The management of the PIA would be presenting various options to the Prime Minister. These include a plan aimed at reducing the losses of national flag carrier by Rs 400 million to Rs 500 million by the end of December 2013 and then to achieve the break even in a year's time if everything goes according to the plan.
They said that the PIA has been incurring around 3 billion losses which would be reduced to Rs 2.5 billion by the end-December 2013. Addition of some new planes to the fleet would also help achieve fuel efficiency. An official who requested anonymity said that management plan involves considerable reduction in losses by operating flights on profitable routes, inducting new planes and by checking pilferage in ticketing and catering. In reply to a question about the bailout package size, sources said it is not clear as yet about the bailout package. The Prime Minister would decide whether it should give the PIA business plan a chance or privatise it.