Pakistan TV Satellite

ISLAMABAD: Arif Habib, the founder of Arif Habib Group, has said Pakistan International Airlines&rsquo; (PIA) revival will focus on leveraging talented employees, international expertise, and strategic growth to restore the airline&rsquo;s success. Talking exclusively to Pakistan TV, Arif Habib said the revival of PIA represents a broader success for Pakistan, expressing confidence that the national carrier will regain its former stature. Arif Habib Consortium had won the bid by offering Rs135 billion for the 75% shares of Pakistan International Airlines Corporation Limited. The runner-up was Lucky Cement, which offered Rs134 billion but was outbid by the Arif Habib Consortium.&nbsp; The third group was the private airline Airblue, which exited in the first round after its offer of Rs26.5 billion fell below the reference price of Rs100 billion.&nbsp; Arif Habib recalled that PIA was once among the world&rsquo;s leading airlines and said the new management is committed to restoring its past glory. &ldquo;We have resolved to bring the airline back to its past success by fully utilising the potential of its employees and inducting new aircraft,&rdquo; Arif Habib said.<div class="fr-embed"><div class="twitter-tweet twitter-tweet-rendered" style="display: flex; max-width: 550px; width: 100%; margin-top: 10px; margin-bottom: 10px;"><iframe id="twitter-widget-0" scrolling="no" frameborder="0" allowtransparency="true" allowfullscreen="true" style="position: static; visibility: visible; width: 550px; height: 647px; display: block; flex-grow: 1;" title="X Post" src="https://platform.twitter.com/embed/Tweet.html?dnt=false&embedId=twitter-widget-0&features=eyJ0ZndfdGltZWxpbmVfbGlzdCI6eyJidWNrZXQiOltdLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X2ZvbGxvd2VyX2NvdW50X3N1bnNldCI6eyJidWNrZXQiOnRydWUsInZlcnNpb24iOm51bGx9LCJ0ZndfdHdlZXRfZWRpdF9iYWNrZW5kIjp7ImJ1Y2tldCI6Im9uIiwidmVyc2lvbiI6bnVsbH0sInRmd19yZWZzcmNfc2Vzc2lvbiI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfZm9zbnJfc29mdF9pbnRlcnZlbnRpb25zX2VuYWJsZWQiOnsiYnVja2V0Ijoib24iLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X21peGVkX21lZGlhXzE1ODk3Ijp7ImJ1Y2tldCI6InRyZWF0bWVudCIsInZlcnNpb24iOm51bGx9LCJ0ZndfZXhwZXJpbWVudHNfY29va2llX2V4cGlyYXRpb24iOnsiYnVja2V0IjoxMjA5NjAwLCJ2ZXJzaW9uIjpudWxsfSwidGZ3X3Nob3dfYmlyZHdhdGNoX3Bpdm90c19lbmFibGVkIjp7ImJ1Y2tldCI6Im9uIiwidmVyc2lvbiI6bnVsbH0sInRmd19kdXBsaWNhdGVfc2NyaWJlc190b19zZXR0aW5ncyI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfdXNlX3Byb2ZpbGVfaW1hZ2Vfc2hhcGVfZW5hYmxlZCI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9LCJ0ZndfdmlkZW9faGxzX2R5bmFtaWNfbWFuaWZlc3RzXzE1MDgyIjp7ImJ1Y2tldCI6InRydWVfYml0cmF0ZSIsInZlcnNpb24iOm51bGx9LCJ0ZndfbGVnYWN5X3RpbWVsaW5lX3N1bnNldCI6eyJidWNrZXQiOnRydWUsInZlcnNpb24iOm51bGx9LCJ0ZndfdHdlZXRfZWRpdF9mcm9udGVuZCI6eyJidWNrZXQiOiJvbiIsInZlcnNpb24iOm51bGx9fQ%3D%3D&frame=false&hideCard=false&hideThread=false&id=2003497952954966521&lang=en&origin=https%3A%2F%2Fmain.d1wrm1qseko1cp.amplifyapp.com%2Farticles%2F&sessionId=ede63cbbf93057ac7ee3deab83b0fd81dcb40a16&theme=light&widgetsVersion=2615f7e52b7e0%3A1702314776716&width=550px" data-tweet-id="2003497952954966521"></iframe></div>He said competent and high-performing employees would be given greater opportunities, adding that Pakistan had a large pool of talented professionals and the airline would benefit from them.</div> Referring to past experiences, he said privatisation efforts had previously led to additional employment, as when a business grew, it required more staff. He also said international advisers would be engaged to support the turnaround process to ensure sustainable growth and long-term success for the airline.

SAT News Desk

Says airline's competent and high-performing employees would be given greater opportunities.

Articles tagged with "Arif Habib Group"

PIA revival to ride on talent, global expertise and strategic growth: Arif Habib

PIA revival to ride on talent, global expertise and strategic growth: Arif Habib