• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Friday, May 29, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

CAA expects Rs.70b in revenue after restarting flights

by Web Desk
January 21, 2022
in Business, Economy
0
CAA expects Rs. 70b in revenue after restarting flights
345
SHARES
53.5k
VIEWS
Share on FacebookX

Civil Aviation Authority (CAA) is expecting PKR 70 billion revenue after revamping all flights. CAA has already earned PKR31 billion in the first half of FY22.

CAA income in FY17 was PKR63 billion. While CAA revenue in FY18 was PKR69 billion. CAA income reached PKR79 billion in FY19. But in the FY20, CAA income dropped by PKR10 billion to PKR69 billion. And in the FY21, CAA income dropped by PKR30 billion.

In March 2020, all international flight operations were suspended due to an increased wave of COVID-19.

Initially, NCOC stopped all commercial flights in the country due to Covid. But, NCOC resumed flight operations under their watch for any health concerns. NCOC kept a close eye on the global trend of COVID-19. They also made sure that health protocols were being followed in airports.

So by May 2020, NCOC had to allow international flight operations for outbound passengers only.

All types of international passenger flights were resumed according to the pre-COVID-19 schedule in the second week of August 2020.

May 2021 saw a decrease in international flights as operations again reduced to 20 percent of the approved schedule, but the decline was short-lived, and international flight operations increased to 50 percent of schedule in July 2021.

NCOC announced the resumption of all international flights as a pre-COVID-19 situation on 10 November 2021, raising the hopes of CAA that this will lead to an increase in its revenue.

Tags: latest
Web Desk

Web Desk

Related Posts

Pakistan, China agree to strengthen deep-rooted multifaceted ties

Pakistan, China agree to strengthen deep-rooted multifaceted ties

by Web Desk
May 26, 2026
0

Pakistan and China have reaffirmed their commitment to strengthening bilateral ties, strategic cooperation, and political mutual trust during Prime Minister...

IT exports expected to reach $4bn during current fiscal year, PM told

IT exports expected to reach $4bn during current fiscal year, PM told

by Web Desk
May 11, 2026
0

Prime Minister Shehbaz Sharif was informed on Monday that Pakistan’s IT exports are projected to reach between $4.5 billion and...

IMF approves $1.32b financing for Pakistan

IMF approves $1.32b financing for Pakistan

by Web Desk
May 9, 2026
0

The Executive Board of International Monetary Fund has approved one point three-two billion dollars financing for Pakistan under its Extended...

Pakistan speeds up taxation proposals ahead of key IMF budget talks

Pakistan speeds up taxation proposals ahead of key IMF budget talks

by Suneela Zulfiqar
May 6, 2026
0

With talks expected to begin with the International Monetary Fund (IMF) on May 12, 2026, to finalise the overall framework...

SBP says uncertainty may hurt financial stability prospects

Middle East conflict: SBP says uncertainty may hurt financial stability prospects

by Suneela Zulfiqar
May 6, 2026
0

The State Bank of Pakistan (SBP) has warned that ongoing uncertainty due to the Middle East conflict could create downside...

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

by Web Desk
April 24, 2026
0

SAN FRANCISCO: Cursor, an AI code-generation startup co-founded by Pakistani-born entrepreneur Sualeh Asif, has entered into a landmark $60 billion...

Next Post
PM called on Bill Gates to discuss matters of shared concern

PM called on Bill Gates to discuss matters of shared concern

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.