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PIA retired employees thank govt for continuation of allowances after privatisation

ISLAMABAD, Dec 30 (APP):The Pakistan International Airlines Retired Employees Association (PIAREA) thanked government for continuation of allowances and all other benefits following the privatisation of Pakistan International Airlines (PIA). The association conveyed its views during its 16th annual gathering held under the chairmanship of Syed Tahir Hassan. A large number of retired PIA employees attended […]

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RCCI Welcomes Privatisation of PIA as a Positive Step Towards Economic Revival

The Rawalpindi Chamber of Commerce and Industry (RCCI) has hailed the successful privatisation of Pakistan International Airlines (PIA), terming it a commendable and much-needed step towards economic revival and fiscal discipline. RCCI President, Usman Shaukat, in a statement said that the privatisation of low-performing state-owned enterprises had long been a burden on the national exchequer, and […]

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PIA privatization sends strong signal to global investors: Khurram Shahzad

ISLAMABAD, Dec 24 (APP):Advisor to the Finance Minister Khurram Shahzad said on Wednesday that the privatization of Pakistan International Airlines (PIA) marked a major structural reform and sent a strong message to global investors about Pakistan’s seriousness in fixing its economy.Talking to a private news channel, he said PIA had long been a loss-making entity […]

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PM commends team on successful PIA privatization, orders to immediately offload all loss making entities

ISLAMABAD, Dec 24 (APP):Prime Minister Muhammad Shehbaz Sharif on Wednesday appreciated the government team involved in the privatization of Pakistan International Airlines (PIA), saying the successful completion of the process marked a major milestone achieved in the larger national interest. He directed that all the loss-making State Owned Entities (SOEs) must be offloaded immediately in […]