The continued demand for real estate in the emirate will support its macroeconomic development
uae2 hours ago
Ignoring announcement that the privatisation of Pakistan International airlines (PIA) has been shelved for six months, the protesting airline employees have threatened a complete lockout of offices of the national flag carrier across the country from Monday. Already the protests have disrupted booking and flight schedules.
Meanwhile, a PIA spokesman said the airliner has lost Rs500 million due to the ongoing strike by its employees. According to the spokesperson, passengers apprehensive of flight delays were not purchasing tickets of the national flag carrier.
PIA expenditures were going up day by day and it had been facing losses due to shattered confidence on the part of passengers, the spokesperson said, adding that travel agents were also advising passengers to buy tickets of other airlines to avoid any inconvenience.
The spokesperson added that the employees have threatened to close operations if their demands were not met.
news@khaleejtimes.com
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