ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered Pakistan Airways as subsidiary of Pakistan International Airlines (PIA).
The subsidiary was registered with the aim to improve the service standards of the national-flag carrier.
“Reference media queries, please note that Pakistan Airways has been registered as a premium service subsidiary of PIA,” spokesperson Danyal Gillani said in a statement.
“This would help improve the service standard and image of the national airline,” the spokesperson added. The national flag carrier had earlier been transformed into a limited company instead of a corporation.
