KARACHI: Pakistan International Airlines (PIA) has rejected all allegations of corruption and mismanagement and said the shareholders and members of the board of directors remain fully aware of the airline’s financial and operational situation.
“The approval of the five-year PIA Business Plan to turn around the Corporation by the Federal Government is a clear indication of the present management’s integrity and professional competence,” PIA said in a statement. “The present management consists of acclaimed professionals of the global aviation industry and is determined to not only root out corruption, but also to turn around the airline following correct business practices and official rules of business so that the corrupt elements may not find any escape route.”
It said the management continued to make sustained efforts by explaining the situation not only to the elected organs of the state, media, but also to the representatives of the PIA employees.
Last week PIA management invited associations of employees and on their suggestion decided to form an Advisory Committee for prevention of corruption comprising presidents of various associations and management representatives.
The PIA management also asked them to point out the cases of corruption in the organization so that the management could take action against the corrupt, but the associations requested the management to defer the committee till after new elections of these bodies.
Regarding the two leased Boeing 747s acquired for the Hajj operation, the statement said that these cost $7.1 million and that PIA had earned through these aircraft about $6.5 million and was expected to earn another $6.5 million which would make $13 million by the end of lease period on December 15.
“It is totally wrong that these two Boeing 747s on lease were ever offered to PIA for sale,” it said.
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