Tag Archives: PIA

PIA Announces Pay Raise for Daily Waged Employees

PIA

Pakistan International Airlines (PIA), the national flag carrier, has announced a significant pay raise for its daily waged employees. This move is intended to boost employee morale and enhance productivity. Details of the Pay Raise Effective from July 1, 2024, the daily wages for PIA’s employees have been increased by Rs 5,000. This adjustment brings the new monthly salary to …

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Government Rejects Rs7.3 Billion Grant for PIA Amid IMF Commitments

The recent decision by the federal government to reject a proposal for a Rs7.3 billion grant to aid Pakistan International Airlines (PIA) has sparked a wave of concerns and discussions, especially given the airline’s ongoing struggles with debt and legal disputes. This move aligns with the government’s commitments to the International Monetary Fund (IMF), emphasizing the complexities faced by PIA …

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Pakistan Plans Major Overhaul of PIA through Public-Private Partnership

Introduction: The Pakistan government has outlined a major plan to restructure and revive the financially strained Pakistan International Airlines (PIA) under a public-private partnership model. The plan involves transferring assets and liabilities to a new holding company, selling shares in the international market, and streamlining operations to address the national carrier’s debt and losses. Key Plan Details: Under the PIA …

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Pakistan Concludes Special Hajj Flight Operation

Introduction: Pakistan’s government has successfully concluded its special Hajj flight operation, which aimed to facilitate the journey of more than 61,000 local pilgrims to Saudi Arabia for the annual Islamic pilgrimage. The operation, carried out by Pakistan International Airlines (PIA), played a crucial role in ensuring a smooth and convenient experience for the pilgrims. Facilitating the Pilgrimage: Every year, the …

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PIA's Tax Dispute Raises Concerns about Fairness of Taxation System

Introduction: Pakistan International Airlines (PIA) finds itself in a tax dispute with the Federal Board of Revenue (FBR) as the FBR takes the drastic step of freezing the airline’s bank accounts. This move comes at a critical time when the government has shifted the burden of revenue generation onto the general public, leading to growing concerns about the fairness of …

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PIA and Air China Partner to Offer Flights to 16 Chinese Cities

Introduction: In a significant move to enhance connectivity and convenience for travelers, Pakistan International Airlines (PIA) and Air China have joined hands to provide flights to 16 Chinese cities via Beijing. This partnership comes with added perks, including discounted fares and generous baggage allowances, making travel between Pakistan and China more accessible and enjoyable. Destinations and Opportunities: With this collaboration, …

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PIA Flight Steward Mysteriously Goes Missing in Toronto

Introduction: A Pakistan International Airlines (PIA) flight steward, Muntazir Mehdi, has gone missing in Toronto shortly after arriving in the city. This unsettling incident has raised concerns within the airline industry, as it is not the first time a PIA crew member has disappeared in a foreign city. The Disappearance of Muntazir Mehdi: Muntazir Mehdi, a flight steward for PIA, …

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Pakistan International Airlines Receives Final Warning from Riyadh Airport Authority for Non-Payment of Dues

The Riyadh Airport Authority (RAA) has issued a final warning to Pakistan International Airlines (PIA) regarding non-payment of dues. PIA has until July 15 to settle an outstanding amount of 8.2 million riyals owed to the RAA. Failure to meet the deadline could result in disruptions to PIA’s winter flight schedule. Additionally, the airline has been warned for non-payment of …

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Analyzing Pakistan International Airlines (PIA)'s Financial Challenges and Restructuring Options

Introduction: Pakistan International Airlines (PIA), once a symbol of national pride, finds itself grappling with an overwhelming financial crisis. Recent reports reveal that PIA’s overall losses are projected to exceed Rs800 billion by the end of the current year, creating a daunting challenge for the airline. In a recent briefing to the prime minister, possible reforms and strategies were discussed …

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