Inside Financial Markets

PIA Financial Performance Reviewed

PIAfinancial performance reviewed Islamabad: August 29, 2015 Finance Minister, Senator Mohammad Ishaq Dar, here on Saturday chaired a high level meeting to review financial performance of Pakistan International Airlines (PIA) in the light of the steps taken by the new management and the drop in oil prices.

ishaq-dar-300x234The Minister appreciated that 88% of PIA’s flights were now on time and that operational losses had been turned into operational profit through dedicated efforts. The Minister lauded PIA’s performance and advised the PIA authorities to keep up the spirit of work in future also. He said that as national flag carrier it was expected of PIA to ensure quality travel and cargo services. He said the government would support all efforts aimed at improvement in PIA’s services.

SAPM on Aviation, Capt Shujaat Azim, Secretary Finance Dr. Waqar Masood Khan and other senior officials of the Ministry of Finance, Aviation Division and PIA were present in the meeting

Baqar Hussain

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)