Tuesday, January 28, 2020

PAeC laud efforts in putting national carrier on progress trajectory

Featured

World mourns basketball legend Kobe Bryant

The sports world is in shock. Former basketball superstar Kobe Bryant was killed in a helicopter crash in California...

Coronavirus: 52 dead and 129 severe cases with 15 countries confirms infection

The number of victims of the Coronavirus outbreak today reached 52 deaths, while more than 1,372 people have been...

Corona virus can trigger next pandemic, after swine flu

World Health Organization (WHO) reported at least two new outbreaks with Corona virus that could have serious consequences for...
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

Germany confirms first infection with deadly Corona virus

The health authorities in Germany announced the registration of the first confirmed infection with the new Corona virus, noting...

Brazil: Rains kill 54 people, more than 30,000 displaced

The rains forced more than 30,000 people to displace in southeast Brazil, while the rains claimed 54 lives and left 18 others missing. Storms...

China announces rise in death toll from corona virus to 106 people

China said Tuesday that the death toll from the Corona virus has risen to 106. The national health commission said in a statement that...

Taliban claims shooting down US military aircraft in Ghazni province

Taliban claimed to have shot down a US military aircraft in Ghazni killing all passengers. "The plane, which is under investigation, was shot down...

World mourns basketball legend Kobe Bryant

The sports world is in shock. Former basketball superstar Kobe Bryant was killed in a helicopter crash in California on Sunday. The Mayor of...

Related News