Provinces welcome to bid for PIA ownership: Privatisation minister
Nov 3, 2024 · Cash-strapped Pakistan aims to sell a 51-100% stake in PIA to generate funds and reform state-owned enterprises as part of a $7 billion International Monetary Fund program. The Privatisation Commission requested that the bidder meet the minimum price.
Govt to Issue EOI for PIA Privatization This Month - ProPakistani
3 days ago · The federal government is set to issue an Expression of Interest (EOI) for Pakistan International Airlines (PIA) this month. Potential buyers will be offered a clean balance sheet and exempted ...
Federal Cabinet approves restructuring of PIA – Balochistan 24 …
Feb 7, 2024 · The Federal Cabinet on Tuesday approved the restructuring of Pakistan International Airlines (PIA) on the recommendation of the Privatization Division. The cabinet, in its previous meeting approved the appointment of a financial advisor for financial and administrative restructuring of the airlines.
Minister hints at PIA privatisation with zero liability
Nov 4, 2024 · LAHORE: Federal Privatisation Minister Abdul Aleem Khan has hinted at selling Pakistan International Airlines (PIA) to a private buyer with zero liabilities.
Sell-off fiasco fails to dent PIA privatisation plan - The Express …
Nov 4, 2024 · The government's first serious attempt to privatize PIA fell through on Thursday when the sole bidder offered a final price of Rs10 billion for a 60% stake in the national carrier, significantly ...
Pakistani ministry rejects sole bid for PIA privatisation
Nov 13, 2024 · Pakistan has rejected the sole bid for a stake in national carrier Pakistan International Airlines (PIA), the privitisation ministry said in a statement on Wednesday.
PIA privatisation: Commission ready for second attempt at sell-off
3 days ago · The privatisation commission (PC) has announced that it is "fully prepared" for a second attempt at privatising Pakistan International Airlines (PIA), with several returning bidders and parties ...
PIA to increase flights from Quetta to Jeddah - Pakistan - DAWN.COM
Dec 17, 2024 · QUETTA: The general manager of PIA, Balochistan, Lodhi Muhammad Sadiq, said on Monday that the national carrier will launch more direct flights between Quetta and Jeddah and plans are in...
Pakistan’s PIA to resume flights to Europe in January after EU …
Dec 5, 2024 · ISLAMABAD: Pakistan’s state-run airline is preparing to resume direct flights to European countries early next month, officials said Thursday, days after the European Union’s aviation...
Pakistan compares failed PIA privatization bid to Air India, saying …
Nov 18, 2024 · ISLAMABAD: Pakistan’s privatization chief Abdul Aleem Khan on Monday defended a recent failed bid to sell loss-making national carrier, Pakistan International Airlines by comparing it to Air...