PIA

The Federal Minister for Privatization Abdul Aleem Khan has blamed the failure of privatization of Pakistan International Airlines (PIA) the Federal Board of Revenue (FBR) and former administration of Privatization Commission.

Mission Chief's end note says, "We had constructive discussions with the authorities on their economic policy and reform efforts to reduce vulnerabilities and lay the basis for stronger and sustainable growth".

 The CCOP reviewed the summary of PC Board which it had asked the rejection of the bid of PKR 10 billion given by Blue-World for privatization of PIACL (60% shares). The CCOP decided to agree with the proposal and recommendations of PC…

Lahore: Punjab's chief minister, Maryam Nawaz, has asked her father, Nawaz Sharif, for help rescuing the national flag carrier from bankruptcy by purchasing it and possibly rebranding it as a provincial government carrier. The former…

PESHAWAR, November 2, 2024 — The Khyber Pakhtunkhwa (KP) government has formally expressed its intent to bid for Pakistan International Airlines (PIA), aiming to exceed the highest offer of Rs10 billion currently on the table from…

ISLAMABAD :The final bidding process for the privatization of Pakistan International Airlines (PIA) is set to take place today (Friday) in Islamabad. Preparations for the event are complete at a private hotel in the capital. Out of six…

Islamabad : After receiving one bid, the Privation Commission has decided to go ahead with the original sell off plan for Pakistan International Airline (PIA). Sources in the Privatization Commission told NEWSMAN , requesting anonymity…

ISLAMABAD: Pakistan has received a single bid for a stake in its national airline, Pakistan International Airlines (PIA), as five other consortiums opted out of this significant privatization effort. The sole bidder submitted "earnest…