Business

Bidding Begins for Privatization of Pakistan International Airlines (PIA)

No comments
1 minute read

Privatisation process for Pakistan International Airlines (PIA) underway with six pre-qualified bidders vying for control.

Up next

Earlier this year, the Capital Development Authority (CDA) initiated a large-scale bicycle track project worth Rs. 2.8 billion, but construction stopped after just 500 meters. The revised plan reflects the CDA’s focus on testing the concept before committing to a full-scale project.

Islamabad Launches 10-KM Test Run for Bike Lane Project on Margalla Road

Share article

The privatization process for Pakistan International Airlines (PIA) began Thursday, with one of six pre-qualified bidders already submitting earnest money. Bidders include Fly Jinnah, YB Holdings, Airblue, Pak Ethanol, Arif Habib Corporation, and Blue World City. The winning bidder may acquire up to 100% of PIA’s share capital and management control, as Pakistan aims to meet IMF’s deadline.

Leave a Reply Cancel reply

World

Israel bombs Gaza wedding, killing 6 Palestinians amid talks on 2nd phase of ceasefire

Israel has killed six Palestinians, including a woman, in attacks on Gaza…

Hafsa Mustafa
December 20, 2025

World

Historic turnout of supporters at Bangladesh’s Usman Hadi’s funeral prayer service

A historic turnout of supporters was seen at the funeral prayer service…

Hafsa Mustafa
December 20, 2025

World

7 killed, many injured in Russian missile attack on Ukraine’s Odesa region

At least seven people were killed and 15 others injured when Russian…

Hafsa Mustafa
December 20, 2025

World

US carries out large-scale retaliatory strikes against Daesh in Syria, say officials

The US military launched large-scale strikes against dozens of Daesh targets in…

Hafsa Mustafa
December 20, 2025