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PAKISTAN AIRLINE SALE
Aditya Shah favors domestic growth themes, stays bullish on IT and infrastructure sectorAditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure opportunities, favoring players lik...
US-Iran truce deal awaits Trump as strikes test ceasefireUS and Iranian negotiators edged toward a deal to extend their fragile ceasefire for 60 days, but the potential breakthrough was still hang...
Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
Iran to reopen airspace in phased "four-stage" plan following regional conflictCiting the deputy director of Iran's Civil Aviation Organisation, the report indicates that flight operations will resume in a graduated ma...
5 world market themes for the week aheadMarkets are optimistic as U.S. President Trump signals an end to the Iran war. Talks may resume soon. However, upcoming economic data could...
US Stock Market: Wall Street ends sharply higher on US-Iran ceasefireGlobal markets rallied sharply as a two-week ceasefire between the United States and Iran was announced. This agreement eased fears of oil ...
US stocks today: Dow Jones surges 1,300 points, S&P, Nasdaq 2% on U.S.-Iran ceasefireWorld markets experienced a dramatic uplift as the U.S. and Iran cemented a two-week ceasefire, alleviating concerns over inflation and vol...
Air India CEO Campbell Wilson resigns after Ahmedabad crash, airspace closure trouble Tata-owned carrierAir India CEO Campbell Wilson has resigned. The Tata-owned airline faces mounting losses. Projections show significant financial challenges...
Pakistan sells loss-making PIA for Rs 135 billion after competitive biddingPakistan has sold its national airline, PIA. The privatization process concluded with a sale price of Rs 135 billion. A consortium led by A...
Bankrupt Pakistan is trying to sell PIA again after no buyer last year; Asim Munir-backed Fauji Foundation also in the racePIA Privatisation: Pakistan plans to sell its national airline, PIA, through a live bidding process on December 23. This privatization is a...
Pak authorities make fresh effort to sell cash-strapped PIAPakistan is making another attempt to privatise Pakistan International Airlines (PIA) after a failed effort last year. The Privatisation Co...
Pakistan's national airline posts first annual profit in two decadesPakistan International Airlines (PIA) has reported its first annual profit in over two decades, achieving PKR 9.3 billion in operating prof...
Oversees Pakistani group Al Nihang offers to acquire debtridden Pakistan's national airlinesAl-Nihang, a Pakistani group based overseas, has submitted a bid of PKR 100 billion to acquire Pakistan International Airlines (PIA). The o...
Pakistan approves plan to sell PIA airline on eve of electionPakistan's caretaker cabinet has granted approval for the privatisation of the financially struggling Pakistan International Airlines (PIA)...
Foreign airlines struggle to repatriate dollars from crisis-hit Pakistan: ReportAlthough the airline said that the decision was part of its plan to revamp operations, the Financial Times, citing a person familiar with t...
PIA to suspend Mumbai-Karachi flight from May 11Pakistan International Airlines, in a communication to authorities concerned, has said that its Karachi-Mumbai flight will not be open for ...
- Pakistan Airlines to buy five Boeing airplanes worth $1.5 billion
Pakistan's national career has placed a firm order for five 777-300ER Boeing airplanes valued at nearly USD 1.5 billion at list prices, the...
- Cathay rejects Pakistan plane scam allegations
Cathay Pacific on Friday rejected allegations it provided millions of dollars in kickbacks to an official of Pakistan's flag carrier during...