#Pakistan International Airlines selects former #Ethiopian Airlines CEO Tewolde Gebremariam to lead post-privatization turnaround
Pakistan International Airlines (#PIA) has selected former Ethiopian Airlines Group Chief Executive Officer Tewolde Gebremariam as its new CEO following the airline’s privatization and transfer of management control to a consortium led by Arif Habib Group. The appointment is expected to spearhead efforts to revive the loss-making national carrier through fleet modernization, network expansion, and operational reforms backed by fresh investment.
Bloomberg previously reported that Tewolde had been shortlisted for the role, citing a person familiar with the matter, with a formal announcement expected after the completion of required procedures. Arab News reported that the airline is withholding an official announcement until security clearances are finalized.
Quoting unnamed sources, Arab News said a senior PIA official confirmed that the airline “would not announce his name until all the security clearances are completed,” while a major shareholder described Tewolde as “a very capable person” who “has done a lot of turnarounds.”
Tewolde served as Group CEO of Ethiopian Airlines from 2011 until his early retirement in March 2022. During his tenure, he oversaw the carrier’s transformation into Africa’s largest airline through major fleet expansion, route growth, and the development of Addis Abeba as a continental aviation hub. He stepped down citing health concerns, stating that he had been dealing with medical issues for nearly a year and had undergone treatment in the United States for several months, making it difficult to provide the level of on-site leadership required for the position.
His expected appointment is widely viewed as a strategic move to restore PIA’s financial and operational performance following its privatization.
Gold and silver prices are holding below key thresholds as hawkish central banks and inflation fears weigh on the metals — and market watchers see little chance of a meaningful rebound in the near term.
Spot gold was last seen 0.5% lower at around 4:00 a.m. ET on Thursday, trading at around $3,980.79 an ounce after falling below the $4,000 mark in the previous session. Front-month U.S. gold futures
were down by 0.2% to settle at $3986.60. Year-to-date, gold is now down by 7.7%.
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🇪🇹 This Ethiopian king is serving looks so hard, Balenciaga probably has 1,000 missed calls begging him to model
👇 The young African talent's videos are gathering millions of views in just days.
Arab Sudanese Islamists terrorize a Christian mother and her three children.
The mother and her children were murdered after this video was taken.
First they terrorized her while they filmed it. Then they slaughtered her in cold blood.
Islamist militants are killing women and children and terrorizing civilians. It is so heartbreaking to see loud voices on social media stay silent.
Those who have been lecturing us on “genocide” for the past two years are suddenly out of words.
People booed Donald Trump and shouted 'No more wars' when U.S. Senator Bernie Sanders read out Trump's statement about the U.S. attack on Iranian nuclear sites
Follow https://t.co/B3zXG73Jym
“Kill me, the war won’t end.”
— Ayatollah Khamenei
“I’m old, my body is weak. But this fight isn’t mine — it belongs to Iran’s youth. You’re not fighting a man, but a nation defending its dignity.”
The West fears an Iran with power, not because it threatens peace —
But because it threatens their monopoly on it.
@realDonaldTrump ❗️Iran has only launched ‘warnings’ so far, ‘PUNITIVE’ attacks are next – Army chief
US is a paper Tiger with a bunch of outdated nuclear war heads
Thank you, but this type of messages requires a follow thru ACTION.
As we repeatedly plea, the political unsettlement in #Tigray & overall in #Ethiopia; is caused by not implementing the #CoHA fully.
The longer it takes to implement, it is highly likely resulted another bloody war.
Please put a timeframe for the implementation & enforce it.
👇