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AIRLINE INVESTMENT IN PAKISTAN
European shares muted as investors weigh U.S.-Iran talksEuropean markets showed little movement as investors weighed U.S.-Iran talks for progress on Strait of Hormuz shipping. Brent crude dipped ...
He used his airline to rescue refugees from Pakistan, donated 300 acres to India: Meet the Tamil Nadu Padma awardee who gave everything to the nationTamil Nadu industrialist Dr. R.M. Alagappa Chettiar, a visionary beyond business, utilized his private airline for crucial refugee rescue o...
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...
Hajj travel becomes costlier for pilgrims as Iran-US war disrupts Gulf air routesPilgrims heading to Saudi Arabia for Hajj face higher travel costs. Airfares and packages have risen significantly due to increased fuel pr...
The Abraham Accords: The boldest Middle East gamble in decades, did it actually work? Here's all about itAbraham Accords: Trump just called six Muslim nations to sign the Abraham Accords — live, out loud, tied to an Iran nuclear deal. Pakistan ...
Air India's challenges 'largely external', transformation a long game: Singapore Airlines CEOAir India's transformation is a long journey with no quick fixes, according to Singapore Airlines CEO Goh Choon Phong. The Indian carrier f...
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 ...
Tata Sons, Singapore Airlines discuss funding roadmap for Air India amid rising lossesTata Sons chief N Chandrasekaran and Singapore Airlines leader Goh Choon Phong joined forces to tackle Air India's pressing funding crisis....
US stocks today: S&P 500, Nasdaq jump over 1% on renewed hopes of US-Iran talks, earnings boostUS stocks rallied, with the S&P 500 and Nasdaq closing higher as investors grew hopeful over potential Middle East de-escalation and Iran t...
'Air India going through challenging time': N Chandrasekaran urges staff to focus on executionTata Group chairman N. Chandrasekaran acknowledged the aviation industry's turbulent period during an Air India employee town hall. He urge...
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...
Two CEOs' exits & crises in the skies: The turbulent year that tested India’s biggest airlinesAir India's CEO Campbell Wilson has stepped down following a year of operational, regulatory, and financial challenges, including a fatal c...
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...
Pakistan: PIA likely to be sold to a foreign government via SIFCPakistan International Airlines (PIA) may be sold to a foreign government after the Privatisation Commission rejected a Rs10 billion bid fr...
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...
Bidding for Pakistan's National Airline delayed to Oct 31: ReportBidding for Pakistan's national airline has been postponed to October 31 at the bidders' request for more preparation time. Six parties, in...
Pakistan pushes back deadline for expressions of interest to buy national airlineThe extension, announced in a statement by Minister for Investment and Privatisation Abdul Aleem Khan, came a day before the expressions of...
Banned in fake pilot scandal, Pakistan hopes to resume PIA flights to UK in next 3 monthsPIA flights to Europe and the UK were suspended after the European Union's Aviation Safety Agency (EASA) revoked the national carrier's aut...
- 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...