A delegation of foreign experts will arrive in Pakistan on Monday (today) to devise a five-year corporate business plan for cash-strapped Pakistan International Airline (PIA).
According to reports, the four-member team is arriving in Pakistan on the invitation of Dr Ishat Hussain, advisor to Prime Minister (PM) Imran Khan on institutional reforms. They will stay in the country for 12 days to develop the plan for the national carrier.
The team will review the business model and also meet government officials at the finance ministry as well as the airline’s chief executive officer (CEO), Air Marshal Arshad Malik.
They will devise a business plan for the airline to make it profitable and sustainable. “We will be following the government’s directives on restructuring and reforms in the airline,” reports quoted them as saying.
It is pertinent to note that Dr Hussain is supervising the reforms in PIA. Back in November 2019, the airline had sought the services of a reputed international firm with extensive aviation consulting experience to prepare a five-year corporate business plan through a tender.
The objective was to revive PIA as a leading international airline, and enable it to play an important role in the country’s struggling economy.
