Times of Islamabad

PIA makes new announcement over the Voluntary Separation Scheme

PIA makes new announcement over the Voluntary Separation Scheme

The Pakistan International Airlines (PIA) has extended the due date forVoluntary Separation Scheme (VSS) applications by December 29.

According to the details, the CEO of the national flag carrier Air Marshalretired Arshad Malik announced the airline’s permanent employees couldsubmit their applications by next week.

He revealed that by December 22, the last date for submission ofapplications, only 1300 PIA employees had availed of the VSS package.

The PIA management plans to retire 3,500 employees under the VSS scheme andbased on performance, a forced retirement scheme would be enforced with thecompletion time period of January 2021.

As per reports, PIA’s total strength is around 14,500 (including outsourcedstaff) while it currently has a fleet of 29 aircraft, which cost Rs2.06billion per month.

When compared with other airlineslink,the officials said the PIA has a ratio of 500 employees per aircraft, whileQatar had 133, Emirates 231, Turkish 94, and Etihad 211. Qatar Airways isoperating with 240 aircraft and a total staff of 32,000 employees,