Boeing has announced that it will submit a revised proposal to Pakistan International Airlines (PIA) for the purchase of new aircraft, following a meeting with Federal Minister for Finance Muhammad Aurangzeb.

According to details, significant progress was made on the purchase of new aircraft for PIA during a high-level meeting between Finance Minister Muhammad Aurangzeb and Boeing President Dr Brendan Nelson.

The meeting included detailed discussions on the acquisition of new aircraft for PIA and the provision of technical support.

Boeing announced that it would provide PIA with a revised proposal for the purchase of new aircraft.

The two sides also agreed to explore options for the early delivery of new aircraft, as well as interim leasing arrangements until the new planes are delivered.

The meeting also discussed the possibility of financial support for PIA from the US Export-Import Bank.

Other matters discussed included the purchase of new aircraft engines, ensuring a smooth supply of spare parts, and the urgent repair, maintenance and operational restoration of grounded aircraft.

Earlier, PIA finalized the appointment of its new Chief Information Technology Officer (CIO) as part of the national carrier’s ongoing administrative reforms and restructuring process.

According to sources, the PIA management has completed the selection process for the key position, with the newly appointed chief IT officer expected to join the airline and assume responsibilities in September.

The appointment is part of a broader effort by PIA management to strengthen its organizational structure and improve operational and administrative efficiency through the induction of professionals in key positions.

Meanwhile, the process of appointing PIA’s new Chief Executive Officer (CEO) has also entered its final stage.

Sources said interviews with several industry professionals possessing extensive experience in commercial aviation have been completed for the top position. The airline is expected to formally announce the name of its new CEO soon.

The latest appointments are expected to play a key role in PIA’s ongoing restructuring efforts and its plans to enhance management, technology and operational capabilities.

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