Globally acclaimed airline executive Officer Tewolde Gebremariam, tops shortlist for PIA's next CEO

According to a Bloomberg report citing sources familiar with the matter, the newly privatized Pakistan International Airlines (PIA) is expected to officially unveil its new chief executive in the near future.

The appointment, however, remains contingent on the completion of corporate approvals and legal formalities. Neither the airline nor Tewolde Gebremariam has issued an official statement regarding the reports.

The development follows the recent transfer of PIA's management to an Arif Habib-led consortium after the government's privatization of the national carrier.

The consortium is expected to prioritize restoring the airline's financial performance, strengthening its international presence and rebuilding its image after years of mounting losses and operational setbacks.

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Gebremariam is regarded as one of the aviation sector's most respected executives, having led Ethiopian Airlines through a decade of remarkable growth.

During his tenure from 2011 to 2022, the airline evolved into Africa's largest and most profitable carrier, significantly expanding its aircraft fleet, international destinations, passenger traffic and cargo operations.

His leadership transformed Ethiopian Airlines into a globally recognized aviation powerhouse while cementing Addis Ababa as a key international transit hub.

Industry analysts believe Gebremariam's proven track record could be pivotal to PIA's long-term recovery, with his expertise expected to support fleet modernization, improve operational efficiency and help the airline reclaim its position in the global aviation market.