ISLAMABAD: The Federal Minister for Finance and Economic Affairs, Dr Abdul Hafeez Shaikh advised the management of the national flag carrier Pakistan International Airlines Corporation (PIA) to strengthen the management structure in line with the recommendations of the Cabinet Committee on Restructuring of the Public Sector Enterprises constituted by the Prime Minister.
The minister said this while presiding over a meeting to review the performance of the Pakistan International Airlines and Civil Aviation Authority at the Finance Ministry Islamabad on Friday.
Sheikh also emphasised to accord greater autonomy to the Board of Directors, hiring of professional management from the open market, and implementing an aggressive action plan for austerity in the airlines.
The Minister was given a detailed presentation on the Strategic Restructuring Plan of the PIA which laid stressed on operational, financial and human resources restructuring.
The presentation was given by the Managing Director, PIA, and the meeting among others was attended by the Minister for Defence Chaudhry Ahmed Mukhtar, Minister for Petroleum and Natural Resources Dr Asim Hussain, Secretaries, Finance and, Defence and other concerned high officials of the Government of Pakistan.
COMMENTS (5)
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PIA is a dead entity and nothing can be done to revive it. The sooner we realize it the better it will be for the nation.
It is not easy to fix PIA . on paper you can draw plans to fix the ailing airline. But on ground situation is different. Political parties are responsible for failure of airline. PIA is gold mine for political workers. Any party which is in power use this gold mine for their workers. Few people work rest watch how the work is done. Only way to fix this airline is to shut down airline. Start new airline hire only willing and able workers. Medical on insurance bases and many other reforms can be done. If government has the will there are many ways to fix PIA. Good luck to Finance minister.
in think airlines r build on planes, if ur not going on buy any planes how can u keep running da airline, wid no standby planes an not enuf planes to cover ur routes
LOL instead of biryani they should start serving dhal chawal on their flights.
I think the silence in this comment space speaks volumes for what people think. They are exhausted by empty-words and empty-promises.