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Pakistan approves funding to support flagship carrier PIA's voluntary retirement scheme

ISLAMABAD, Nov 17 (Reuters) - Pakistan said on Tuesday that it has approved cash funding to support its flagship carrier Pakistan International Airline’s planned voluntary retirement scheme.

The details of the plan and funding were not immediately available, but local media reported on Tuesday the airline was set to lay off as much as one-third of its workforce.

Reporting by Asif Shahzad, editing by Louise Heavens

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