PM for Expediting Reforms, Restructuring of PIA to Save Billions of Rupees of the National Exchequer

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Abbas Ali
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PM for Expediting Reforms, Restructuring of PIA to Save Billions of Rupees of the National Exchequer

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ISLAMABAD, Jun 19 (APP): Prime Minister Imran Khan on Friday emphasized the need to expedite the process of reforms and restructuring of Pakistan International Airlines (PIA) to save billions of rupees of the national exchequer.

Chairing a meeting about reforms in the PIA, he said taking out national institutions of losses, and making them active and stable was an important part of the present government’s agenda.

The prime minister said there was a need to expedite the reforms process in government institutions as the people had to bear the burden of their billions of rupees’ losses.

The prime minster said that by making the national institution like PIA profitable, it was necessary to ensure the best utilization of all its available resources in a transparent manner, besides expediting its administrative reforms process.

The meeting reviewed progress on reforms in the PIA, ways to save it from further losses and make it a profitable institution. It was told that after the induction of the present administration, the PIA’s losses had reduced satisfactorily and at operational level it was in a position to run flights without bearing any loss. However, it was informed that the COVID-19 situation had affected the efforts.

Source: APP
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Amaad Lone
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Re: PM for Expediting Reforms, Restructuring of PIA to Save Billions of Rupees of the National Exchequer

Post by Amaad Lone »

No government has the balls to fix PIA.

Its not possible. PIA is a cancer patient that each government gives a chemo therapy to give it temporary relief and then bang the cancer is back.

This time the cancer has spread to the entire body and PIA debt has become unmanageable.

The debt piled up since 2004 is going to bury this airline.
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Re: PM for Expediting Reforms, Restructuring of PIA to Save Billions of Rupees of the National Exchequer

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Cartoon in June 22 edition of English daily 'DAWN'.

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Re: PM for Expediting Reforms, Restructuring of PIA to Save Billions of Rupees of the National Exchequer

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Situation for airline and railway passengers in Pakistan. Cartoon in July 7 edition of English daily 'DAWN'.

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Re: PM for Expediting Reforms, Restructuring of PIA to Save Billions of Rupees of the National Exchequer

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Today, CEO PIA Air Marshal Arshad Malik met Prime Minister Imran Khan and briefed him on airline restructuring. CEO PIA also presented comprehensive plan for making PIA a profitable airline.

PM asked CEO PIA to expedite process of reforming PIA. The CEO PIA was told to consult with Advisor to Prime Minister on Institutional Reforms and Austerity Dr. Ishrat Hussain for preparing framework of airline's reforms agenda and submit it within seven days.

Reforms in PIA is top priority of the government, said PM Khan. Reforms process should be without discrimination, he said.

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