Shaheen Air International (SAI) is experiencing its most exceedingly awful money related crunch and may shut down soon as the Saudi Prince, who was the potential purchaser of Shaheen Airlines, has ventured once more from the arrangement.
There has been no official declaration starting at yet, yet the carrier’s Chief Marketing Officer (CMO) dropped a clue about it in his ongoing articulation.
“Shaheen Air has not declared any exact conclusion, but rather its workplaces have been closed for as long as about fourteen days,” said SAI’s CMO Zohaib Hassan, including that they were all the while sitting tight for the resumption of work.
Another unknown aircraft representative told that the Saudi Prince pulled back from the arrangement in the wake of catching wind of the bodies of evidence against Shaheen Air.
“One can detect by the way that the workplaces of the business, one will put resources into, are fixed by the specialists, they are not cheerful, for what reason would one need to upset them,” he said.
The Doomed Airline
The Airline is going bankrupt; it owes Rs. 1.36 billion to the Civil Aviation Authority (CAA) which dropped its Regular Public Transport License (RPTL) prior this year.
The carrier’s head office was additionally fixed by the Federal Board of Revenue (FBR) due to non-installment of Rs. 1.4 billion.
Another obstacle in the recovery of Shaheen Air International (SAI) is that it has been requested to empty its head office and shelter premises following non-installment of levy.