Total losses incurred
during 2017 are Rs46 billion, which is Rs7 billion more than that of 2016 when the airline suffered Rs39 billions loss despite meeting two major disruptions: a plane crash near Hawelian and PIA employees strike during which not only the flight operation was suspended but also an employee was killed and few others injured.
During the last National Assembly session, MNA Sajida Begum had asked for details and reasons behind the monthly losses incurred
by the PIACL starting from June 2013 to date.
Hubline said it had to reassess the group's financial and operational strategies due to the losses incurred
by the division over the last few years.
The four-year-old class action suit, comprising investors who bought the shares between February 2007 and April 2008, claimed that Citibank kept them in the dark about the losses incurred
by it on the CODs.
The losses incurred
by these oil-marketing companies in this fiscal year, amount to rupees 430 billion.
If councillors are confident that any new tram system would be viable, they should be personally surcharged for any losses incurred
The report I have requested, which has cross-party support, simply requests a breakdown of losses incurred
and clarification of management practices so that we can look at all of the mechanisms necessary to reduce future shortfalls.
While the government will incur the lion's share of losses incurred
due to terrorist acts as set forth in the Act, the marketplace is free to determine the cost that building owners must pay in order to obtain coverage against these acts.
Insured losses from fires which have been ravaging New South Wales since before Christmas have now surpassed the A$56 million losses incurred
in the 1994 brush fires," said Henri in a statement.
Far more prevalent, however, was the evidence of widespread shareholder value destruction, including a 70 percent loss this year among B2C e-commerce companies and more than 80 percent losses incurred
by B2C portals, B2B marketplaces, and Application Service Providers.
There are losses incurred
in, or carried to, 2001 which would offset the deemed gain, and these losses would not otherwise be used to offset other gains.
The prices received in a time of stress do not reflect longer-run potential, adding to the losses incurred