Pakistan Airways launched to control PIA financial losses: Rasheed
The Minister said the new airline has been set up on the advice of aviation experts to support PIA, as it is a common practice worldwide to save sinking firms because of losses, reported the Radio Pakistan.
Pakistan Airways, a new organization, was registered as subsidiary of the Pakistan International Airlines on Saturday.
In a statement, PIA Spokesman Danyal Gillani said the initiative will help improve the service standard and image of the national airlines.
Pakistan International Airlines (PIA) employees on Feb 9 ended their nine-day long strike spurred by plans to privatise the national carrier, saying their representatives would immediately hold talks with the government.
Pakistan’s airports had been enmeshed in chaos nationwide since the strike kicked off that grounded international and domestic flights and left thousands of passengers stranded.