PIA to get two new aircraft from the Irish Seraph Aviation Group
PIA (Pakistan International Airlines) is all set to get two extra aircraft (Airbus A320-200s) from Seraph Aviation Group, a specialized aviation asset manager headquartered in Dublin, Ireland.
PIA originally presented for eight narrow-body aircraft and received almost 130 bids.
Following a comprehensive process comprising technical and budgetary requirements, Seraph Aviation Group, formerly known as Stellwagen Group, was successful in winning the bid.
The deliveries of the aircraft are expected in July and August.
David Butler, the Chief Executive Officer (CEO) of the Seraph Aviation Group, remarked: “We’re thrilled to have obtained a contract for two A320-200s with PIA.
“This follows a method in which we encountered tough competition, but where the combination of technical expertise and financial modeling obtained the highest marks.
“We look forward to delivering both the aircraft in the coming months and to commencing a long and positive relationship with PIA.”
Air Marshal Arshad Malik, the Chief Executive Officer (CEO) of PIA, praised Seraph for winning “a well-contested tender.”
Malik stated that he is looking forward to a “fruitful long-term partnership” between the two corporations.
The former air marshal stressed that PIA has adopted an aggressive growth-based approach in which the renovation and enlargement of the fleet are fundamental, along with concentration on productive routes and expansion on new journeys.
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