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Pakistan International (PIA) Order 5x Boeing 777-300ER's  
User currently offlineSA7700 From , joined Dec 1969, posts, RR:
Posted (3 years 5 months 2 weeks 4 days 3 hours ago) and read 9961 times:
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A very interesting and exciting development for PIA and Boeing - congratulations to all parties involved!


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 on Tuesday.

PIA to purchase 5 Boeing 777s from US


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

Agreement signed PIA to buy 5 Boeing 777


Regards

SA7700

24 replies: All unread, jump to last
 
User currently offlinebehramjee From , joined Dec 1969, posts, RR:
Reply 1, posted (3 years 5 months 2 weeks 4 days 3 hours ago) and read 9822 times:

fyi these 5 are B 777-300ERs which are a direct replacement for the 5 aging ex CX B 747-300s

User currently onlineRoseflyer From , joined Dec 1969, posts, RR:
Reply 2, posted (3 years 5 months 2 weeks 4 days 2 hours ago) and read 9680 times:

Great to see them replacing some of their airplanes in desperate need of replacement. 777-300ER makes an excellent 747-300 replacement.

Now once they get rid of those and the A310s, they'll have an up to date fleet again.


User currently offlinephishphan70 From , joined Dec 1969, posts, RR:
Reply 3, posted (3 years 5 months 2 weeks 4 days 2 hours ago) and read 9630 times:

Quoting Roseflyer (Reply 2):
Now once they get rid of those and the A310s, they'll have an up to date fleet again.

There's a thread right up right now saying they have just bought the leased A310's from Airbus..... so they aren't going anywhere anytime soon.


User currently onlineRoseflyer From , joined Dec 1969, posts, RR:
Reply 4, posted (3 years 5 months 2 weeks 4 days 2 hours ago) and read 9578 times:

Quoting phishphan70 (Reply 3):

There's a thread right up right now saying they have just bought the leased A310's from Airbus..... so they aren't going anywhere anytime soon.

Yes I know. The A310s aren't that bad, but they certainly aren't like what the gulf carriers are operating. PIA's short haul fleet of A310s and 737 classics is ok, but not like the more modern airplanes operated by some of the competition.


User currently offlineaviational From , joined Dec 1969, posts, RR:
Reply 5, posted (3 years 5 months 2 weeks 3 days 19 hours ago) and read 8963 times:

Good news...love 777 in PIA livery....

User currently offlineseabosdca From , joined Dec 1969, posts, RR:
Reply 6, posted (3 years 5 months 2 weeks 3 days 18 hours ago) and read 8959 times:

Neither PIA nor AI will be able to compete with the Gulf carriers until true privatization occurs. Any acquisition of new aircraft under the current structure is just window dressing.

But those will be some very good-looking 77Ws!


User currently offlineLuftyMatt From , joined Dec 1969, posts, RR:
Reply 7, posted (3 years 5 months 2 weeks 2 days 8 hours ago) and read 7940 times:

Good for PK   It's about time those ageing jumbos were replaced! I've got to wonder why it's taken them so long though?

User currently offlineSA7700 From , joined Dec 1969, posts, RR:
Reply 8, posted (3 years 5 months 1 week 5 days 9 hours ago) and read 7076 times:
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Quoting LuftyMatt (Reply 7):
It's about time those ageing jumbos were replaced! I've got to wonder why it's taken them so long though?

Probably financing? According to this article they have their fair share of problems.

The airline, like the Pakistani economy, has relied on bailouts to stay in the air, and is negotiating with the state for another rescue package.


Can Pakistan's state airline fly through tough times?


Rgds

SA7700


User currently offlineMaverickM11 From , joined Dec 1969, posts, RR:
Reply 9, posted (3 years 5 months 1 week 5 days 8 hours ago) and read 7015 times:

Quoting SA7700 (Thread starter):
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 on Tuesday

What is the US atoning for this time?


