Pakistan International Airlines (PIA) lost its market share drastically both on domestic and international routes between 2008 and 2017 as the number of its passengers declined. This was revealed in a special audit report on the accounts of the PIA submitted in Supreme Court of Pakistan. The report suggested that 5.6 million passengers travelled by the PIA in 2008, but this number fell to 5.48m in 2016, while the market grew manifold during this period. The audit team observed a number of irregularities in the leasing of aircraft that increased after 2007. Those responsible did no due diligence/preparation of feasibilities showing no commercial, financial and engineering viabilities.
Earlier, another report submitted by the Auditor General of Pakistan had blamed the absence of professional and experienced leadership for the present state of affairs of the national carrier, regretting that “it was being run like a non-business entity”.