Pakistan’s national airline, PIA, is expected to be operated by new owners starting April next year, Federal Privatisation Adviser Muhammad Ali said in a statement. The government’s privatisation deal is designed not as a full transfer of ownership but to bring fresh investment and strategic management into the airline to help revive its performance and...
Prime Minister Shehbaz Sharif has announced that bidding for the sale of PIA is scheduled for 23 December 2025, with the process to be broadcast live on all media channels. The sale will involve a 51–100% stake in the national carrier. Four pre-qualified bidders—Lucky Cement Consortium, Arif Habib Corporation Consortium, Fauji Fertiliser Company Limited, and...
The government has scheduled the privatisation of Pakistan International Airlines (PIA) for mid-December, signalling a major shift in the national carrier’s future. Pre-qualified bidders have been invited, and a formal bidding process is expected between 12 and 15 December 2025. To mark this milestone, the Prime Minister will host all pre-qualified bidders today at the...