Pakistan International Airlines (PIA) Chief Executive Officer Air Marshal Arshad Mahmood Malik has said that monthly operational losses of the national flag carrier have been cut to half. The CEO said that the losses have been brought down to Rs1.5 billion as compared to more than Rs3 billion suffered earlier. However, a lot more still needs to be done to deal with PIA’s liabilities.
PIA has a fleet of 31 aircraft, of which 23 were able to fly earlier. But “now 29 aircraft are in the air and only two are on the ground due to efforts of the PIA staff, particularly its engineering team”, said the CEO.
Source: Express Tribune
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