The railways ministry and the Pakistan International Airlines (PIA) announced reduction of fares by 10 percent for domestic economy class travel. The decision was taken after drop in petroleum prices.
Federal Minister for Railways and Aviation Khawaja Saad Rafique announces to drop fares by 10 percent for PIA and Railways tickets and urges to provide relief to the masses. He also added that the 94% of passengers in Pakistan Railways and more than 90% of passengers in PIA travel in the economy class.
Minister Rafique stated that the new prices will be effective after 12 AM tonight and the concession is only for the next 30 days. He also said that the notification for the reduced travel fares will be issued on 17 July.
The minister added that the Civil Aviation Authority (CAA) will instruct private airlines to reduce their fares as well, and enjoined the provincial governments to direct local transporters to decrease travel rates accordingly.
In a similar development on Friday, the All Pakistan Public Transport Owners Federation (APPTOF) announced a 10 percent cut in ticket fares for public travel between Lahore and other cities of Punjab.