Business

Lt Gen (Retd) Anwar Ali Hyder Appointed Chairman of Newly Privatized PIA

Lt Gen (retd) Anwar Ali Hyder has been appointed as the first Chairman of Pakistan International Airlines Corporation Limited (PIACL) following the transfer of management control to the Arif Habib Corporation-led consortium.

This is a bold and new chapter for the country’s flag carrier under private ownership.

The appointment was announced after the successful first financial closing of the PIA privatization transaction, through which the investor consortium officially assumed management control of the airline.

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Hyder, who also serves as the Managing Director of Fauji Foundation, will lead the board of the newly privatized airline as it embarks on an ambitious transformation plan backed by fresh private investment.

Addressing the occasion, Hyder said the airline’s ownership structure may have changed, but its responsibility towards the people of Pakistan remains unchanged.

He added that PIA would preserve its legacy while evolving into a modern, premium airline focused on improving passenger experience, expanding its network, and delivering operational excellence.

The appointment follows the completion of the first phase of the privatization transaction, under which the consortium made an initial payment to the government and injected fresh capital into PIACL to strengthen its finances, modernize its fleet, and support growth efforts.

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  • See, whether it is natinal or private, they dont have any capable Civilian to run PIA. What a pity....Arif Habib is the same category....feeding retired......

  • Ahhh yes lt gen . The most accomplished in airline tech and airports

    Can we make the local Chai wala as next caos. I heard he's really qualified

  • What is the relevance of a retired General appointment as chairman PIA with no commercial aviation or for that matter aviation experience. The solution of everything in this country is a highly paid General.

  • It would have been much much better if it was handed over to Emirates or Qatar airways to operate and manage it. These two airlines are the sky ruling airlines. They would have done much better as compared to these foujis who could not even bring Pakistan on it right track.

  • Habib sahib, pta nai app kya ho gya ya mat he mari gye jo 1 Matric bandy ky haath itna barra setup dy dya.

    Puchtio gy app, kuch he dino mein,

  • ProPakistani should do some research and publish the names of organizations and offices, public or private, headed by retired army men. Going by the content of the seven comments posted here by now (mine is 8th), it is clear that all readers have disapproved this and such other appointments that should otherwise have gone to competent civilians.

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Business Desk