PIA's long term soluion is simple
- 30 Group Consulting group managers who develop a plan to reverse the course of Airline
- Government returns back to policy of Protecting Pakistani Airspace for PIA for international flights, the policy was changed when PIA had shortage of planes
At one time Government failed to approve request for new plane purchase and that started a chain reaction of PIA having shortages . To copensate Government later opened Pakistan's air space for other companies to enter and pick up travellers.
Even after PIA ordered new planes , this policy was never reversed
All international carriers should be given certain
% of allowed qouta to fly into country
1% for international carriers and
99% for PIA
> Better tracking of Money coming into company and expense month to month basis
PIA Engineeing - Irreplacable
PIA Pilot Training - Irreplacable
PIA Crew Training - Irreplacable
The issue with respect to the Money that is managable , with
correct Management
The Astronomical figures of Losses by PIA are actually quite shocking becasue PIA planes are always full.
Only money Laundering is the one way , the company profits have been stolen is my own personal view
a) Planes are always running full
b) Booking flight is difficult with out a Travel Agent
c) Always you see flights are pre booked
So all flights are running 80-99% capacity
The expenses shown by
PIA should be audited i.e actually somone sits down to calculate fuel cost purchased and the prices they show in their
Balance sheet
- Issuance of Free Tickets for Politicians should be cancelled they need to purchase a ticket , similarly no politician's family or relavtive should be given free ticket
It is unimaginable why a airline would be unprofitable
Income
- Ticket sales
- Duty Free Purchase on planes
- Baggage bonus sales
- Freight (Carrying Delivery Packages )
- Business Tickets / Incentives for Business
Expenses (Manigable items)
- Fuel Cost can be reduced with special agreements with firms for discount (Government failiure or Management failiure)
- People's salaries
- Free Tickets for Jati Umra or their extended family