BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.50 Decreased By ▼ -1.72 (-2.81%)
BOP 34.55 Increased By ▲ 0.87 (2.58%)
CNERGY 8.10 Increased By ▲ 0.02 (0.25%)
DCL 12.06 Increased By ▲ 0.42 (3.61%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.50 Decreased By ▼ -0.13 (-2.31%)
FFL 18.03 Increased By ▲ 0.02 (0.11%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.02 Decreased By ▼ -0.02 (-0.18%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.93 Increased By ▲ 0.20 (3.49%)
MLCF 90.70 Increased By ▲ 4.19 (4.84%)
NBP 191.00 Increased By ▲ 6.70 (3.64%)
PACE 11.50 Decreased By ▼ -0.15 (-1.29%)
PAEL 41.26 Increased By ▲ 1.30 (3.25%)
PIAHCLA 25.75 Increased By ▲ 0.08 (0.31%)
PIBTL 17.52 Increased By ▲ 0.25 (1.45%)
PPL 226.70 Increased By ▲ 4.03 (1.81%)
PRL 34.70 Increased By ▲ 0.24 (0.7%)
PTC 64.60 Increased By ▲ 0.86 (1.35%)
SEARL 91.50 Increased By ▲ 1.04 (1.15%)
SSGC 26.98 Increased By ▲ 0.31 (1.16%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.10 Increased By ▲ 0.63 (0.92%)
TPLP 10.85 Decreased By ▼ -0.35 (-3.13%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.40 Decreased By ▼ -1.19 (-1.69%)
WAVES 11.24 Increased By ▲ 0.13 (1.17%)
WTL 1.29 Increased By ▲ 0.02 (1.57%)
Business & Finance

PIA Headquarters to shift to the Capital City by June 2021

  • PIA announced that it will be shifting its headquarters from Karachi to Islamabad in June 2021 as part of its restructuring plan.
Published December 22, 2020 Updated December 22, 2020 02:49pm

As the Pakistan International Airlines (PIA) continues its mega restructuring for the next year, it has announced that it will be shifting its headquarters from Karachi to Islamabad in June 2021.

PIA's restructuring plan includes reducing its workforce to half. As part of PIA's Voluntary Separation Scheme (VSS), 3,500 employees will be let go. The national airline plans on reducing its 14,500 employees by 7,500 to save PKR 10.5 billion every year, as reported by Tech Juice.

PIA employees who were facing rule violations or poor performance inquiries will also be dismissed by January 2021 and each aircraft will now have 250 employees as opposed to the previous 500. Moreover, PIA has also shut down its courier service, SpeedEx, laying off 40,000 employees this year.

The corporate restructuring plan also include departmental changes, where non-core departments will be separated from the core departments by March 2021. Moreover, PIA plans on shifting its various departments to Islamabad in gradual phases. The commercial, human resource, legal and flight service departments will shift to the Capital City by January 2021. This will be followed by flight operation scheduling, medical, corporate development, works, and supply chain management by the end of February 2021.

Internal audit, corporate secretariat, and finance department will also shift to the Capital in March 2021, while the engineering department will be completely shift in June 2021 as part of the last phase.

In addition to this, PIA also plans on outsourcing its flight kitchens, technical ground services (TGS), and base maintenance engineering department to private companies through mutual agreements signed beforehand. The precision engineering department and its employees will now operate under the Pakistan Air Force (PAF).

Comments

Comments are closed for this article.