State-owned Enterprises not Burden: A case study of Pakistan International Airline

Abstract

Despite covering a large share of the Pakistan aviation industry, Pakistan International Airline Corporation (PIAC) has been facing financial crises and losses for the past few years. The government subsidizes it every year for about Rs 456 billion. This study examined the operating revenue and operating expenses of the Pakistan International Airline Corporation (PIAC). The study finds that the performance of Pakistan International Airlines is affected by high employee burden, lack of management, political interference, poor services, corruption and human resource policies etc. The study suggests reforms in PIA, Public Private Partnership and Privatization of the PIA.