PIA

PIA privatization process has resumed, NA panel informed Blogging Sole

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PIA privatization process has resumed, NA panel informed Blogging Sole

A Pakistan International Airlines plane is seen in this undated image. —APP/File Lawmakers are skeptical about privatization plans and implementation delays. Roosevelt Hotel revenue expected despite joint venture issues. HBFC privatization almost complete after resolving key issues. ISLAMABAD: The National Assembly Standing Committee on Privatization was informed on Thursday that the privatization process of Pakistan … Read more

PIA plans to expand its fleet to revamp its flight operations Blogging Sole

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PIA plans to expand its fleet to revamp its flight operations Blogging Sole

Pakistan International Airlines (PIA) has announced plans to expand its fleet and improve its operations following the introduction of a newly refurbished Airbus 320, with the aim of strengthening its competitiveness in domestic and international markets. The national carrier, which holds 23% of Pakistan’s domestic aviation market, has faced challenges with its fleet of 34 … Read more

PIA set for debt-free privatization with IMF help for aircraft purchase Blogging Sole

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PIA set for debt-free privatization with IMF help for aircraft purchase Blogging Sole

View of a Pakistan International Airlines (PIA) passenger plane. — APPLICATION/File The IMF waives taxes and shifts debts to help sell PIA. The resumption of European flights strengthens the prospects of privatization. Privatization to restore PIA’s competitiveness and efficiency. ISLAMABAD: Pakistan International Airlines (PIA) is set to be privatized, freed from its existing obligations, in … Read more

PIA to resume flights to Europe on January 10 after more than 4 years Blogging Sole

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PIA to resume flights to Europe on January 10 after more than 4 years Blogging Sole

A Pakistan International Airlines (PIA) passenger plane arrives at Benazir International Airport in Islamabad, Pakistan, December 2, 2015. — Reuters PIA’s authorization to operate in the EU was suspended in June 2020. The ban cost the loss-making airline Rs 40 billion. PIA will contact Great Britain to obtain authorization to resume its routes: spox. ISLAMABAD: … Read more

Government mulls G2G sale of PIA after failed privatization bid Blogging Sole

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Government mulls G2G sale of PIA after failed privatization bid Blogging Sole

Crew members disembark from a Pakistan International Airways (PIA) flight at Kabul airport, Afghanistan, September 13, 2021. — AFP Dar-led CCoP rejects Blue World City privatization offer of Rs 10 billion. The government is considering agreements with China and Gulf countries, including Qatar. These countries can play a key role in the privatization of PIA, … Read more