PIA has introduced the VSS scheme after government approval which has benefited about 2000 people. In a PIA explanation on the voluntary scheme payments, the spokesperson said that the PIA introduced the scheme after government approval, which benefited about 2,000 people.
After cabinet approval, the finance ministry had released Rs 6.9 billion to the aviation ministry. The payments of this scheme were linked to the audit of the Accountant General. The PIA administration had expressed serious concerns over the possible delay in this process. A high-level meeting was held in this regard under the chairmanship of the Minister of Aviation. Important decisions were taken in which PIA set up a special account of National Bank of Pakistan in Karachi for remittances.
It was reported earlier that a lump sum of Rs.5 billion would be paid to as many as 2000 PIA employees enrolled for VSS Scheme. “The PIA Board’s plan said earlier that the national carrier has to reduce its employees up to 258 per aircraft. It also presented plans to exit from routes that are making losses,” Dr. Ishrat said. The aircraft to employees’ ratio of the national airline is far higher than any other airline, PIA spokesperson Abdullah Hafeez was quoted as saying by the publication.
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