Well my apology to lot of people who still want to live in a dream world. When i said it will be sold for Rs. 1.00, i meant that the management will bring this airline to a position where the value of this airline will be Rs 1 and that means the company is bankrupt and they have no choice but to shut it down. The only way to privatize the airline is to shut down completely and then the private investor to buy it since nobody wants to buy PIA with tons of liabilities.
Lot of private investors are interested in PIA but only if it is shutdown completely and then they restart it again. This issue was discussed in the MOD when Kazmi was the president PALPA. PIA is now a big liability to the government and the present government is not interested to spend an extra penny on it. PIA is on the list of privatization just like PTCL and the present management is bringing it to the position where it can be sold.
Has anybody realized why PIA is hiring employees on contract now?, just to finish the monopoly of the Unions and Association. Its very difficult for PIA management to layoff permanent employees cos the same employee will go to the court and get reinstated and get all the money.
So this is a sinking ship since the government wants to do it and the poor employee is suffering. And i think there is no harm to go for better opportunities since at the end of the day the poor guy has to feed his family. Unfortunately in past 10 years PIA employees are under paid and they are not appreciated. That is why most of the employee have left and working for other airlines and they are paid well and at the same time they are very well respected too.
And Dear Cpt_747, the emoticons are provided by this forum and it gives us the freedom to use it. One more thing i need to know how many hours did you spend on the flight simulator 2004 to get the 747 rating as a capt.
