‘Rs7bn package to make PIA profitable’

Published
0

KARACHI, July 14: The prime minister’s adviser on aviation, Shujaat Azeem, has said that the Rs7 billion bail-out package for the Pakistan International Airlines will put back the national carrier on the path of recovery and make it profitable within next six months.

In a statement issued here, he said that the newly-constituted PIA board of directors, on its part, keeping in view the poor financial conditions of the airline, had decided not to take any perks and privileges from the airline such as pay, free travel for self and family members.

PIA chairman Aslam Khalique had also announced that he would not draw any salary, he added.

He said a critical analysis of passenger traffic over the past five years had been done and local aviation advisers’ views were reviewed, after which it was decided that 10 narrow-body new generation aircraft would be inducted in the airline on a priority basis.

It would facilitate domestic flights that had become unpredictable for a long time due to non-availability of the aircraft, he added.

Opinion

Editorial

A voice in care
10 Oct, 2026

A voice in care

WORLD Mental Health Day this year carries a compelling message. The theme, ‘Lived experiences heard: real voices,...
Midterm break
Updated 10 Oct, 2026

Midterm break

Both the US and Israel need to halt their destructive misadventures in the Middle East.
American barbarism
10 Oct, 2026

American barbarism

WITH the spectre of defeat in the upcoming midterm elections looming large over the Trump administration, the...
Beneath the surface
Updated 09 Oct, 2026

Beneath the surface

The recent round made fewer headlines because the hard bargaining over the budget had already been done.
Moscow disagreement
Updated 09 Oct, 2026

Moscow disagreement

Both the Taliban’s denialism, and Russia’s apparently soft stance towards the Afghan terrorism problem, are unfortunate.
Vanished girls
09 Oct, 2026

Vanished girls

THE scourge of female disappearances in Pakistan should be a matter of shame. Institutional reforms and ...