PIA Board unable to decide increase in salaries amid financial challenges

 

PIA Board unable to decide increase in salaries amid financial challenges

In a recent meeting held on Tuesday, the Pakistan International Airlines (PIA) Board of Directors could not come to a decision regarding the increment of salaries for the employees of the national flag carrier. The reason behind the non-approval was attributed to the current financial difficulties being faced by the airline.

In June, the Pakistan International Airlines (PIA) had raised the flying allowance of pilots by 35%.

During the meeting, the board was briefed on the restructuring plans for the national carrier, which received approval. As part of the restructuring strategy, the board directed the formulation of a plan that would be divided into two segments:

The first part would involve dealing with loans, non-core departments, and streamlining the workforce by addressing "unnecessary" positions.

The second part would focus on essential departments, profitable assets, and retaining a limited number of employees.

Eventually, the first part of the restructuring plan is expected to be phased out.

The board members expressed satisfaction with the efforts made by the airline to resume flights to Europe, the UK, and the US. In September of this year, a team from the European Aviation Safety Agency (EASA) is scheduled to conduct a physical audit of both the national carrier and the Civil Aviation Authority (CAA).

Furthermore, the meeting also included discussions on in-flight entertainment plans for PIA planes, which are set to meet international standards.

The airline's flights to Europe were suspended since June 2020 following an incident where flight PK-8303 crashed in Karachi on May 22, 2020. Subsequently, the grounding of 262 pilots suspected of exam irregularities further complicated the situation. However, with recent amendments to aviation laws, the government aims to resolve past issues and lift the suspension of flight operations to Europe and other destinations.

Federal Aviation Minister Khawaja Saad Rafique mentioned that the PIA is likely to resume flights to the UK within the next three months, following the removal of the final obstacle through new legislation passed this week.

Source: Express Tribune

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