Company Profile For Pakistan International Airlines Corporation

Pakistan International Airlines Corporation (PIA) provides air transport services. Other activities of the Company include provision of engineering and other allied services. PIA Cargo, the Company's air freight division, delivers cargo shipments to over 40 international destinations and serves the rest of the world through interline carriage, in addition to its country-wide, domestic network in Pakistan. Its flagship courier service, Speedex, delivers documents and parcels of any size, to the doorstep. PIA Engineering is an established aircraft maintenance and repair company that provides solutions to the aviation industry. PIA Engineering delivers maintenance and overhauling services for customers, as well as PIA's fleet of aircraft. During the year ended December 31, 2008, the Company carried 126,746 Hujjaj on 308 pre-Hajj flights to Saudi Arabia, with 242 flights to Jeddah and 66 flights to Madina. On return, it operated 305 post Hajj flights carrying 125,655 Hujjaj.

BRIEF: For the nine months ended 30 September 2009, Pakistan International Airlines Corporation's revenues increased 4% to PKR70.01B. Net loss decreased 73% to PKR10.21B. Revenues reflect higher passenger revenues, an increase in revenues from charter, a rise in revenues from excess baggage and higher income from engineering services. Lower loss reflets a decrease in aircraft fuel expense, an increase in gross profit margins and decreased exchange loss-net.

Pakistan International Airlines Corporation
Jinnah International Airport
Karachi     75200
P: +92111.786786
F: +9221.4572225

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