GE Boosts PIA’s Fleet Modernization

GE Boosts PIA’s Fleet Modernization
August 14, 2014 at 02:08pm

Pakistan International Airlines (PIA), which in 1960 became the first airline in Asia to operate a jet engine-powered commercial airplane, is in the midst of a project to build a younger, more fuel-efficient fleet. GE, which has served Pakistan’s aviation sector for more than four decades, is directly supporting these efforts.

A recently agreed six-year lease agreement with GE Capital Aviation Services provides PIA with three modern, fuel-efficient Airbus A320 medium-range aircraft. The first of these planes was delivered in June; the second is arriving this month, and the third is scheduled to be delivered in September.

The significance of this lease was demonstrated when Prime Minister Nawaz Sharif made a point of visiting the first of these three aircraft in late June. At the time of the Prime Minister’s visit, a senior PIA official said that improving fleet efficiency is central to bolstering the airline’s financial strength.

What’s more, these planes are powered by highly reliable and durable CFM56-5B engines, produced by the 50-50 joint venture between GE and Snecma (SAFRAN) of France.

For more on the five decades that GE has supported Pakistan’s development through partnership with public and private sector organizations, click here.

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