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PIA PRIVATISATION
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 national airline hopes to resume Europe flights soon after regulator lifts banPakistan International Airlines (PIA) plans to restart flights to Europe and the UK soon after the EU aviation regulator lifted the ban. PI...
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...
Pakistan's Punjab Govt shows bidding interest in PIA, considers launching 'Air Punjab'The Punjab govt, led by Chief Minister Maryam Nawaz, is considering either purchasing Pakistan International Airlines (PIA) or establishing...
Pakistan's effort to privatise national airline gets sole bidder offering lower than govt-set minimum pricePakistan's attempt to privatise Pakistan International Airlines drew minimal interest. Only Blue World City made a bid of Rs 10 billion for...
Privatisation of Pakistan International Airlines schedule for early August: ReportsIn the upcoming privatisation of Pakistan International Airlines, Finance Minister Muhammad Aurangzeb and Coordinator to Prime Minister Sha...
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)...
Pakistan election panel halts national carrier PIA's privatisation - DawnPakistan, in deep economic crisis, agreed in June to overhaul loss-making state-owned enterprises under a deal with the International Monet...
Pakistan International Airlines on verge of shutdown as 537 flights cancelled in 11 daysPIA is facing its worst crisis in history as Pakistan State Oil (PSO) has cut its fuel supply over unpaid dues. The move forced the airline...
Pakistan to privatise loss-making national airline; govt plans to outsource airport operations in line with IMF dealThe committee also backed the hiring of a financial adviser to process the transaction of Roosevelt Hotel, New York, an asset of the PIAInv...
Pakistan parliament passes bill to convert PIA into pubic companyPakistan's ailing flag carrier PIA would be converted into a public limited company after parliament today unanimously passed a bill, weeks...
Pakistan parliament to clear decks for privatisation of PIAFlight operations of PIA were suspended for over a week last month due to a countrywide strike by its employees against the planned privati...
PIA flights cancelled, employees' strike enters second dayPIA has been running into losses for years and government says it was not possible to turn around it with the current system of management.
Pakistan delays privatisation of its national flag carrier after protestsLabour union and pilots' organisation joined hands against the government decision to sell off limited shares of PIA with management contro...
Pakistan plans privatisation of PIA as part of deal with IMFPakistan will privatise PIA, its loss-making national carrier as part of a deal with the IMF which is pushing the country to get rid of the...
Pakistan to privatise 31 entities to meet IMF bailout clausePakistan has decided to sell at least 26 per cent shares of 31 state-owned entities, including PIA and Pakistan Railways.