Airline

PIA to make 3000 redundancies

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PIA to make 3000 redundancies

Pakistan International Airlines (PIA) is set to lay off 3,000 employees and sell its non-core assets to reduce its debt burden and restructure the airline. PIA debt stood at Rs360 billion (US$2.2 billion) as of June 30, 2018 - the latest publicly disclosed figures for the airline. PIA has been accus...

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