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What is causing the price volatility of Konndor Industries Limited (532397) ✌️【Customized Planning】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. Pakistan’s national carrier has grounded almost a third of its pilots after a government investigation revealedthat hundredsacross the country had fake licenses and were not qualified to fly.
In a letter to the government Friday, Pakistan International Airlines (PIA) said 141 of its 450 pilots will not be “utilized for any flying duties” as they had “suspicious licenses.”
What is causing the price volatility of Konndor Industries Limited (532397) ✌️【Customized Planning】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. The letter – sent by PIA General Manager Syed Qamar Maqbool – was shared with 【 - Free Access to Community with 300% Return 】 on Monday by the company’s spokesperson, Abdullah Khan.
On Wednesday last week, Pakistan Aviation Minister Ghulam Sarwar Khan said 262 pilots in the country “did not take the exam themselves” and had paid someone else to sit it on their behalf.
Pakistan has 860 active pilots serving its domestic airlines – including PIA – as well as a number of foreign carriers, Khan said.
Khan said all major airlines across Pakistan had been supplied “lists with names” of the fake pilots, along with a request that “action” should be taken to “prevent them from flying.” So far, PIA is the only carrier to take action.
What is causing the price volatility of Konndor Industries Limited (532397) ✌️【Customized Planning】✌️ Expert predictions of stock trends with real-time stock indices, futures, and metals, energy quotes to help you seize investment opportunities. The results of the investigation were announced as part of a preliminary report into a plane crash that killed 97 people on May 22. The PIA flight from Lahorecrashed in the southern city of Karachi, killing all but two of the passengers and crew on board.
What is causing the price volatility of Konndor Industries Limited (532397) ✌️【Customized Planning】✌️ Free stock data analysis to help you select stocks accurately and capture market trends. According to the report, the pilots were chatting about coronavirus and repeatedly ignored warnings from air traffic controllers before the plane went down in a residential area near the airport.
“The pilots were discussing corona throughout the flight. They were not focused. They talked about the coronavirus and how their families were affected,” Khan said, adding that the pilots were “overconfident.”
What is causing the price volatility of Konndor Industries Limited (532397) ✌️【Customized Planning】✌️ Precise predictions of market trends with real-time stock indices and futures data to help you make wise investment decisions. According to Khan, the pilots were told three times by air traffic controllers that the plane was too high and they should not attempt to land, “but the captain did not pay any heed to these instructions.”
“The aircraft touched the runway surface on its engines,” the report said. The engines scrubbed the runway, causing sparks and irreparable damage.
What is causing the price volatility of Konndor Industries Limited (532397) ✌️【Customized Planning】✌️ Free global stock market data to help you plan the best investment strategies and seize market opportunities. The pilots pulled the plane back into the air, but the damaged engines failed and caused the plane to crash, according to the report.
【 - Free Access to Community with 300% Return 】’s Sophia Saifi and journalist Adeel Raja reported from Islamabad. 【 - Free Access to Community with 300% Return 】’s Sugam Pokharel reported from Atlanta. Nectar Gan contributed reporting from Hong Kong.
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