PIA outlines progress on business plan

NA panel reviews CAA performance, its revenues and expenses

ISLAMABAD:

Pakistan International Airlines (PIA) on Thursday briefed the National Assembly Standing Committee on Aviation about the progress on preparing its business plan and the challenges faced.

During the meeting held under the chairmanship of MNA Haji Imtiaz Ahmed Choudhary, the representatives of the Civil Aviation Authority (CAA) gave a detailed briefing on the National Aviation Policy formulated in 2019 because of shortcomings in the previous policy of 2015.

It was informed that major Gulf airlines exploited the opportunity provided by the open skies policy under the National Aviation Policy 2015 and deal a big blow to the flight operations of domestic air carriers.

However, the policy was revised in 2019 to encourage the growth and development of domestic airlines.

The committee expressed its concern over the failure of water drainage system at the Islamabad International Airport during the recent spell of rains in the capital and recommended to resolve the issue. The PIA chief executive officer spoke about the progress on framing the airline’s business plan and the challenges it faced.

The committee confirmed the minutes of its sixth meeting held on June 3, 2021. It took response from the Aviation Division to the queries made during its previous meeting concerning the performance of CAA and the growing difference between its revenues and expenses in recent years, especially in relation to the Islamabad International Airport.

Published in The Express Tribune, August 6^th, 2021.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.