Search

x
Join our whatsapp channel for News Updates

PIA Chairman Azam Saigol resigns

11:14 PM | 12 Dec, 2016
PIA Chairman Azam Saigol resigns
ISLAMABAD - Pakistan International Airlines (PIA) Chairman Azam Saigol has resigned from his post citing 'personal reasons', a PIA spokesman has confirmed.



"Mr Saigol,  since his appointment, was working on pro bono basis (without salary and perks)", the spokesman added.

Although Mr Saigol has cited personal reasons for the move, sources say he was under pressure to step down after a PIA ATR-42 aircraft crashed into the hillside near Havelian area of district Abbottabad, killing all 42 passengers and five crew members on board.

Following the crash, the national flag-carrier has been under intense scrutiny following speculation that the airline does not follow international safety standards and procedures.

It is pertinent to mention here that the PIA chairman, speaking at a news conference hours after the crash, had contended that the ATR plane involved in the crash was fit to fly.

 Saigol is a well-known industrialist of the country, with vast experience in handling big industrial concerns and corporations under his belt.


He has been part of PIA’s board of directors since 2013. The government had appointed Saigol as chairman of the national flag carrier in May 2016.


Following the horrific crash of PK-661 on Wednesday, Pakistan International Airlines has decided to ground all ten remaining ATR aircraft in its fleet, pending further examination in a bid to avoid any mishap in the future.

The statement said the "temporary suspension of ATR operation" will affect PIA's flights to smaller airports such as Gwadar, Turbat, Panjgur, Mohenjo Daro, Zhob, Bahawalpur, Dera Ghazi Khan, Chitral and Gilgit. "Passengers are strongly advised to check the status of their flights from PIA Call Center at 111-786-786. Inconvenience is regretted", Danyal Gillani explained. 


 

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

Advertisement

Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter