Pakistan kicked off a televised auction for state carrier Pakistan International Airlines on Tuesday as the government attempts to push through a long-delayed reform demanded by the International ...

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

Pakistan, which is surviving on international loans and dole, sold its flag-carrier Pakistan International Airlines (PIA) on ...

By splitting PIA into a holding company carrying Rs650 billion in legacy liabilities and a "clean" operating entity sold to a ...

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

PIA’s challenges are different from those Air India faced. The new consortium faces a challenge in turning around a carrier ...

Pakistan is accelerating the privatisation of key state-owned enterprises, including banks, power utilities, hotels, and ...

The Pakistani government had estimated Rs 3,200 crore for the airline's sale, but received Rs 1,320 crore more.

Arif Habib consortium has emerged as the successful bidder in PIA’s privatisation, offering Rs135 billion for a 75% stake after a competitive auction process.

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

The Government of Pakistan has made a significant move in its ongoing efforts to privatize Pakistan International Airlines ...

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