Skip to main content

Nearly 1,000 ‘surplus’ PIA employees laid off

RAWALPINDI: The Pakistan International Airlines (PIA) management has laid off nearly 1,000 surplus employees and has taken other measures to reduce operational cost of the airline.

This was informed by PIA president and Chief Executive Air Marshal Arshad Malik during a meeting with Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh on Friday.

The PIA chief executive, according to a press release issued by the finance ministry, briefed Dr Sheikh on various activities and initiatives undertaken by the PIA to reduce its operational cost and increase revenues through better management and effective utilisation of available financial and human resources.

Dr Sheikh asked the PIA to pursue independent, sustainable business plan and said the government wanted the national flag carrier to effectively utilise its assets, improve revenue streams and ensure efficiency and financial discipline.

The adviser stressed the importance of a viable and independent corporate plan to help the PIA overcome its difficulties and achieve sustainability in its business processes and flight operations. He said the government was fully behind the PIA management and expected it to work diligently to turn the national flag carrier into an economically stable, viable and dependable airline for local and international travellers.

Arshad Malik thanked Dr Sheikh for his guidance and support and said the PIA management had been able to lay off nearly 1,000 “redundant staff” to save costs.

He termed the ongoing Haj operation a success with almost 90 per cent efficiency achieved in the pre-Haj flight operation and they expected similar results in the post-Haj operation for which all-out efforts were made to bring back the pilgrims as per schedule.

The PM’s adviser directed his team in the finance ministry to work closely with the PIA management and extend them all possible financial help, keeping in view the availability of fiscal space.

On Tuesday, Prime Minister Imran Khan had chaired a meeting of the Aviation Division in Islamabad to discuss PIA’s business plan, requirements and other issues. It was attended by Minister for Aviation Ghulam Sarwar Khan, Dr Hafeez Sheikh, Aviation Secretary Shahrukh Nusrat and Arshad Malik.

The prime minister directed the PIA chief executive to improve the performance of the airline and increase travel facilities. Mr Khan directed the finance ministry to cooperate with the PIA in the purchase of new aircraft.

Two narrow-bodied aircraft are expected to be included in the PIA fleet by the end of this year.

Published in Dawn, August 31st, 2019



from The Dawn News - Home https://ift.tt/2NHcpcH
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Rouhani calls Imran, discusses resumption of trade

ISLAMABAD: Pakistan and Iran on Wednesday discussed full resumption of bilateral trade, which was halted last month because of the Covid-19 pandemic. “The two sides stressed the need to reactivate borders and border markets and strengthen trade ties by following health guidelines,” a statement issued by the Iranian presidency on the telephonic conversation between Prime Minister Imran Khan and President Dr Hassan Rouhani said. President Rouhani had called the prime minister for Ramazan greetings. Border trade between the two countries was suspended after a meeting of the National Security Committee (NSC), held on March 13, decided to close all borders because of the pandemic. Islamabad partially relaxed the restrictions on April 21, allowing the import of certain food items and provision of petrol and diesel to the border areas. Cargo traffic from Iran was allowed for three days every week. Cargo movement between the two countries takes place through five border crossings — Taftan...
Post a Comment
Read more

Today’s outlook: Sindh CM discusses reopening markets with PM Khan

Here are some of the stories we are expecting to follow today (Thursday): Sindh Chief Minister Murad Ali Shah will take Prime Minister Imran Khan into confidence over reopening shops and markets across the province. The reopened markets will have to follow SOPs. Sindh Transport Minister Awais Qadir Shah will discuss SOPs with transporters for resuming public transport in the coming days. The meeting will be held at the Sindh Assembly building at 1:30pm. The Oil and Gas Regulatory Authority has proposed a price cut of Rs20.68 per litre for petrol in its summary. Imam-e-Kaaba Sheikh Abdul Rahman Al-Sudais has said Masjid Al Haram and Masjid Al Nabawi will be reopened for worshipers soon. He said the Kaaba is being sterilised using latest technologies. Punjab Chief Minister Usman Buzdar will head various meetings during his visit to Bahawalpur. As of Thursday, Pakistan has reported more than 15,500 confirmed coronavirus cases. ICYMI: An amendment to the National Accountability Or...
Post a Comment
Read more

If Pakistani elderly self-distance infections could drop 30%: study

If we do nothing, COVID-19 could infect 206 million Pakistanis and kill 691,000. This is the estimation of researchers from the Imperial College London COVID-19 Response Team who have published country-wise projections in a March 26 report ‘ The Global Impact of COVID-19 and Strategies for Mitigation and Suppression ’ Furthermore, using an infection fatality rate from China, this means 4.4 million Pakistanis would require hospitalisation and from among those, 917,000 individuals would require critical care. Pakistan has a population of 220 million people. The research is based on the infection fatality rate from China, country health care system capacities and that one person with coronavirus is likely to infect 3 others. (You can find the excel sheet with Pakistan numbers here: Imperial-College-COVID19-Global-unmitigated-mitigated-suppression-scenarios.xlsx ) Forty-seven researchers crunched the numbers and made these projections to give countries, including Pakistan, some idea of...
Post a Comment
Read more