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Privatisation of PIA

PIA

Govt’s 2nd attempt to privatise PIA

KARACHI: The privatisation ministry has stated Wednesday (16th April, 2025) that “a fresh advertisement for the expression of interest for the demerger of PIACL is planned to be published next week”. Following a huddle of the Privatisation Commission the board approved pre-qualification criteria for selection of potential bidders for privatisation of 51% to 100% shares […]
PIA

PIA: Al-Nahang Group bids 1.25 Trillion Rupees

KARACHI: Overseas Pakistani Consortium Al-Nahang has offered 125 billion rupees to acquire PIA, by means of formal emails (harbouring all the technical studies and comprehensive business plan) addressed to the ministers of privatisation, aviation, and defence. The bidders will repay Rs. 250 billion debt incurred on the National Flag Carrier, buy new aircraft enabling them […]
PIA

PIA will be privatised by 1st Oct. 2024

ISLAMABAD: Secretary of the Privatisation Commission has told Senate Standing Committee here on Thursday that denationalisation of PIA process would be completed by 1st October, 2024. It is pertinent to mention here that PIA’s BoD during its 83rd meeting held here on 26th March, has approved the privatization and restructuring plan of Pakistan’s National Flag Carrier PIA. […]

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