An image of a Pakistan International Airlines plane (PIA). – App / file Extended date of 15 days from the previous deadline of June 3. The manager indicates that the date has been extended due to Eid Ult Adha. The process is one of the reforms agreed with the IMF by virtue of the eff. … Read more
Listen to the article The government has extended the deadline to subject expressions of interest (EOI) in the purchase of Pakistan International Airlines (PIA) on June 19, the Ministry of Privatization announced on Tuesday. The extension follows the need to welcome the holidays of Eidul Adha and the recent political and military tensions, including the … Read more
Pakistan International Airlines (PIA) planes are parked on the track. – AFP / File Govt is looking for for the PIA stake by June 3. Investors have offered a relief and responsibility coverage of the GST. Transfer of PIA liabilities to attract potential buyers. Islamabad: The federal government officially invited the expressions of interest (EOIS) … Read more
A Pakistan International Airlines plane (PIA) in Allama Iqbal International Airport in Lahore, January 29, 2024. – Reuters The inherited debt was transferred to the government to attract buyers. The government plans to finish the privatization of the PIA by the end of the year. Jones Lang Lasalle was appointed to advise on the sales … Read more
A Pakistan International Airlines plane (PIA) is preparing to take off at Alama Iqbal International Airport in Lahore on February 1, 2012. The Cabinet Committee On Privatization (CCOP) approved Tuesday a plan to accelerate the privatization of Pakistan International Airlines Corporation (Piacl), including the disinvestment of 51 to 100% of share capital as well as … Read more
Lahore: The mystery still wraps the strange disappearance of a wheel which was very in its place where a pia plane had taken off from Karachi but which lacked when the plane hit the airport in Lahore after about an hour and 45 minutes. On Wednesday evening, it was discovered that the PK306 flight from … Read more
People come out of the Roosevelt Hotel Migrant Center in Midtown on February 24, 2025 in New York, in the United States. – AFP The Roosevelt hotel, once a migrant refuge, began to close. NYC stops 53 migrant shelters in the middle of political changes. Mayor Adams cites cost savings in shelter closures. New York: … Read more
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
1730379446-0/WhatsApp-Image-2024-10-31-at-17-56-13-(1)1730379446-0.jpeg?w=1600&resize=1600,900&ssl=1 "PIA plans to expand its fleet to revamp its flight operations
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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
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
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
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