Top PIA officials announce voluntary cut in salaries amid losses.

KARACHI -- Amid losses sustained by national-flag carrier due to coronavirus pandemic, top officials of the Pakistan International Airlines (PIA) have announced a voluntary cut in their salaries, media reported.

According to details, all PIA operations within and outside the country remain suspended due to the global spread of virus.

Initially, Chief Operating Officer (CEO) of the PIA, Air Marshal Arshad Malik announced a voluntary cut of 20 percent from his salary due to the losses sustained by the airline.

Following his footsteps, the other officials also announced a cut in their salaries. The chief officers of the departments announced a 20 percent cut, followed by 15 percent cut from general managers' salaries, 10 percent from deputy general managers and eight percent from managers' salaries.

A PIA spokesman said that announcing voluntary cuts from their salaries will help the airline in overcoming its financial burden to an extent.

It is pertinent to...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT