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PIA privatization: Three Gulf countries show interest in buying national carrier

KARACHI: As many as three Gulf countries including the United Arab Emirates, Saudi Arabia and Qatar have shown interest in buying the cash-strapped Pakistan...

Investors from seven countries show interest in outsourcing of airports

ISLAMABAD: Investors from Germany, France, Netherlands, Qatar, United Arab Emirates, Malaysia, and Turkiye as well as local groups have shown their interest in outsourcing...

PIA privatization: Govt approves holding company’s 11-member BoD

The federal cabinet has approved an 11-member Board of Directors (BoD) of the Pakistan International Airlines holding company as the government expedites the PIA...

Cash-strapped PIA privatisation to be ‘completed in June’: finance minister

Finance Minister Muhammad Aurangzeb on Thursday said that the government wants to complete the privatisation process of cash-strapped Pakistan International Airline (PIA) in June,...

PIA privatisation moving in right direction, says Muhammad Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that matters regarding Pakistan International Airlines (PIA) privatisation are heading in the right direction. Mr. Aurangzeb, after assuming...

IMF ‘okays’ loan rescheduling plan for PIA privatisation

ISLAMABAD: The International Monetary Fund (IMF) has 'approved' a debt rescheduling plan for Pakistan International Airlines (PIA) privatisation, ARY News reported, citing sources،  According to...

Nine PIA aircraft grounded due to “spares shortage”

KARACHI: The delay in privatisation of Pakistan International Airline (PIA) has put pressure on the administrative affairs of national carrier as nine aircraft have...

PIA privatisation: PPP decides to give govt tough time

KARACHI: Pakistan People’s Party (PPP) has thrown its weight behind the Pakistan International Airlines’ (PIA) employees protesting against proposed privatisation of the airline, ARY...

PIA CEO writes ‘motivation letter’ to employees ahead of privatisation

KARACHI: The Pakistan International Airlines (PIA) Chief Executive Officer (CEO) Amir Hayat has written a ‘motivation letter’ to the employees ahead of the privatisation,...

PM Kakar orders expediting PIA’s privatisation process

ISLAMABAD: Caretaker Prime Minister (PM) Anwaarul Haq Kakar on Monday directed the authorities concerned to expedite the process of privatisation of the national flag...

Privatisation Commission stops PIA from leasing aircraft

KARACHI: The Privatisation Commission has stopped the Pakistan International Airlines (PIA) management from leasing a new aircraft, citing sources, ARY News reported on Thursday. The...

Timeline of PIA privatisation finalised

ISLAMABAD: The timeline of Pakistan International Airlines (PIA) privatization has been finalised, ARY News reported. Caretaker Minister for Privatization Fawad Hasan Fawad chaired a meeting...

PIA officers association’s office sealed after protest

The Pakistan International Airlines (PIA) administration has sealed the office of the airline’s Senior Officers Association (SSA) for holding protests with other employee associations...

PIA booking offices to remain closed today against privatisation

KARACHI: Pakistan International Airlines (PIA) ticket booking offices will remain closed today (Thursday) for two hours against privatisation as a token strike, announced CBA,...

PIA CBA union announces strike against privatisation

KARACHI: The People’s Unity of Pakistan International Airlines (PIA) CBA union has announced to go on strike against the privatisation of the national airline...

PIA CBA union announces protest against privatisation

KARACHI: The People’s Unity of Pakistan International Airlines (PIA) CBA union has announced to organise a protest at the Karachi airport on Friday against...

PIA privatisation to avert Rs259b projected losses: Saad Rafique

ISLAMABAD: Aviation Minister Khawaja Saad Rafique on Friday warned that Pakistan International Airlines (PIA) may endure alarming losses of Rs259 billion by the year...

Issue of PIA privatisation to be resolved in accordance with law: aviation minister

The aviation minister clarified that he has not given his statement regarding the pilots in haste nor the details were beyond facts.

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