In a significant development, the Pakistan Air Force (PAF) has decided to acquire the engineering and maintenance unit of Pakistan International Airlines (PIA) for Rs 6.5 billion. This strategic move comes as part of efforts to revitalize PIA’s operational framework and streamline its assets amidst ongoing financial challenges.
The PIA Engineering Unit, one of the most advanced aviation maintenance facilities in the region, offers a range of aircraft maintenance, repair, and overhaul (MRO) services. With PAF taking charge, the facility is expected to enhance its operational efficiency and bolster the country’s aviation capabilities.
Industry experts see this acquisition as a mutually beneficial move. PIA can focus on optimizing its core airline operations, while PAF gains access to state-of-the-art engineering infrastructure, potentially boosting its fleet’s readiness and maintenance standards.
The deal is seen as a step forward in addressing PIA’s mounting debts and aligning its resources more effectively. Further details on the operational transition are expected to be announced in the coming weeks.
