Saira Imran
Pakistan International Airlines faces a major setback as PIA spare parts loss reaches Rs 8.56 billion due to delays in selling unused aircraft parts. Pakistan International Airlines (PIA) suffered a total loss of Rs 8.56
Saira Imran
National airline privatization takes a major step forward as Fauji Fertilizer Company officially joins the Arif Habib Consortium. The consortium confirmed the partnership in an official statement. It said Fauji Fertilizer joined to support the
Saira Imran
Arif Habib Consortium buys PIA for Rs135 billion in the final stage of the privatization process. The group secured 75 percent shares of the national airline. The consortium placed the highest bid of Rs135 billion
Saira Imran
The PIA privatization bid moved ahead as the Arif Habib Consortium offered Rs121 billion in the second phase of bidding. The government continues the bidding process for the privatization of the national airline in stages.
Saira Imran
National airline privatization first phase completed as the government successfully ends the initial bidding stage. Three pre-qualified bidders submit their bids to purchase the national airline. Authorities plan to open the bids at 3:30 pm.
Saira Imran
Federal Finance Minister Muhammad Aurangzeb said that the government decides to sell 24 state-owned institutions as part of its restructuring plan. He added that the government is merging 39 ministries to reduce the size of
