LAHORE - The federal government has appointed Air Marshal Arshad Malik as new chairman of Pakistan International Airlines (PIA). Earlier Secretary Aviation Saqib Aziz was holding additional charge of the said office.

Spokesman for national carrier Mashhood Tajwar said that though Cabinet Division has taken the decision of the chairman but no written order has been received in airline office so far. Information Minister Fawad Chaudhry made the announcement in a press conference after attending a cabinet meeting chaired by the Prime Minister Imran Khan.

The information minister said that PIA is in a debt of Rs 406 billion and the national carrier is facing a debt of Rs 2 billion every month.

The prime minister expressed the confidence that the appointment of the Arshad Malik as chairman PIA will help airline to boost up its image at international level and bleeding airline would get rid of the financial losses.