Restructuring of PIA discussed

Recorder Report Published September 20, 2023

ISLAMABAD: Federal Minister for Privatisation Fawad Hasan Fawad chaired a meeting with different stakeholders regarding the restructuring of Pakistan International Airlines (PIA) leading to a privatisation process.

Advisor to the PM on Aviation along with key members of his team, senior management, and legal/ financial consultants of the PIA were also present.

Clear timelines regarding the process were agreed with a view to meeting the target set by the prime minister and the cabinet.

PIA Fawad Hasan Fawad PIA privatisation caretaker Minister for Privatisation

Comments

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Parvez Sep 20, 2023 09:10am

Translation : How do we make more money from this disaster called PIA ...... when families of long dead directors still travel anywhere at 10%, how does one expect PIA to recover.

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Aamir Sep 20, 2023 09:42am

Just privatize it immediately. Wasting time on so many restructurings

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U2 Sep 20, 2023 12:53pm

Some people will again planning to get filthy rich using PIA!

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Khalid Baig Sep 21, 2023 06:06am

Freeze Foreign postings and hire locals

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Mobeen Sep 21, 2023 06:56pm

Just privatise it, if emirates can start with 2 pia planes and grew world's biggest airline why can't PIA privatise and get rid of extra employees and no discounts to VIP's will make PIA profitable company insha Allah

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Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
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Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
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