Pakistan Finance Minister
chairs meeting on restructuring of Pakistan International Airlines
Ishaq Dar, Finance Minister
and the Chairman of the Department for Aviation Reforms led a high-level
meeting in Islamabad to discuss the restructuring of Pakistan International
Airlines (PIA).
The meeting aimed to
address the challenges faced by the national carrier and devise a comprehensive
plan to revamp its ope
rations.
The participants held
deliberations at length on the current state of PIA, including its financial performance,
operational efficiency, and customer service.
The Chairman emphasized the
need for a holistic approach to restructure PIA, highlighting the importance of
improving its financial stability, enhancing service quality, and ensuring
compliance with international aviation standards. He stressed the significance
of a well-defined roadmap and strategic measures to transform PIA into a
competitive and customer-centric airline.
Discussions also revolved
around human resource management, fleet renewal, and route optimization. Participants
of the meeting explored ways to streamline PIA's workforce, attract skilled
professionals, and develop a performance-driven culture within the organization.
The importance of fleet modernization and optimizing flight routes to maximize
operational efficiency and cost-effectiveness was also emphasized.
Furthermore, the meeting
focused on enhancing safety protocols and regulatory compliance within PIA.
The restructuring efforts
discussed during the meeting align with the government's vision to transform
PIA into a profitable and reputable airline. The Chairman reiterated the
government's commitment to supporting PIA's revitalization, emphasizing that
the restructuring process would be carried out transparently and in line with
best practices.
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