User currently offlineMountainFlyer From , joined Dec 1969, posts, RR:
Reply 10, posted (3 years 5 months 1 week 5 days 8 hours ago) and read 6968 times:

Quoting MaverickM11 (Reply 9):

What is the US atoning for this time?

How is Pakistan buying U.S. goods atonement on the part of the U.S.?


User currently offlineSA7700 From , joined Dec 1969, posts, RR:
Reply 11, posted (3 years 5 months 1 week 5 days 8 hours ago) and read 6968 times:
AIRLINERS.NET CREW
HEAD MODERATOR

Quoting MaverickM11 (Reply 9):
What is the US atoning for this time?

That would be the Boeing Company, not the US government.


EVERETT, Wash., Feb. 20, 2012 /PRNewswire/ -- Boeing [NYSE: BA] and Pakistan International Airlines today announced a firm order for five 777-300ER (extended range) airplanes. Valued at nearly $1.5 billion at list prices, the order also includes purchase rights to Pakistan International Airlines for five additional 777-300ERs.

Boeing, Pakistan International Airlines Finalize Order for Five 777-300ER’s


Rgds

SA7700


User currently offlineMaverickM11 From , joined Dec 1969, posts, RR:
Reply 12, posted (3 years 5 months 1 week 5 days 8 hours ago) and read 6912 times:

Quoting SA7700 (Reply 11):
That would be the Boeing Company, not the US government.

PK just magically got financing out of the blue? How is this being paid for?

Quoting MountainFlyer (Reply 10):
How is Pakistan buying U.S. goods atonement on the part of the U.S.?

Weren't the first batch of 777s suspiciously well timed as well?


User currently offlineSA7700 From , joined Dec 1969, posts, RR:
Reply 13, posted (3 years 5 months 1 week 5 days 7 hours ago) and read 6861 times:
AIRLINERS.NET CREW
HEAD MODERATOR

Quoting MaverickM11 (Reply 12):
PK just magically got financing out of the blue?

Unfortunately I don't have an answer for you, as I simply don't know who the financier is. But I'm asking you politely not to turn this thread into a political debate.

Thanks,

SA7700


User currently offlinecipango From , joined Dec 1969, posts, RR:
Reply 14, posted (3 years 5 months 1 week 5 days 7 hours ago) and read 6861 times:

I wonder will they fly them direct to JFK instead of the stopover in MAN?

User currently offlineIrishAyes From , joined Dec 1969, posts, RR:
Reply 15, posted (3 years 5 months 1 week 5 days 7 hours ago) and read 6828 times:

Quoting cipango (Reply 14):
I wonder will they fly them direct to JFK instead of the stopover in MAN?

No, because this is less to do with an aircraft range issue and more to do with a security issue. PIA flies nonstop from Toronto to Pakistan, but all of their US routes, at least those NOT originating in a US gateway city, must make a stopover in an EU country first.

It was the same with ORD and IAH before they were dropped (or will be dropped, in ORD's case)


User currently offlinecipango From , joined Dec 1969, posts, RR:
Reply 16, posted (3 years 5 months 1 week 5 days 7 hours ago) and read 6821 times:

Quoting IrishAyes (Reply 15):
No, because this is less to do with an aircraft range issue and more to do with a security issue.

Ah, never knew that. Must be very hard on profit maximization especially since they don't have 5th freedom MAN-JFK.


User currently offlineMaverickM11 From , joined Dec 1969, posts, RR:
Reply 17, posted (3 years 5 months 1 week 5 days 7 hours ago) and read 6788 times:

Quoting cipango (Reply 16):
Must be very hard on profit maximization especially since they don't have 5th freedom MAN-JFK.

Well, that and PK makes AI look like SQ.

Quoting SA7700 (Reply 13):
But I'm asking you politely not to turn this thread into a political debate.

I'm not trying to turn it into a political debate; I'm just wondering what the quid pro quo was.


