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It’s an age-old dilemma: the national flag carrier can only be sold if it shows some sign of recovery but why sell if it

KARACHI: The Federal Investigation Agency on Monday registered a case against three former top officials of the Pakistan International Airlines, including two of its chairmen, and arrested a former director on charges of causing a loss of over Rs1 billion to the national exchequer. FIA Sindh Director Amir Farooqi told Dawn that former PIA chairmen Nasser Jaffer and Irfan Elahi and then acting CEO Bernd Hildenbrand were booked in the case in which then director engineering Maqsood Ahmed was also arrested. “They caused a loss of Rs1.25 billion and made advance payments for upgrade of busines...

The Federal Investigation Agency (FIA) initiated an inquiry into PIA's state of affairs under the directions of the Supreme Court, which had ordered a special audit of the airline in 2018. — AFP/File The Federal Investigation Agency (FIA) on Monday registered a case against two former chairmen of Pakistan International Airlines (PIA), a former acting CEO, and arrested a former director of the national airline on charges of causing losses of over Rs1 billion to the exchequer. FIA Sindh Director Amir Farooqi told Dawn the investigative body had registered a case against PIA ex-chairmen Nass...

Federal Investigation Agency (FIA) on Monday registered a case against two former chairmen of the Pakistan International Airlines (PIA)

This file photo shows former adviser on aviation in ex-prime minister Nawaz Sharif’s government Shujaat Azeem. - INP/File ISLAMABAD: Former adviser on aviation in ex-prime minister Nawaz Sharif’s government Shujaat Azeem on Wednesday rejected as baseless the allegations levelled by Aviation Minister Ghulam Sarwar about kickbacks in the leasing of the Pakistan International Airlines (PIA) aircraft that had recently been seized in Malaysia. The ex-adviser, when contacted, said he was in charge of the aviation division but the day-to-day affairs and actual running of PIA were managed by the ...