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Tag: PIA

PIA on Sale: Looking for buyers

PIA on Sale: Looking for buyers

IMF has asked Pakistan's privatization commission to sell 51% to 100% stakes of Pakistan International Airlines (PIA) as part of reforms, according to an official statement. According to British news ...

PIA’s debt to Govt and banks stands at Rs. 429.3 billion

PIA’s debt to Govt and banks stands at Rs. 429.3 billion

Details have emerged regarding Pakistan International Airlines' (PIA) significant debt obligations, as disclosed by the aviation ministry. The national carrier's outstanding dues, totaling Rs429.267 billion as of September 30, 2023, ...

All set to re-structure Pakistan International Airlines

All set to re-structure Pakistan International Airlines

The recent approval of Pakistan International Airlines (PIA) privatization and restructuring plan by the newly established Board of Directors signals a significant step forward for the country's flagship carrier. Pakistani ...

PIA on ‘SALE’, 51% stake sale structure approved

PIA on ‘SALE’, 51% stake sale structure approved

Pakistan's Privatization Commission has taken a significant step towards the privatization of Pakistan International Airlines (PIA), approving the transaction structure for the sale of a 51% stake in the national ...

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