PIA to Save Rs 8 Billion Annually as It Cuts Employee to Aircraft Ratio by 52%

[Fioril]

Interview of CEO PIA , Chief Commerical Officer and Afghanistan evacuation after 13:50.

 

[Falconless]

Hopefully this will make them profitable. If PIA can be run as a profit making business I think we benefit from keeping it. Very few people fly directly to Pakistan.
Just did a Google and they made a profit of 2.5 billion pkr last year. This annual saving is 3x its profits.

Legacy debts need to be written off next.

Has PIA inducted any new aircrafts in past 2-3 years ?

4 airbus A320s on lease

 

[Patriot forever]

With don't they just privatise the airline like other developed countries have it?

Why does every Government keep trying to bring this Frankenstein back to life?

The first step is to make it worth for privatisation. Who would buy a business which is bound to make loss on the first day. Dealing with the courts and labour unions of haramkhors is a bonus on top which will tie their hands further.

No one wanted it for free last time we tried.

Air Marshall is doing a fine job to make it a marketable proposal.

 

[PradoTLC]

Pakistan International Airlines (PIA) has significantly reduced its employee to aircraft ratio thanks to the ongoing structural and organizational reforms process.

Speaking in this regard, Chief Executive Officer (CEO) PIA, Air Marshal Arshad Malik, said that the national flag carrier has brought down its employee to aircraft ratio to 260 which stood at 550 in 2017. The move will enable PIA to save more than Rs. 8 billion on its annual wage bill.​

The employee to aircraft ratio of top airlines worldwide varies between 200 and 250. The addition of more aircraft in the fleet of PIA would bring down its employee to aircraft ratio to 220 this year.

Turkish Airlines has 329 aircraft in its fleet and 31,000 employees. Its aircraft-to-employee ratio is 94. Qatar Airways has 240 aircraft in its fleet and 32,000 employees making its aircraft-to-employee ratio 133. Etihad Airways has 102 aircraft in its fleet and 21,530 employees with an aircraft-to-employee ratio of 211. Emirates has an aircraft-to-employee ratio of 231 with 269 aircraft in its fleet and 62,000 employees.

No airline in the world with more than 14,500 employees with a deficit of Rs. 400 billion and liabilities of over Rs. 100 billion can become self-sustainable.

CEO PIA added that the national flag carrier had introduced a Voluntary Separation Scheme (VSS) worth Rs. 12.87 billion for its employees in September 2020 in a bid to cut down its expenses and bridge the annual deficit.

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Out of 14,500 employees of the PIA, around 2,000 have availed of the VSS. More than 800 employees were sacked on account of fake degrees while over 1,000 ghost employees were sent packing. Around 1,100 employees were fired for corruption.

PIA to Save Rs 8 Billion Annually as It Cuts Employee to Aircraft Ratio by 52%

Pakistan International Airlines (PIA) has significantly reduced its employee to aircraft ratio thanks to the ongoing structural and organizational reforms

propakistani.pk

PIA = the largest collection unemployable losers the world has ever seen....

 

[Falconless]

PIA = the largest collection unemployable losers the world has ever seen....

Pakistan Railways isn’t that far off

 

[bananarepublic]

Pakistan Railways isn’t that far off

Don't forget Audit board...
Even worse, at least railways and PIA take just their salaries

 

[S.Y.A]

Pakistan Railways isn’t that far off

you are forgetting about pakistan steel mills.
also, most of the civil service is useless. they are just glorified clerks and pencil pushers whose jobs need to be automated and they need to be kicked out of the govt bungalows on kanals of land.

 

[Falcon26]

220 is too high for a poor country like Pakistan. The number should be around 100 like other top airlines, and then sold. Government has to get out of the business of business.

 

[AZADPAKISTAN2009]

PIA lost money due to mainly free Travel perks

• Politicians travelling free on it
• Politicians family travelling free on it
• Politicians travelling with extended family to international tours
• Government Sector Employees taking free perks on PIA for local travels

Also Past goberments did not had any interest in making any thing profitable they were interested in road project to allocate project to contractor and take a 10-15% cut