PIA - Pakistan International Airlines (PK, Islamabad International) has signed a formal agreement with Turkish Airlines (TK, Istanbul Airport) for the wet-lease of A330-300 TC-JOM (msn 1499) on a six-month term.
According to the Pakistan Tribune newspaper, Turkish Airlines offered a rate of USD6,000 per block hour compared to the USD8,100 per block hour charged by SriLankan Airlines (UL, Colombo International) during the lease of A330-300 4R-ALN (msn 1604). The latter's contract ended last month amid controversy that PIA still owed the Sri Lankans arrears of USD3 million.
As it stands, TC-JOM (msn 1499) is set to commence PIA Premier flights between Pakistan and the United Kingdom.
