PIA Holding Company Limited (PIAHCL)
Semi-Government
PIA Holding Company Limited (PIAHCL) is a special purpose vehicle (SPV) established by the Government of Pakistan in 2024. Its formation is part of the strategic restructuring and privatization plan for Pakistan International Airlines (PIA). PIAHCL’s primary function is to acquire and manage non-core assets, liabilities, and historical debt of PIA, thereby separating them from the core airline business (PIACL) to facilitate its privatization.
PIA Head Office, Jinnah International Airport, Karachi, Pakistan
https://piahcl.com.pk/careers.html
Contact:
Head Office | 0092 21 9904 0000
Investor Relations | 0092 21 9904 4646, 0092 21 9904 4947
Open Jobs: 1
Does PIA Holding Company Limited offer direct job opportunities, separate from Pakistan International Airlines?
As a restructuring entity and special purpose vehicle (SPV) primarily focused on asset management and debt separation, PIAHCL generally does not advertise job vacancies to the public. Employment matters and staffing are typically handled through the operational wing, Pakistan International Airlines Corporation Limited (PIACL), or through specific internal transfers during the restructuring process.
What happens to employees whose positions or departments are transferred to PIA Holding Company Limited during the restructuring process?
According to the restructuring plan, employees working in non-core functions or departments whose assets are transferred to PIAHCL are placed under the new entity. The restructuring aims to ensure continuity of employment during the transition phase, with specific terms and conditions governed by government policy and the restructuring framework for PIA.