ISLAMABAD: The final bidding for Pakistan International Airlines (PIA) privatization is set to take place tomorrow (Thursday) in Islamabad, according to aviation sources. Preparations for this event have been completed at a private hotel in the capital city. Out of six potential bidders, only the Blue World City consortium has submitted an advance payment, confirmed … Read more
Finance Minister Muhammad Aurangzeb has reiterated the government’s commitment to privatizing Pakistan International Airlines (PIA) and three power distribution companies (Discos) by the end of 2024. During a recent interview with a private channel, Aurangzeb stated that the current administration aims to finalize the privatization of PIA and three Discos before the year concludes. The … Read more
ISLAMABAD: Sources said that three Gulf nations, namely the United Arab Emirates, Saudi Arabia, and Qatar, have expressed interest in acquiring financially struggling Pakistan International Airlines (PIA) as the government accelerates its privatization initiative. Sources familiar with the matter revealed that companies from these countries have approached the Pakistani government to initiate negotiations for acquiring … Read more
ISLAMABAD: Minister for Aviation Khawaja Muhammad Asif has expressed the resolve to develop the aviation industry of the country for increasing its contribution in national economic growth. He was chairing a meeting in Islamabad today to discuss the National Aviation Policy 2023, challenges faced by Pakistan Aviation industry and the air services agreements with other … Read more
