According to a report, a meaningful rise in the air traffic has been observed because of the increased business activity for CPEC in Pakistan. As many as 5 local and international airline companies have applied to CAA (Pakistan Civil Aviation Authority) to hold license to venture with the aviation industry of the country.
The reliable source further says that after holding the license, international airlines are expected to get the approval from CAA to carry out their flight operations by using Pakistan’s skies for the next one year. It would be hoped to bring the fare tariffs down for the passengers.
From the past five to twenty years, the air traffic of Pakistan flew high up to 40% because of great influx of air passengers. With an improved security and law & order situation in the country, a significant rise has been observed in the air traffic. It has also increased the movement of foreign tourists also.
Pakistan’s aviation companies comprising Go Green, Air Siyal, Afeez Zara Airways, Liberty Air and Askari Air have taken a lead in applying for holding the license to be a part of the aviation industry. According to a reliable forecast by International Air Transport Association, these companies might share 9% annually and are hoped to retain the same leap till 2020.
CPEC has no doubt, has greatly contributed to the rise in air traffic in the country. As we already know that the CPEC projects are in full bloom in the different cities of Balochistan. Majority of the license applying airlines are expected to offer low profit fares and are a targeting far off destinations of Balochistan like Pangur, Turbat, Gwadar, Zhob, Khuzdar and Dalbadin. They might focus also the ideal tourist destinations like Chitral, Parachinar, Gilgit, Rawal, Bannu and Skardu. It has plans to bring airplanes fit for small airports too.
As our country holds a great potential for tourists, this initiative will promise quick profits as well bring challenges for PIA which has been a sole air operating body in the country.