PIAA is headed for deeper losses this year, with the 9M CY13 - TopicsExpress

PIAA is headed for deeper losses this year, with the 9M CY13 losses already piled up to almost Rs32 billion. That is reflective of an ageing fleet, bloated workforce and politicised organisation culture. no improvements on big issues like aircraft utilization, fleet maintenance, flights’ frequency and punctuality, and optimum human resource. Meanwhile, the Federal Government has been pumping billions of taxpayer rupees just to enable the airline to keep operating as a going concern.

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