GLOBAL FOCUS

Cathay Pacific to discontinue Pakistan flights after Karachi airport attack

Comments Email Reprints

Cathay Pacific Airways Ltd. has decided to suspend flights to Pakistan, following the June 8 Karachi airport attack that pushed up insurance prices on aircraft, The Express Tribune reported.

Feroze Jamal, Cathay Pacific's country manager for Pakistan, said that besides the high price of risk insurance, "forward booking of air tickets to Pakistan had dropped in recent months." Mr. Jamal said, "Political turmoil in Thailand also eroded the profits of Cathy Pacific's flights from Karachi to Bangkok."

Read more

More from BI