Key Highlights:

1. PIA Pilots’ Salaries and Incentives Soar: Amid the ongoing privatization of Pakistan International Airlines (PIA) and a mounting circular debt, the airline is paying its pilots a staggering Rs430 million monthly. This figure includes salaries and generous incentives.
2. Diverse Pay Structure: A recent report reveals that PIA’s 313 pilots, split between permanent and contract positions, receive significant financial benefits. Permanent pilots earn a monthly salary of Rs103,000 plus Rs1,200,000 in incentives, while their contract counterparts receive Rs114,000 in salary and Rs1,400,000 in incentives.
3. Perks and Controversies: Pilots enjoy additional perks, such as 45 discounted and interline tickets. However, the high salaries and benefits have sparked controversy, especially with recent revelations of foreign pilots earning more and allegations of tax evasion.

In the midst of Pakistan International Airlines (PIA) grappling with the financial strain of circular debt and privatization efforts, the airline’s pilots are experiencing a significant windfall. According to a recent report submitted to the National Assembly, PIA is shelling out an astonishing Rs430 million every month in salaries and incentives for its pilots. This revelation paints a vivid picture of the stark financial realities within the airline industry.

The report, shared by the public accounts committee, breaks down the compensation for PIA’s 313 pilots, who are a mix of 262 permanent staff and 51 contract-based pilots. Permanent pilots take home a monthly salary of Rs103,000, complemented by a substantial Rs1,200,000 in incentives and allowances. Contract pilots fare slightly better in terms of incentives, with their total compensation including a salary of Rs114,000 and incentives of Rs1,400,000.

But the perks don’t stop there. Pilots are also granted 45 discounted and interline tickets, adding another layer of benefit to their already generous compensation packages. Yet, amidst these lavish benefits, the report raises eyebrows, especially given the financial challenges PIA faces.

The issue of high salaries for local pilots has been further complicated by recent news of foreign pilots working for PIA. Earlier this year, it was disclosed that around 60 foreign pilots were on the payroll, receiving more attractive salaries compared to their local counterparts. This situation has led to allegations of $300,000 in tax evasion and rule violations. Skywings Aviation CEO Imran Aslam Khan has criticized the situation, suggesting that the pilots’ compensation may be in violation of regulations.

As PIA continues to navigate its privatization process, these financial revelations highlight the complex dynamics at play within the airline. The significant amounts paid to pilots, coupled with controversies surrounding foreign pilots, underscore the broader challenges facing PIA as it seeks to stabilize and reform its operations.