Stocks Observer. com

By Abdul Qadir Qureshi ( Pakistan News & Features Servic es) National Carrier PIA achieved an operating profit of Rs.738 million in November 2012 after having suffered losses of Rs.1272 million in the corresponding period last year. The airline earned the profit despite difficult economic conditions, fierce competition, rising fuel prices, foreign exchange losses and law and order situation, PIA said. It was for the third month running that there was significant increase in the airline’s revenue income due to, what was described as,   dynamic policies of the present management which made the airline to achieve operating income since September this year. Although the airline faced a tough year yet successfully pushed its business forward in different areas with the credit attributed to the employees who made the airline to leap forward despite challenging times.  The Managing Director, Mohammad Junaid Yunus described it a tes...