Feb 01, 2022 (Islamabad): World’s premium aviation consultancy agency, IATA Consultancy, presented a comprehensive business plan for the national flag carrier covering the period 2022 to 2026 to the Minister of Finance and Minister of Aviation, here on Tuesday. The business plan preparation was commissioned by Ministry of Finance last year consequent to the report by the ex-SAPM on Public Enterprises Reforms Dr. Ishrat Hussain to the Prime Minister and the federal cabinet. Dr. Ishrat’s report; which was also termed as a complete restructuring plan for Pakistan International Airlines (PIA) with the objective to not only turn around PIA towards profitability, but also converting it into an agile business unit, focused on its core operations. As the plan involved financial restructuring to the tune of hundreds of billions of rupees, the officials at the helms of finance ministry and the planning commission demanded a Business Plan prepared by an international consultant for PIA before committing to the huge amounts. ICAO lifts ban against PIA flights PIA aircraft manages safe landing amidst snowstorm The International Air Transport Agency’s (IATA) consultancy services were hired for that purpose, which after one year of spade work has developed a 5-year Corporate business transformation plan … Continue reading IATA Consultancy Presents PIA Business Plan 2022-26