Company’s exploration activities picked up as it seeks to replace older, depleting fields.
The increase in tariff is one of the requirements of the loan deal the government struck with the IMF.
PIA works on cutting costs, small things can save Rs18b.
Drawing inspiration from Malaysia, PIA has cut its unprofitable routes.
Staff defends this, saying salaries are raised in line with inflation rate.
Political influence, increasing expenses and lack of capital brings the carrier to its knees .
Diversified group also investing Rs400m in hospitality business.
Says will add more international, domestic routes to steer the airline into the black.
Taken into custody as he headed to fly a plane carrying 180 passengers.
Unions ask govt to reconsider, as privatisation all but imminent.