LAHORE
\nPrime Minister Shehbaz Sharif on Wednesday constituted a high-level committee to work out the restructuring, reformation and revival of Pakistan International Airlines (PIA).
\nPM Shehbaz Sharif chaired a high-level meeting to discuss the matters pertaining to the PIA. Under the leadership of Finance Minister Ishaq Dar, the committee would present its proposals and recommendations to the federal cabinet after Eid-ul-Azha.
\nThe committee would comprise Finance Minister Ishaq Dar, Railway and Aviation Minister Khawaja Saad Rafiq, Planning Minister Ahsan Iqbal, Commerce Minister Syed Naveed Qamar, Special Assistant to PM Jahanzeb Khan and federal secretary of Aviation.
\nThe body would deliberate on different options for the restructuring and revival of the PIA. The aviation minister briefed the prime minister about the proposed route map and reformative measures for the uplift of the national flag carrier.
\nThe prime minister appreciated the efforts of the minister for the PIA\u2019s revival. He viewed that the PIA had the capacity to overcome the losses. The meeting was told that the number of planes in the PIA fleet would have to be increased from current 27 to 49, in order to steer the airline out of the crisis.
\nPrime Minister Shehbaz said that the PIA had lost the Europe and US routes owing to irresponsible statements by the previous government, inflicting the loss of billions of rupees. He recalled that the incompetent ministers of the previous government had victimised international investors, Chinese firms and Turkish businessmen.
\nCalling the reformation process inevitable, the prime minister told the meeting that the PIA could only progress if run by professional and administrative experts purely on a profit-and-loss basis.
\nThe prime minister said the government was heading toward a policy mechanism in which the government\u2019s role would be confined to the policy-making, and facilitation of investors, businessmen and companies.
\nFederal ministers Khawaja Saad Rafiq, Azam Nazeer Tarar, Advisor Ahad Cheema and relevant authorities attended the meeting. Federal ministers Syed Naveed Qamar, Ishaq Dar, Ahsan Iqbal, SAPM Jahanzeb Khan and others joined via video link. <\/p>\n","protected":false},"excerpt":{"rendered":"
LAHORE Prime Minister Shehbaz Sharif on Wednesday constituted a high-level committee to work out the restructuring, reformation and revival of Pakistan International Airlines (PIA). PM Shehbaz Sharif chaired a high-level meeting to discuss the matters pertaining to the PIA. Under the leadership of Finance Minister Ishaq Dar, the committee would present its proposals and recommendations […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-340429","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"\n