PIA set for IPO within a year of takeover: report – Markets
The new owners of Pakistan International Airlines (PIA) plan to go for an IPO within a year of taking over ...
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Pakistan banks cut ERF rate by 3%, bring export financing down to 4.5%
Pakistan’s banking sector on Wednesday announced a voluntary 3% reduction in the markup rate on the Export Refinance Facility (ERF), ...
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Economic Boost? IMF Praises Pakistan Privatisation Effort, Calls PIA Sale ‘Milestone’
The International Monetary Fund (IMF) has welcomed Pakistan’s recent push toward privatization, describing the sale of a majority stake in ...
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PIA Loses Rs 22 Billion as Planes Stay Grounded, Audit Reveals
Pakistan International Airlines (PIA) faced heavy financial losses because many of its aircraft remained grounded for long periods, according to ...
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PIA incurred Rs22bn loss due to prolonged grounding of aircraft
ISLAMABAD: A parliamentary committee on Wednesday was informed that Pakistan International Airlines Corporation (PIAC) suffered a loss of Rs22 billion ...
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New PIA OwnersExpect Losses in Early Years Despite Initial $400 Million Investment
PIA is set for a major transformation as its new owners unveil plans to improve the national carrier’s operations, expand ...
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Arif Habib sees PIA privatisation creating more jobs in airline
ISLAMABAD: Arif Habib — chairman of the investment firm that headed the consortium that won the auction for a controlling ...
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PIA Suspends 2 Female Flight Attendants After Violent Fight in Saudi Arabia
Pakistan International Airlines (PIA) has suspended two female flight attendants following a violent altercation at Jeddah airport in Saudi Arabia. ...
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PIA to Resume Direct London Operations from March Next Year
Pakistan International Airlines (PIA) is planning to restart direct flights to London from March 2026 after receiving approval for four ...
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“PIA is Not Being Sold for the Price of One or Two Aircraft,” PM’s Adviser Muhammad Ali
The Prime Minister’s Adviser on Privatisation, Muhammad Ali, has clarified that Pakistan International Airlines (PIA) is not being sold at ...
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