PIA sell-off: A new roadmap being outlined: Aleem ISLAMABAD: Federal Minister Abdul Aleem Khan Thursday said that to make PIA’s privatisation more attractive, a new... Published 07 Mar, 2025 05:45am
Business & Finance Cash-strapped PIA approves salary increase for employees The Board of Directors of Pakistan International Airlines (PIA) on Friday gave principle approval for cadre-wise... Updated 07 Feb, 2025 09:03pm
Markets PIA sell-off: Privatisation Commission says ‘fully prepared’ for second attempt The Privatisation Commission (PC) has said that it is “fully prepared” for the second attempt at the Pakistan... Published 03 Feb, 2025 10:17pm
Business & Finance PIA adds 11th Airbus 320 to operational fleet The Pakistan International Airlines (PIA) added 11th Airbus 320, AP-BOM to its operational fleet with new engines,... Updated 22 Dec, 2024 10:45pm
Pakistan PIA flights’ resumption to Europe will prove to be milestone: Aleem Minister for Privatisation Abdul Aleem Khan stated on Sunday that the beginning of Pakistan International Airlines’... Updated 22 Dec, 2024 09:56pm
Print PIA sell-off: Govt will have to own Rs800bn in liabilities: Asif ISLAMABAD: Minister for Aviation Khawaja Muhammad Asif said the government would have to own Rs800 billion in... Updated 17 Dec, 2024 03:22pm
Print Earlier order recalled: Prior approval a must for PIA sell-off, SC tells govt ISLAMABAD: The Supreme Court recalled its earlier order directing the government not to privatise Pakistan... Updated 06 Dec, 2024 09:05am
Business & Finance PIA hopes to resume Europe flights soon after EASA lifts ban KARACHI: Pakistan International Airlines (PIA) said on Sunday it expects to resume European routes soon and is... Updated 01 Dec, 2024 09:41pm
Markets Asif anticipates higher PIA valuation in second privatization round following EASA decision Development will allow PIA to recapture European traffic, says aviation minister Updated 30 Nov, 2024 08:16pm
Print PIA sell-off: FA fees cost kitty Rs1.95bn ISLAMABAD: The government has incurred a loss of Rs1.95 billion in fees to a Financial Advisor (FA) for structuring... Updated 19 Nov, 2024 01:16pm
Business & Finance CCoP reiterates divesting PIACL thru privatisation or G2G mode ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) reiterated the resolve of the government to divest Pakistan... Published 16 Nov, 2024 06:04am
Pakistan CCoP reiterates ‘resolve to divest’ PIA shares, but adds G2G mode Says will pursue its divestment through privatisation or government-to-government mode Updated 15 Nov, 2024 10:29pm
Pakistan KP govt again seeks to participate in PIA bidding ISLAMABAD: After having formally conveyed its willingness to the federal government to buy Pakistan International... Updated 14 Nov, 2024 09:28am
Print Matter referred to Cabinet committee: PC board rejects Rs10bn bid for PIA ISLAMABAD: The Privatization Commission Board rejected the Rs10 billion bid submitted by Blue World City Consortium... Updated 14 Nov, 2024 09:24am
Editorials PIA sell-off fiasco EDITORIAL: Halloween, thirty-first October, a day celebrated for horror and associated with the macabre, cast its... Updated 07 Nov, 2024 06:42am
Print PIA’s governance ‘flaws’ identified by SAEP KARACHI: The controversial sale of five Boeing 777 engines at below-market prices and the grounding of two aircraft... Updated 06 Nov, 2024 08:28am
Markets PIA ‘national asset’, provinces welcome to buy airline on PC’s minimum expected price, says Aleem Khan Minister says federal cabinet to decide if creation of new framework required for privatisation of PIA Published 03 Nov, 2024 11:01pm
Business & Finance Below govt minimum: PIA stake sale attracts sole bid of Rs10bn ISLAMABAD: The Blue World Consortium has submitted the only bid for a 60 percent stake in Pakistan International... Published 01 Nov, 2024 06:51am
Business & Finance PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer Process of PIA bidding concludes with just one sole bid Ball now in PC and cabinet's court Updated 01 Nov, 2024 09:55am
Pakistan Real estate developer Blue World City cleared to bid for PIA, company chairman says KARACHI: A Pakistani real estate development company said on Wednesday it had completed requirements to enter the... Updated 30 Oct, 2024 10:02pm
Business & Finance Govt receives one bid for stake in flag carrier PIA: report Other 5 groups stay away from depositing 'earnest money' Updated 30 Oct, 2024 12:44am
Pakistan Pakistan aims to privatise flag carrier PIA in November: finance minister Aurangzeb says ensuring macroeconomic stability, doing proper due diligence of interested parties behind five-month delay in privatisation process Updated 24 Oct, 2024 11:48pm
Print IMF told: Two Discos’ sell-off to wrap up by Jan-end ISLAMABAD: The federal government has shared with the International Monetary Fund (IMF) that transactions of two... Updated 12 Oct, 2024 09:47pm
Pakistan PIA bidding likely to be shown live ISLAMABAD: The Ministry of Privatisation secretary informed a parliamentarians’ panel that on completion of... Published 25 Sep, 2024 06:48am
Print Bidding for PIACL to be held on Oct 1 ISLAMABAD: The Privatisation Commission Board, on Friday, announced that it will hold bidding for the PIACL for 1st... Updated 21 Sep, 2024 09:32am
Print ‘Privatisation of PIA by end of Oct’ Federal Minister for Defence Khawaja Asif says flights not viable commercially for PIA from Hyderabad to Karachi Updated 10 Sep, 2024 09:53am
Pakistan Government making efforts to resume PIA flights to UK: Ishaq Dar Foreign Minister says Pakistan values its long-standing alliance with the UK Updated 07 Sep, 2024 10:43pm
Print PIA sell-off likely by next month KARACHI: The privatization process of Pakistan International Airlines (PIA) is expected to be completed by the first... Updated 05 Sep, 2024 08:54am
Print NA panel briefed about PIA sell-off progress ISLAMABAD: Pakistan International Airlines (PIA), burdened by Rs200 billion in debts and owning Rs145 billion in... Updated 23 Jul, 2024 09:40am
Print PIA, HBFCL, others: sell-off timeline issued Transactions expected to be finalised in the first quarter of the current fiscal year (2024-25) Updated 03 Jul, 2024 10:25am
