Efforts for improvement start yielding results in PIA: CEO
LAHORE: Pakistan International Airlines (PIA) Chief Executive Officer Air Marshal Arshad Malik said that efforts for improvement had started yielding results in the PIA despite the COVID-19 and other challenges.
He expressed these views while signing a memorandum of understanding (MoU) between the Lahore Chamber of Commerce & Industry (LCCI) and Pakistan International Airlines to facilitate business community and to build cordial business relations.
LCCI President Mian Tariq Misbah inked the MoU on behalf of their organisations.
PIA will offer special discount to LCCI members.
PIA CEO said that PIA’s revenue has increased and showed gross profit in the months of September and October.
He said that open sky policy had caused huge loss to PIA.
He said that financial restructuring of PIA was well on the way and would be finalized soon.
The Air Marshal further said that cargo space utilization of the airline had been increased and Boeing 777 aircraft could be used for cargo transportation.
Arshad Malik said the PIA was focusing on profitable routes based on demand prospects and commercial viability, adding that that unlike the past, all business decisions were now made collectively and political intervention had been ended.
The PIA chief said that no planning or up-gradation was made in the past for in-flight entertainment and passengers’ comfort on board the aircraft.
He said that a system was being planned to be upgraded for the convenience of passengers on long haul flights.
He said that merit had been implemented in PIA and all promotions and foreign postings had been done purely on merit without any outside influence. - APP
He said that golden shake policy has been introduced for 3000 employees. - APP