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PIA privatisation: Consortiums to ‘visit’ airline’s HQ next week

KARACHI: The federal government has accelerated the privatisation process of Pakistan International Airlines (PIA), with four shortlisted consortiums set to visit the airline’s headquarters...

PIA privatisation to ‘complete’ by THIS month

ISLAMABAD: The privatisation of Pakistan International Airline (PIA) is likely to complete by November 2025, ARY News reported citing sources. According to source, the government...

Pakistan to miss IMF deadline for PIA privatisation, says adviser

ISLAMABAD: Pakistan will miss its July 2025 deadline set by the International Monetary Fund (IMF) for the privatisation of Pakistan International Airlines (PIA), ARY...

PIA privatisation: Government confident of better bid offers 

ISLAMABAD: Law Minister Azam Nazeer Tarar Thursday said the Pakistan government is confident of better bids for the Pakistan International Airlines (PIA) privatisation in...

SC revokes orders against PIA privatisation

ISLAMABAD: The Supreme Court (SC) Thursday revoked orders against privatisation of Pakistan International Airlines (PIA). SC constitutional bench headed by Justice Amin-ud-Din heard the plea....

Govt pushes for PIA privatisation through G2G agreements

ISLAMABAD: The government of Pakistan is intensifying efforts for Pakistan International Airlines (PIA) privatisation through a government-to-government (G2G) agreement, with a targeted deadline of...

PIA privatisation: Khyber Pakhtunkhwa govt ‘willing’ to make highest bid

PESHAWAR: The Khyber Pakhtunkhwa government expressed interest in participating in the privatisation bid for Pakistan International Airlines (PIA), ARY News reported. According to details, the...

Final auction for PIA to be on Oct 30, NA told

ISLAMABAD: The final auction for privatisation of the state-owned Pakistan International Airlines (PIA) Corporation would be held on 30th October, ARY News reported. This was stated...

PIA privatisation: Private companies seek details on airline’s operations

KARACHI: Private companies interested in acquiring Pakistan International Airlines (PIA) have sought detailed information on the airline's daily flight operations, ARY News reported on...

PIA privatisation likely in September 2024

The privatization of Pakistan International Airlines (PIA) is expected to be finalised in September instead of August, sources familiar with the development told ARY...

PIA privatisation: six companies pre-qualified for bid

ISLAMABAD: A consortium of six companies has been pre-qualified for privatizing Pakistan International Airlines (PIA), ARY News reported on Monday. According to the details, the...

Eight groups express interest in PIA amid privatisation drive

ISLAMABAD: Eight companies have submitted their bids as the deadline for expressions of interest for the privatisation of Pakistan International Airlines (PIA) has expired,...

PIA privatisation: SECP approves restructuring scheme

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved the restructuring of Pakistan International Airlines Corporation Limited (PIACL), ARY News reported. According to...

’10 companies show interest in buying PIA’

Ten companies have reportedly shown their interest in acquiring the majority stakes in Pakistan International Airlines (PIA), ARY News reported on Friday quoting sources. Sources...

PIA privatisation: ‘Pakistan briefs Qatar, Saudi Arabia’s investors’

KARACHI: Pakistan's financial advisers have briefed international investors regarding Pakistan International Airlines (PIA) privatisation, ARY News reported, citing sources.  As per details, aviation investors of...

Bids invited for PIA privatisation

KARACHI: Bids for privatisation of Pakistan International Airlines (PIA) have been sought from the buyers by May 3, ARY News reported. According to privatisation ministry...

PIA privatization: Three Gulf countries show interest in buying national carrier

KARACHI: As many as three Gulf countries including the United Arab Emirates, Saudi Arabia and Qatar have shown interest in buying the cash-strapped Pakistan...

Investors from seven countries show interest in outsourcing of airports

ISLAMABAD: Investors from Germany, France, Netherlands, Qatar, United Arab Emirates, Malaysia, and Turkiye as well as local groups have shown their interest in outsourcing...

PIA privatization: Govt approves holding company’s 11-member BoD

The federal cabinet has approved an 11-member Board of Directors (BoD) of the Pakistan International Airlines holding company as the government expedites the PIA...

Cash-strapped PIA privatisation to be ‘completed in June’: finance minister

Finance Minister Muhammad Aurangzeb on Thursday said that the government wants to complete the privatisation process of cash-strapped Pakistan International Airline (PIA) in June,...
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