PIA privatisation process gears up with investor visits
- 02-Aug-2025
KARACHI: The privatisation process of Pakistan International Airlines (PIA) has accelerated and entered a fast track, as designated representatives from pre-qualified companies start site visits to the Karachi headquarters of the airline and aircraft hangars, ARY News reported. This is a breakthrough in the PIA privatisation process, by which management control and ownership will be […]
PIA reports improved performance in annual audit
- 30-Jul-2025
KARACHI: The Pakistan International Airlines (PIA) Holding Company has reported a significant financial turnaround in its 2024 audit report, ARY News reported. According to the audit report, PIA recorded a profit of Rs 51.74 billion, marking a 42.90 percent increase from the previous year. In 2023, PIA had posted a profit of Rs 36.2 billion, […]
PIA launches cadet pilot program to address crew shortage
- 29-Jul-2025
KARACHI: Pakistan International Airlines (PIA) has launched a Cadet Pilot Program endeavoring to recruit 24 new pilots to reinforce its operational capacity and deal with an ongoing shortage of cockpit crew, ARY New reported. As part of this project, selected candidates will be recruited for two years on contractual basis, with the prospect to start […]
PIA privatization to be broadcast live on TV, digital platforms
- 25-Apr-2025
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Friday directed the relevant authorities to ensure privatization of Pakistan International Airlines (PIA) within the given time frame, ARY News reported. Chairing a meeting to review the ongoing process of privatization of PIA here, the prime minister stressed that transparency must be central to the procedure for the […]
PM Shehbaz lauds PIA for starting direct flights to Baku
- 20-Apr-2025
Prime Minister Shehbaz Sharif has lauded Pakistan International Airlines (PIA) on launching direct flights from Lahore to Baku, ARY News reported. Expressing his happiness over the commencement of PIA direct flights between Lahore and Baku, Prime Minister Shehbaz Sharif highlighted the positive effect and impact that tourism and diplomatic relations will have with this initiative. […]
Pakistan to miss IMF deadline for PIA privatisation, says adviser
- 11-Apr-2025
ISLAMABAD: Pakistan will miss its July 2025 deadline set by the International Monetary Fund (IMF) for the privatisation of Pakistan International Airlines (PIA), ARY News reported on Friday. Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman of the Privatisation Commission, confirmed that the PIA privatisation process will not be completed within the […]
PM Shehbaz hails PIA’s return to profit as major turnaround
- 09-Apr-2025
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday described Pakistan International Airlines’ (PIA) return to profitability after 20 years as a “major turnaround” after decades of losses. In a post on X (formerly Twitter), the Prime Minister wrote: “Another good news! Alhamdulillah. PIA set to post its first profit in 20 years — a major turnaround […]
PIA announces recruitment drive for airline crew
- 07-Apr-2025
KARACHI: Pakistan International Airlines (PIA) has announced a recruitment drive to address the shortage of pilots and cabin crew within the airline, ARY News reported on Monday. The airline has released advertisements regarding the recruitment drive to get applications for 20 pilots and 40 cabin crew members. Eligibility Criteria & Age Limits Pilot Recruitment: PIA […]
PIA privatisation: Shahid Khaqan suggests govt to accept Rs10 billion bid
- 11-Nov-2024
ISLAMABAD: Head of Awam Pakistan Party (AWP) and former Prime Minister of Pakistan Shahid Khaqan Abbasi said that the government’s expectation of receiving an Rs85 billion bid for PIA privatisation is unrealistic. Speaking during ARY News programme ‘Sawal Yeh Hai’, Shahid Khaqan suggested that accepting a Rs10 billion offer would be more practical. He criticised […]
Karachi traders interested in acquiring PIA: Governor Tessori
- 04-Nov-2024
KARACHI: Sindh Governor Kamran Tessori on Sunday revealed that Karachi traders have shown interest in acquiring Pakistan International Airlines (PIA), ARY News reported. Speaking with ARY News, Tessori said that the Karachi traders have discussed the development of the PIA privatization process with him. “The traders in Karachi want the PIA to be handed over […]