PIA Faces Shutdown Threat Over 150% Jet Fuel Price Surge, Warns Chairman

Pakistan International Airlines (PIA) is on the brink of closure as jet fuel costs soar by 150% since March, driven by global supply chain disruptions linked to the US-Iran conflict. The airline's operational sustainability is severely threatened, highlighting broader economic pressures in Pakistan's aviation sector. Next steps include government intervention and potential fuel subsidies or cost controls to prevent shutdown.