PAKISTAN INTERNATIONAL AIRLINES CORPORATION LIMITED

Pakistan International Airlines Corporation Limited

PIAA

PK0003401012

Airlines

End-of-day quote Pakistan S.E. Other stock markets 06:00:00 2024-04-17 pm EDT			5-day change	1st Jan Change
26.04 ^PKR	-1.40%		-1.92%	+269.36%

Apr. 03	Pakistan's benchmark share index hits record high, up 1.2%	RE
Apr. 02	Pakistan canvasses interest in purchase of stake in flag carrier	RE

Pakistan International Airlines : PM Imran gives PIA chief a week to submit airlines restructuring plan

July 11, 2020 at 11:31 am EDT

Prime Minister Imran Khan on Friday directed Pakistan International Airlines (PIA) Chief Executive Officer (CEO) Air Marshal Arshad Malik to expedite restructuring plan of the national flag carrier and to present to him a framework in a weeks time.

The prime minister asked him to undertake the restructuring in consultation with his Adviser on Institutional Reforms Dr Ishrat Hussain.

Air Marshal Arshad Malik briefed the premier regarding ongoing negotiations with European Union Aviation Safety Agency (EASA) to ensure PIA flight operations for Europe. The CEO also briefed the PM Imran regarding the restructuring of PIA so as to make it a profitable and leading airline.

The premier emphasised that the government was pursuing an across-the-board reforms agenda to make institutions efficient and service-oriented.

Latest news about Pakistan International Airlines Corporation Limited

Pakistan's benchmark share index hits record high, up 1.2%	Apr. 03	RE
Pakistan canvasses interest in purchase of stake in flag carrier	Apr. 02	RE
Pakistan International Airlines Announces New Board Appointments	Mar. 24	CI
Pakistan in for 'roller coaster' ride after parties strike deal	Feb. 21	RE
Pakistan cabinet approves national airlines' privatisation plan	Feb. 06	RE
Pakistan cabinet approves national airlines' privatisation plan	Feb. 06	RE
Pakistan election panel halts national carrier PIA's privatisation - Dawn	Feb. 05	RE
Pakistan election panel halts national carrier PIA's privatisation - Dawn	Feb. 05	RE
Ahead of election, Pakistan seals plan to sell national airline	Feb. 01	RE
Pakistan International Airlines Corporation Limited Announces Cessation of Navaid Hasib Malik as Director	Nov. 28	CI
Pakistan national carrier set to run more flights after credit line extended	23-10-30	RE
Pakistan approves $29 million financing for national airline	23-10-27	RE
Pakistan state airline says it has canceled 349 flights due to fuel row	23-10-26	RE
Pakistan to appoint adviser as it privatises money-losing national airline	23-10-10	RE
Pakistan International Airlines Corporation Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-31	CI
Pakistan International Airlines Corporation Limited Appoints AVM Muhammad Amir Hayat as Chief Executive Officer for One-Year Term	23-08-23	CI
Pakistan International Airlines Corporation Limited Appoints Asad Rehman Gilani as Director	23-08-20	CI
Stocks, FX crumble as weak China trade data bolster slowdown fears	23-08-08	RE
Pakistan to privatise loss-making national airline	23-08-07	RE
Pakistan International Airlines included in privatisation programme	23-08-07	RE
Pakistan hopes to resume PIA flights to UK in three months	23-07-21	RE
Pakistan International Airlines Corporation Limited Reports Earnings Results for the First Quarter Ended March 31, 2023	23-06-01	CI
Pakistan International Airlines Corporation Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-05-25	CI
Pakistan International Airlines Corporation Limited Appoints Rao Muhammad Imran as Company Secretary	23-02-22	CI
Pakistan International Airlines Corporation Limited Appoints Khalid Mahmood and Parveen Agha as Director	23-01-03	CI

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Company Profile

Pakistan International Airlines Corporation Limited is a Pakistan-based company that provides commercial air transportation services, which includes passenger, cargo, and postal carriage services. Other activities of the Company include the provision of engineering and allied services. Its business units include Cargo, Precision Engineering and Ground Handling. Cargo's offerings cover multiple domestic and international destinations and operate a fleet of B777s and A320s to carry freight to different destinations. Cargo transports a range of commodities across Pakistan as well as to several global destinations. Its Precision Engineering Complex (PEC) manufactures high precision parts for the aerospace industry and several other industries. The PEC includes investment casting, conventional and CNC machining, Optics, PCB, Electrical, Electronics and Composites. Its Ground handling services include passenger handling, ramp handling, cargo handling, and flight operations, among others.

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