ISLAMABAD – Pakistan International Airlines (PIA) has suffered a whoppingloss of Rs. 1.8 trillion in the past 11 years.

In this period, PIA management faced ‘unjust’ rerouting of flights,political interference, manipulation by trade unions, and flights usage byheads of state and government.

During a meeting last month, PIA chief executive officer (CEO) revealedthat while explaining the losses bore by the national airline.——————————

He said that the PIA underwent a loss of Rs. 1,872 billion in the past 11years. The airline operated 50 flights for heads of state and government in2012-17, which led to a loss worth billions of rupees.

Another reason for losses incurred by PIA has been identified as surplusstaff. The government intends to introduce a Voluntary Separation Scheme(VSS) for the PIA employees.

The Aviation Division presented a strategic business plan for PIA beforePrime Minister Imran Khan on April 4, 2019. The PM approved the VSS and theliquidity requirement for mark-up payments.