The Boeing flight PK756, carrying 178 passengers from Riyadh in Saudi Arabia to Peshawar, was fired upon for two minutes before landing at the Bacha Khan International airport last night.
A woman passenger was killed and two flight stewards- Wajid and Ijaz- were injured.
A police official said the shots could have been fired from a nearby residential area which is close to the airport. Authorities were scouring the area to find the attacker.
Luckily Captain Tariq Chaudhry safely landed the plane at the airport and averted a catastrophe. The fire shots came from the adjacent Tehkal area side, he said.
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His colleague flight steward Ijaz received three bullet wounds and shifted to CMH Peshawar and was being operated upon, Wajid said.
"When the plane was about to land, we heard shots and suddenly there was chaos in the flight," a passenger was quoted as saying by Dunya TV.
"Credit goes to the pilot that he managed to land safely," he said.
Muhammad Faisal, a senior police official in Peshawar, said the forensic report found that eight AK-47 bullets were fired on the plane, hitting it in the tail section.
There was no immediate claim of responsibility but the Taliban militants have in the past targeted the airports.
On July 8, around 10 terrorists stormed the old Karachi airport terminal building in which 29 people were killed and security forces also gunned down all the terrorists.
Flight operations at Peshawar airport resumed today after being temporarily suspended following last night's terrorist attack on the plane, the Civil Aviation Authority said.