Skip to content
Subscriber Only

Airline With 14,000 Staff for 30 Planes to Cut Half Its Workforce

  • Pakistan carrier employs 14,000 people and has only 30 planes
  • Government promised to streamline airline after cash bailouts
Video player cover image
Budget Airlines Prep for Travel Rebound

Pakistan International Airlines Corp. will lay off half of its 14,000 employees, replace some of its fleet and permanently close loss-making routes in a bid to become profitable for the first time in more than a decade.

Pakistan’s cabinet approved the carrier’s restructuring, said Ishrat Hussain, an adviser to Prime Minister Imran Khan. It also requested to explore outsourcing management contract or sale of 26% stake in the airline after improving its balance sheet, he said.