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PIA on verge of shutdown as 537 flights cancelled in 11 days

The Business Guardian

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October 28, 2023

In a dire turn of events, Pakistan International Airlines (PIA) is teetering on the brink of a shutdown, having canceled more than 500 flights over the past 11 days due to the unavailability of fuel. This unprecedented crisis has been spurred by Pakistan State Oil (PSO) cutting its fuel supply to the airline over unpaid dues. As of October 13, PIA had been forced to cancel 537 flights, marking the airline’s most challenging period in its history.

PIA on verge of shutdown as 537 flights cancelled in 11 days

The situation reached a breaking point when, on a Thursday, PIA had to cancel a staggering 49 domestic and international flights from major cities across Pakistan, including Karachi, Lahore, Islamabad, Quetta, Multan, and Peshawar. The abrupt disruption in fuel supply from the Pakistan State Oil had a ripple effect, causing flights like Karachi to Islamabad and Karachi to Turbat to be grounded, leaving passengers stranded and schedules in chaos.

MEER VERHALEN VAN The Business Guardian

The Business Guardian

The Business Guardian

Govt finalises borrowing plan of Rs 6.77 lakh crore for H2 FY

The Government of India, in consultation with the Reserve Bank of India (RBI), has finalised its borrowing programme for the second half of the fiscal year 2025-26, targeting a total of Rs 6.77 lakh crore through dated securities.

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1 min

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Amit Shah Inaugurates startup conclave in Gandhinagar

Union Home Minister Amit Shah on Tuesday inaugurated the much-anticipated Startup Conclave 2025 at Mahatma Mandir in Gandhinagar, Gujarat.

time to read

2 mins

September 27, 2025

The Business Guardian

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time to read

4 mins

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The Business Guardian

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Nitin Gadkari announces plans for Hydrogen highways in India

Nitin Gadkari, Minister of Road Transport and Highways, Government of India, today announced the launch of India’s first hydrogen highways during Day 2 of the inaugural World Hydrogen India, organized by S&P Global Commodity InsightsVirtually addressing a gathering of global industry leaders, policymakers, and energy experts, Gadkari outlined India’s vision to achieve self-reliance in fuel and transform agriculture into an energy powerhouse.

time to read

1 mins

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The Business Guardian

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Vishav Punjabi Diwas 2025 celebrated on September 23

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time to read

1 min

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The Business Guardian

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FROM GANDHI TO MODI: THE CONTINUING CALL FOR SWADESHI

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time to read

4 mins

September 27, 2025

The Business Guardian

The Business Guardian

Bharat Esports Professional Federation (BESPF) Announces Inaugural EA FC 26 Tournaments

The Bharat Esports Professional Federation (BEsPF), India’s national governing body for esports, is excited to announce the launch of its first-ever EA FC 26 tournament series.

time to read

1 min

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The Business Guardian

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‘GIFT City to review regulatory changes for Stakeholder support’

Sanjay Kaul, Managing Director and Group CEO of Gift City, said that the entity will explore regulatory improvements to enhance the ecosystem and ease stakeholders’ concerns.

time to read

1 mins

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The Business Guardian

Taiwan Excellence Pavillion Strengthens Technology and Innovation Partnerships to Power India’s Growth

Taiwan Excellence (TE), an initiative of Taiwan's Ministry of Economic Affairs (MOEA), commenced its much-anticipated showcase today with the grand opening of the Taiwan Excellence Pavilion at Taiwan Expo India 2025, taking place from September 25-27, 2025 at Bharat Mandapam, Pragati Maidan, New Delhi.

time to read

1 min

September 27, 2025

The Business Guardian

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SAMSUNG AND HYUNDAI COLLABORATE TO CONNECT SMART HOMES AND CARS VIA IOT

Hyundai Motor Group partners with Samsung to create an IoT ecosystem linking smart homes and connected cars.

time to read

1 mins

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