Pakistan’s attempt to sell its national flag carrier Pakistan International Airlines Corp. has received a successful bid, ...
1don MSNOpinion
From pride to distress sale: Pakistan sells state-owned PIA for Rs 135 billion as economy buckles
The sale of Pakistan International Airlines marks the end of an era, and the depth of Pakistan’s economic crisis. Sold for Rs ...
The Pakistani government had estimated Rs 3,200 crore for the airline's sale, but received Rs 1,320 crore more.
India Today on MSN
Pakistan sells national carrier PIA for Rs 4,300 crore after IMF diktat
Pakistan, which is surviving on international loans and dole, sold its flag-carrier Pakistan International Airlines (PIA) on ...
A Pakistani firm won an auction Tuesday with a $482 million bid for a majority stake in the embattled national carrier PIA, a ...
Daily Times(PK) on MSN
PIA: From Asia’s pride to a symbol of lost glory
Pakistan International Airlines (PIA), once celebrated worldwide for its service, punctuality, and professionalism, now ...
According to official statements, the decision was unavoidable because PIA has continued to suffer heavy financial losses and ...
Khaleej Times on MSN
Pakistan gets three bids for privatization of state-run airline
Pakistan received three bids on Tuesday for the privatization of its embattled national carrier PIA, in what is seen as a ...
Pakistan privatised its national airline, PIA, selling it to Arif Habib Group for Rs 135 billion after an open auction. The investor will also commit Rs 80 billion over five years.
The Arif Habib consortium has secured a 75 percent stake in Pakistan International Airlines Corporation Ltd (PIAC) with a winning bid of Rs. 135 billion, ...
Islamabad: Pakistan on Tuesday successfully completed the privatisation of its national flag carrier, Pakistan International Airlines (PIA), selling it for Rs 135 billion to a consortium led by local ...
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