100 passengers crashed in a residential neighbourhood in Karachi. My heart goes out to all the victims and their families. Our thoughts are with Pakistan today.'

Meanwhile, Foreign Ministers of Canada, Switzerland, Netherlands and Sri Lanka phoned up their Pakistani counterpart Shah Mahmood Qureshi separately to condole over the incident of plane crash in Karachi.

They conveyed sadness at the tragic occurrence and expressed solidarity with government and people of Pakistan at the loss of precious lives.

Shah Mahmood Qureshi individually thanked all four foreign ministers for expressing solidarity in this moment of grief.

© Pakistan Press International, source Asianet-Pakistan

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Sales 2019 165 B 1 000 M 1 000 M
Net income 2019 -55 979 M -340 M -340 M
Net Debt 2019 322 B 1 954 M 1 954 M
P/E ratio 2019 -0,62x
Yield 2019 -
Capitalization 22 406 M 136 M 136 M
EV / Sales 2018 2,48x
EV / Sales 2019 2,17x
Nbr of Employees -
Free-Float 55,0%
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NameTitle
Arshad Mahmood Malik Chairman, President & Chief Executive Officer
Syed Aijaz Mazhar Chief Operating Officer
Khalilullah Shaikh Chief Financial Officer
Amir Ali Chief Technical Officer
Khalid-ul-Rehman Barlas Chief Information Officer
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