In business, Pakistan’s government bleeds

Published June 9, 2013 4:00am ET



ISLAMABAD (AP) — With every flight, Pakistan’s state-owned airline demonstrates the economic challenges facing the country’s new government.

Each time a plane belonging to Pakistan International Airlines takes off, odds are the aircraft is more than 25 years old and not in the best of shape. It is likely running late. It probably has a bigger crew than necessary — the airline has four, even five, times the staff per plane than a typical carrier. And ultimately, each flight is probably costing the state of Pakistan money instead of adding to its bottom line.

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