Due to the decline in passenger demand during the pandemic, it was difficult for airline companies to raise funds through capital increase.
The share price of the Turkish flag carrier, which was at 20.02 Turkish liras on December 31, 2021, jumped by 592.3 percent to 138.6 Turkish liras on Monday.
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Official_PIA PPP_Org pmln_org OfficialDGISPR Shame on our rulers for destroying PIA in the last 10-15 years while others are expanding and overcoming the covid impact.
It is because they increased the ticket prices in USD/EURO 2-5 times more than usual. Congrats.