There isn't a company like Pakistan International Airlines (PIA) – anywhere in the world. There isn’t a company that has accumulated liabilities of Rs830 billion and total assets of Rs171 billion – anywhere in the world. No other airline globally has such a significant disparity between its liabilities and assets. To put this in perspective, if these liabilities were equally distributed among Pakistan's estimated 35 million families (based on the 2023 census), it would translate to a burden of Rs24,000 per family.

There is no company quite like PIA anywhere in the world. Within the global aviation sector, PIA's profile is distinctly unique: operating with fewer than two dozen aircraft and employing 434 pilots. PIA has 500 employees per aircraft. In comparison, major airlines such as Emirates, Etihad, and Qatar Airways maintain significantly lower........

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