National
Air Marshal Arshad Mahmood Malik made PIA chairman
The federal government has appointed Vice Chief of Air Staff Air Marshal Arshad Mahmood Malik as the chairman of Pakistan International Airlines (PIA), Information Minister Fawad Chaudhry announced Thursday.
By Web Desk
Published October 11, 2018
ISLAMABAD: The federal government has announced the appointment of Vice Chief of Air Staff Air Marshal Arshad Mahmood Malik as the new chairman of cash-strapped Pakistan International Airlines (PIA).
"PIA is already under a heavy debt of Rs406 billion," Information Minister Fawwad Chauhdry told media persons after a meeting of the federal cabinet which was chaired by Prime Minister Imran Khan on Thursday.
Advertisement
The national flag carrier is facing a further monthly loss of Rs2 billion, he said.
The information minister said that the new chairman has been directed to "immediately fix the airline's economic woes.
In addition, he said Aoun Abbas has been appointed as chairman of Baitul Maal.
Share this story:
-
Punjab by-polls: Notices served on minister, SAPM for ‘violating’ election code of conduct -
27th Amendment empowers FCC to hear all constitutional cases: minister -
JF-17 attracts strong attention at Dubai Airshow as friendly country inks procurement MoU -
US lawmakers laud Punjab govt's initiative to modernise brick-kiln -
Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR -
MQM-P calls for new province in Sindh -
US report validates Pakistan military edge over India: PM -
Banned TTP poses serious threat to Pakistan security: UNSC panel
