ISLAMABAD: The Institute for Policy Reforms (IPR) on Friday issued a facts sheet on PIA and recommended that in order to compete, Pakistan International Air Line (PIA) must have a work force at par with other airlines.
"As this is a national issue, and all political parties must assist management establish a new contract with employees to ensure performance based incentives", the IPR facts sheet on revival of PIA said.
The IPR statement on PIA said that they must also revisit some of the employees' benefits.
PIA, the IPR facts sheet said that PIA must increase manifolds its investment in employee training and in improved systems.
"It cannot compete with the present work force and management systems. And it must show respect for its employees who are to bring PIA back on track. Employees too must cooperate to rebuild the PIA as company", the IPR said.
It added that if PIA remains in the public sector, the government must follow rigorously a policy of arm's length with the airline and help PIA reform itself.
The IPR facts sheet further recommended that the government must set targets for the top management and hold them to account. It must also give management full autonomy in decision-making.
The IPR facts sheet was of the view that it was difficult to say if 26% new equity will be enough to upgrade equipment and enable the airline to compete on quality and safety.
"Strategic investor for 26% equity would expect the government to clean the balance sheet", IPR observed.
The IPR facts sheet recommendation on the revival of PIA stated that rather than dwell on the binary of `to sell or not', all parties must dispassionately help PIA reform and regain competitiveness.
The IPR further recommended that the government should make a well thought out decision about PIA's future.
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