Partial privatization of national airlines is expected to improve the services and effectively resolve major problems to ensure its survival in the competitive airlines industry. PM Nawaz advised the ministries to initiate the process in a remarkably transparent manner so the airlines can gain trust of both its customers and investors.
The privatization process is a part of IMF-agreement signed in exchange of additional loan this year. The premier has time and again reiterated that his government is determined to reforming and restructuring all ailing state enterprises, especially the transport industry. PM Nawaz warned PIA management to take all necessary measurements to eliminate ill-fated factors from the business. He directed the concerned authorities to focus on increasing operational efficiency, cut down unnecessary expenses and recruit qualified professionals instead of over hiring staff that does not meet the merit.