The issue of overstaffing and ghost employees has been one of the major reasons behind the deteriorating financial health of the Public Sector Enterprises (PSEs) of the country. The loss-making public sector entities are costing billions of rupees to the national exchequers every year.
The ruling PTI had made a commitment with the masses in its pre-election campaign that it will turn the loss-making PSEs into profitable after coming into power.
Addressing the issue of ghost employees is part of the strategy, under which the PIA has so far sacked 194 ghost employees as well as 73 cabin crew and seven pilots, who possessed fake degrees, in the last two month.
This information was shared by PIA Chairman Air Marshal Arshad Mahmood Malik with Prime Minister Imran Khan who was chairing a high-level meeting on PIA.
Arshad Malik briefed the meeting about the steps taken to revive and run the national carrier in a professional and organized manner.
The meeting was also informed about the measures taken for the eradication of corruption and mismanagement, reduction in the losses and improvement in services.
The Prime Minister was informed by the PIA chairman that the airline had been incurring a total loss of Rs. 414.3 billion, including Rs. 247 billion in loans, Rs. 144.7 billion arrears and Rs. 4 billion for payment of loans on a monthly installment basis, besides the payment of Rs. 1.5 billion as monthly interest.
Finance Minister Asad Umar, Minister for Privatisation and Aviation Mohammad Mian Soomro, Chief of Air Staff Air Chief Marshal Mujahid Anwar Khan, Senator Faisal Javed and other senior officials attended the meeting.
Prime Minister said that being the national flag carrier, PIA has been the country’s identity but due to the past mismanagement, corruption and vested interests, the airline is in a crisis.
The Prime Minister expressed satisfaction over the present management’s efforts and assured the government’s complete support in the revival of the national airlines by turning it into a profit-generating organization.
The PM directed the PIA chairman to finalize a comprehensive and complete business plan so that its losses could be netted.