The inaugural assembly of the board of the newly fashioned Pakistan Worldwide Airways (PIA) Holding Firm was held right now on the workplace of the Secretary Aviation, marking the official begin of the corporate’s operations.
Based on the PIA spokesperson, the federal authorities initiated the formation of the PIA Holding Firm on March 20, 2024, and likewise nominated its board of administrators final week.
Former Governor State Financial institution and former Federal Secretary Finance Tariq Bajwa was appointed because the Chairman of this committee. Present CEO PIA Air Vice Marshal Amir Hayat would be the first CEO of this new firm.
The scheme of association concerning the privatization of PIA was additionally authorized within the PIA Holding Firm assembly chaired by the brand new chairman.
It ought to be famous that this Scheme of Association has already been authorized by the Federal Cupboard and the PIACL Board.
Based on the spokesperson of PIA, the board had an in depth dialogue on numerous vital points associated to the corporate, by which choices associated to the group of the holding firm have been additionally taken.
