Tuesday, June 2, 2020

PAeC laud efforts in putting national carrier on progress trajectory

Featured

5 killed and 4,400 arrested during the protest in America, unrest continues

At least 5 people were killed in the protests and unrest in most American cities for more than 6...

Adviser: Trump will not resort to federal authorities to reinforce the National Guard in the face of protests

Robert O'Brien, the US National Security Adviser, said today, Sunday, that the administration of US President Donald Trump will...

Video: A truck sweeps the crowds of protesters in American Minneapolis

Minnesota State Police arrested a truck driver who was driving too fast on a highway in Minneapolis amongst protesters,...
Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

President Pakistan Aerospace Council (PAeC) Dr Haroon Javed Qureshi said that PIA is a national identity for Pakistan, addressing the executive committee meeting held at Islamabad, he appreciated the efforts of Air Marshal Arshad Malik in putting the national carrier on progress trajectory path.

Marred with corruption, inefficiency, nepotism and irrational political appointments had put the national carrier in a state of misery accumulating billions of rupees losses every year. Turning around a sick organization is a daunting task, when signs of recovery are becoming visible, Air Marshal Arshad has been stopped from work on a misleading suit filed by the fake degree holder employees who were sacked on merit and others having vested interests to continue Status quo.

All the council executive members expressed serious concerns on reports regarding stopping the CEO from work and hoped that such nefarious elements would be brought to justice.

President PAeC explained that Air Marshal Arshad is a competent and thoroughbred professional. He introduced best management practices of merit and accountability which helped the airline to restore confidence and pride in its employees thereby twelve 777 and eleven A320 air crafts have been recovered during the past one year which were parked idle for spares and maintenance.

During this period, the revenue has increased by 41% and the best industry practices factor has increased from 20% to 82%. Cargo is one of the major revenues earning opportunity, which again has increased from 19% to 80%.

Air Marshal Arshad also restored huge sets of ground support equipment to save expenditure being paid to other agencies and also accounted for PIA properties lying abandoned or being used by different interest groups in Pakistan and abroad.

The PAeC executive committee hoped that immediate decision will be made in the interest of organization as well Pakistan to allow the competent and capable people to bring back the national institution to a well managed professional organization.

Read also: PIA rose domestic airfares by 90 percent

Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

Latest News

5 killed and 4,400 arrested during the protest in America, unrest continues

At least 5 people were killed in the protests and unrest in most American cities for more than 6...

Adviser: Trump will not resort to federal authorities to reinforce the National Guard in the face of protests

Robert O'Brien, the US National Security Adviser, said today, Sunday, that the administration of US President Donald Trump will not use its federal authority...

Video: A truck sweeps the crowds of protesters in American Minneapolis

Minnesota State Police arrested a truck driver who was driving too fast on a highway in Minneapolis amongst protesters, according to the "Russia Today"...

Venezuela raises petrol price for first time in 20 years

The Venezuelan President, Nicholas Maduro, announced today, Sunday, the raising of fuel prices, which until now was almost free, starting from June 1, and...

Coronavirus deaths in Latin America exceed 50 thousand

According to statistics, the number of deaths from the Coronavirus in Latin America exceeded 50,000 cases on Saturday, and that the infections were close...

Related News