KARACHI: (APP) Chairman PIA Azam Saigol Wednesday said that PIA's privatization is not on the cards and all rumors in this regard are totally baseless'.
He said this while talking to President CBA (Collective Bargaining Agent) union of PIA, Shamim Akmal, who called on him here this afternoon and conveyed the apprehensions of PIA employees regarding rumors of privatization, says the spokesman of the national flag carrier here.
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While talking to him the Chairman PIA said that as per decision of parliament taken earlier this year, the Government of Pakistan would retain at least 51% shares of the airline, in addition to retaining the management control.
Shamim Akmal thanked the Chairman for this clear message and said PIA employees are appreciative of his commitment towards the revival of PIA.