The government has also decided to take only 7.5% of the bid money in cash, while the bidder will invest the remaining 92.5% ...

Pakistan plans to sell a controlling stake in the national flag carrier, a long-struggling enterprise central to the ...

The airline's spokesperson emphasised that all crew members of the concerned flight are accounted for and safe, and that the ...

The federal government has decided to sell its entire 100 percent stake in Pakistan International Airlines (PIA), offering ...

The airline has remained a chronic loss maker due to overstaffing, weak management and an ageing fleet, forcing repeated government bailouts that drained public money.

Pakistan has decided to sell its entire 100 per cent stake in Pakistan International Airlines after bidders sought complete ...

Last year, PIA’s reserve was Rs85 billion, and it is now expected to be set between Rs90 and Rs100 billion, as the airline ...

The Pakistani federal government is selling 100% shares because all four bidders wanted the government to have no role in PIA ...

Pakistan’s sale of its flag carrier PIA is its first major privatisation in two decades. The divestment comes because of an ...

Pakistan International Airlines' Sale Date Looms is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) ...

Prime Minister Shehbaz Sharif met with corporate entities and company representatives involved in the process and said the process was moving “smoothly” and argued that privatisation would help restor ...

On December 8, three similar balloons were also found in the Tatehra village of Gagret sub-division. These balloons had the ...