Pakistan International Airlines to purchase Boeing 777 from US company

Islamabad: Pakistan International Airlines PIA will purchase five Boeing 777 aircraft from Boeing Company of the United States and a definitive agreement to this effect was signed here Tuesday. Managing Director PIA Nadeem Khan Yousufzai and Director International Sales of Boeing Company J. Miguel Santos signed the agreement.

Minister for Defence Chaudhary Ahmad Mukhtar and Acting Ambassador of the United States to Pakistan Richard Hoagland witnessed the signing ceremony.

Under the agreement, the Boeing Company will deliver five Boeing 777 aircraft till November 2015. The first aircraft will be delivered in March 2015.

Speaking in the occasion, Minister for Defence Chaudhary Ahmad Mukhtar said all out efforts are being made to improve the performance of PIA.

He said the old PIA planes are spending eighteen percent more fuel which is very costly. He expressed the hope that PIA would come out of the crisis.

Director International Sales of Boeing Company said Boeing Company is part of PIA for the last many years and would continue to be good partner of PIA.

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