Pakistan has finalized the privatization of Pakistan International Airlines, selling a 75% controlling stake to a private ...

ISLAMABAD -- A consortium led by a Pakistani investment firm acquired a 75% stake in state-run Pakistan International ...

Pakistan International Airlines (PIA) is expected to be run by a new owner from April next year and receive fresh capital ...

A consortium headed by the Arif Habib Corporation emerged as the top bidder for a 75% stake in Pakistan International ...

Pakistan successfully privatised PIA in a record Rs 135 billion deal, with Arif Habib Group winning a fierce bidding war, ...

Pakistan International Airlines has been sold for US$482 million to a consortium of investors consortium led by one of the ...

Pakistan has sold its loss-making national airline, Pakistan International Airlines, to the Arif Habib consortium for Rs 135 billion, ending ...

Meeting a central condition of its IMF-backed reform programme, Pakistan on Tuesday, Dec 23, completed its most significant privatisation drive in nearly two decades, selling a 75 per cent stake in ...

Pakistan’s attempt to sell its national flag carrier Pakistan International Airlines Corp. has received a successful bid, ...

Pakistan privatised its national airline, PIA, selling it to Arif Habib Group for Rs 135 billion after an open auction. The investor will also commit Rs 80 billion over five years.

To attract more investors, the government reduced PIA's debt, removed sales tax on new aircraft, and offered protection from ...

Pakistan International Airlines (PIA) is expected to be run by a new owner from April ‍next year and receive ‌fresh capital ...