some good news finally
Pakistan International Airlines (PIA) has selected former head of Ethiopian Airlines Tewolde Gebremariam as its new chief executive officer, two officials said on Saturday, as the former Pakistan state carrier seeks to revive its operations.
Under Tewolde's leadership, Ethiopian Airlines grew into Africa's largest carrier and provided a link to cities around the continent from its transit hub in Addis Ababa.
His appointment could boost Arif Habib Group-led consortium's bid to revive the struggling Pakistani airline, privatized in Dec. after accumulating over $2.8 billion in losses over the years.
Arab News reached out to Arif Habib, chairman of the Arif Habib Group, but he did not respond.
However, a well-placed PIA official confirmed that Tewolde has been selected to take the airline's helm.
"The PIA would not announce his name until all the security clearances are not completed," the official said, requesting anonymity as he was not authorized to speak to media.
A major PIA shareholder also confirmed the development to Arab News.
"He (Tewolde) has been hired. He is a very capable person and has done a lot of turnarounds," the shareholder said, declining to be named.
