PIA’s liabilities and assets to be transferred to holding company as privatisation process enters next stage. What will the timeline look like?
Former governor of the State Bank, Tariq Bajwa, has been appointed chairman of the 11 member board as plans for privatisation enter the vital phase-II stage.
Seven International investors show interest in PIA, three airports
Aviation ministry didn't clarify whether the investors are companies or governments
PIA manages to successfully lease Roosevelt Hotel. How did we get here?
In the latest twist in the saga surrounding the Roosevelt Hotel in Manhattan, Pakistan International Airlines has leased the building to a...
Ernst & Young hired as financial advisor for privatisation of PIA
ISLAMABAD: The Privatisation Commission (PC) Board has approved appointments of British multinational, Ernst & Young (EY) as a Financial Advisor to aid...
Virgin Atlantic packs its bags. But is it for the last time?
Three years and over 2 lakh passengers later, Virgin Atlantic ends operations in Pakistan
Zara Airways to introduce direct flights from Canada to Pakistan
Canadian airline Zara Airways has unveiled plans to launch direct flights from Toronto to three major cities in Pakistan in August, marking...
Govt to offer golden handshake to around 3,000 PIA employees
KARACHI: In order to cut PIA's losses by Rs4.2 billion, the government has approved plans to lay off around 3,000 of its...
Process to outsource airports initiated
Operations and management of Karachi, Lahore, and Islamabad airports set to be outsourced to generate foreign exchangeÂ
Fly Jinnah to start international flights from Islamabad to Sharjah
Airline plans to add more international routes in the near future
PIA’s long dispute with airplane leasing company seems to have endedÂ
ECC approves Rs 8 bn financing for reaching settlement
PCAA finalises to privatise three airports in Pakistan
KARACHI: A final decision to privatise Karachi, Lahore and new Islamabad Airports have been finalised at a meeting held in Islamabad on...
AirSial expands into int’l market with direct flights to JeddahÂ
Company commences int'l operations two and a half years after entering local market
Financial bloodbath: PIA hemorrhages Rs97b in losses across 2022
National flag carrier bled Rs 8 billion and 83 million on average per month in losses across 2022
PIA pays $13mn to reclaim aircraft stranded for two years
AP-DLG returned to Pakistan on Tuesday, and the other is set to return following the other $13 million
Is the Riyadh Airport Authority’s reminder to PIA for being late on payments concerning?Â
PIA issued reminder reminded that it needs to pay 8.2 million Riyal by July 15