PIA Awards Staff Bonus Following First Board Meeting Under Private Management
In a significant move to boost morale, Pakistan International Airlines (PIA) has announced a one-month basic salary bonus for its employees. This decision, reached during the 102nd board meeting, marks the first major policy shift under the airline's new private leadership. By rewarding its dedicated workforce, management aims to foster a more motivated team as the company embarks on an ambitious journey toward operational restructuring and future growth.
This development follows the landmark privatization of the national carrier, which saw a consortium led by Arif Habib Corporation acquire the airline in a deal worth Rs180 billion. With a fresh capital injection of Rs125 billion earmarked for fleet renewal, service improvements, and network expansion, the new owners are clearly signaling a departure from the financial turbulence that plagued the airline for years. As part of the sale terms, existing staff contracts are protected for at least a year, and this initial bonus serves as a strategic step in stabilizing the organization during this high-stakes transition.