PIA applied cut in salaries to avoid layoffs: CEO Arshad Malik.

ISLAMABAD -- Pakistan International Airlines (PIA) Chief Executive Officer Air Marshal Arshad Malik has said that the national flag carrier applied 'across-the-board cut' in salaries of officers and pilots to avoid layoffs, media reported.

In a letter to Pakistan Airlines Pilots' Association (PALPA) secretary, Arshad Malik said that COVID-19 pandemic is the most challenging time for airlines industry and the situation is historically unparalleled as airline across the world are going bankrupt and thousands of airline workers are being laid off.

He maintained that PIA was operation only 10 percent of pre-COVID operations and in these circumstances, the survival of the airline will be prohibitively expensive.

'Our...