pakistan
Another airline prepares to shut down and cancel all flights
Key takeaways
- A growing number of airlines are facing financial pressure amid rising operational costs since the start of U.S. and Israel attack on Iran, with another carrier now moving closer to a potential shutdown.
- Several commercial and non-commercial aviation companies have struggled to remain financially viable.
- In the latest development, Finland-based charter airline Jetflite has entered consultations that could lead to the closure of most of its operations and the dismissal of 53 employees.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize. A growing number of airlines are facing financial pressure amid rising operational costs since the start of U.S. and Israel attack on Iran, with another carrier now moving closer to a potential shutdown.
Several commercial and non-commercial aviation companies have struggled to remain financially viable.
In the latest development, Finland-based charter airline Jetflite has entered consultations that could lead to the closure of most of its operations and the dismissal of 53 employees.
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