User currently offlineMountainFlyer From , joined Dec 1969, posts, RR:
Reply 18, posted (3 years 5 months 1 week 5 days 7 hours ago) and read 6740 times:

Quoting MaverickM11 (Reply 12):

Weren't the first batch of 777s suspiciously well timed as well?

Forgive me but I am honestly asking because I don't understand. If the U.S. has something to atone for (I'm not debating whether it does or not), how does Pakistan buying U.S. goods do that? Wouldn't it be the other way around? Or am I missing something?


User currently offlinesomething From , joined Dec 1969, posts, RR:
Reply 19, posted (3 years 5 months 1 week 5 days 6 hours ago) and read 6664 times:

Quoting MountainFlyer (Reply 18):
Forgive me but I am honestly asking because I don't understand. If the U.S. has something to atone for (I'm not debating whether it does or not), how does Pakistan buying U.S. goods do that? Wouldn't it be the other way around? Or am I missing something?

PIA is not in very well shape, financially. Neither is Pakistan the country. But the US export-import bank could still give them a credit, with very favorable conditions at that. Maybe not even make them pay the full price back. After all, Pakistan is receiving billions of dollars in aids from the US.

Banning politics from this discussion is very much misguided - as long as the discussion isn't about the politics themselves (eg, should the US pay aid to Pakistan; should Pakistan be given such a credit etc.). But this is by no means just another fleet renewal by just another private company.


User currently offlineimiakhtar From , joined Dec 1969, posts, RR:
Reply 20, posted (3 years 5 months 1 week 5 days 6 hours ago) and read 6640 times:

Quoting cipango (Reply 16):
Must be very hard on profit maximization especially since they don't have 5th freedom MAN-JFK.

You're wrong. PK does in fact have 5th freedom rights on the MAN-JFK route.


User currently offlineMaverickM11 From , joined Dec 1969, posts, RR:
Reply 21, posted (3 years 5 months 1 week 5 days 6 hours ago) and read 6620 times:

Quoting something (Reply 19):
But the US export-import bank could still give them a credit, with very favorable conditions at that. Maybe not even make them pay the full price back. After all, Pakistan is receiving billions of dollars in aids from the US.

   And if the search function on a.net worked I/we could probably find pretty quickly what was going on around the initial 777 order


User currently offlineimiakhtar From , joined Dec 1969, posts, RR:
Reply 22, posted (3 years 5 months 1 week 5 days 5 hours ago) and read 6578 times:

Quoting MaverickM11 (Reply 21):
And if the search function on a.net worked I/we could probably find pretty quickly what was going on around the initial 777 order

Exim financing:

WASHINGTON:

According to an agreement signed by PIA and the US Exim Bank with the Boeing company last year, Pakistan International Airlines is to purchase eight Boeing-777 aircraft at an approximate cost of $1.3 billion with 85 percent of Exim Bank guarantee.


http://www.dailytimes.com.pk/default.asp?page=story_5-6-2003_pg5_9


User currently offlineB738FlyUIA From , joined Dec 1969, posts, RR:
Reply 23, posted (3 years 5 months 1 week 5 days 5 hours ago) and read 6538 times:

Great that there is another order for the B77W and for PK!!!!

Quoting imiakhtar (Reply 20):
You're wrong. PK does in fact have 5th freedom rights on the MAN-JFK route.
About Freedom rights

There are some more interesting then on the the 5th (Just a little Off-Topic)


User currently offlineSA7700 From , joined Dec 1969, posts, RR:
Reply 24, posted (3 years 5 months 1 week 5 days 1 hour ago) and read 6393 times:
AIRLINERS.NET CREW
HEAD MODERATOR

Quoting MaverickM11 (Reply 21):
And if the search function on a.net worked I/we could probably find pretty quickly what was going on around the initial 777 order

Here is a link to an airliners.net thread, which I found via a search, which may answer some of your questions. I sincerely hope it helps:

PIA 777 Update


Rgds  

SA7700


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