The PIA Holding Company Board of Directors has refused to approve the six-month financial report presented by the airline’s management due to concerns over its financial performance.
After a detailed review, the board expressed dissatisfaction with the report’s figures and raised several concerns regarding the administration’s handling of finances. As a result, the board instructed the management to revise and resubmit the financial details for further evaluation after the Eid holidays.
The decision underscores the board’s need for a more thorough review of the airline’s financial situation before granting approval.
