CEO PIA Air Marshal Arshad Malik Talks About PIA’s Performance During the Last Year - Android

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CEO PIA Air Marshal Arshad Malik Talks About PIA’s Performance During the Last Year - Android

41% increase in revenues, 5 points increase in seat factor and over 90% reliability of schedule. PIA has achieved unprecedented Read More

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Signs of improvement have started to appear in PIA in just one year’s time, though there are still many challenges ahead to overcome and many more new heights to achieve.

In a video message to the people of Pakistan, CEO PIA, Air Marshal Arshad Malik shared the future plans, achievements and challenges. He asked the Pakistani citizens to fly PIA and support PIA, as it is only when all of us give the national flag carrier our patronage that it will fly higher in the skies.

Highlighting the airline’s one year’s performance, he said that PIA’s revenue during the past six months had increased by 41 percent, seat factor also improved and was now between 80 to 84 percent which is considered a good performance indicator in the aviation industry.

The airline’s cargo space utilization increased from 20 percent to almost 80 percent. PIA also enhanced its engineering capabilities and now aircraft maintenance i.e. line maintenance and Check A can be performed at Lahore and Islamabad. This facility was previously only available at Karachi. This allows for better positioning of aircraft and maintenance which leads to cost savings.

He said two aircraft that were grounded since a long time, were made serviceable this year and now all Boeing 777s and A320 aircraft in PIA fleet are operational and contributing towards revenue generation. A proper aircraft spares inventory planning program, which was lacking before, has also been implemented in PIA that has reduced the aircraft downtime and improved serviceability of aircraft.

He said that the ground service equipment which plays an important role for any airline was left neglected in the past. The ground service equipment that was left as scrape has been overhauled utilizing the airline’s own resources thus saving millions which was given to other service agencies.