Hindustan Times26d
Pakistan's bid to privatise debt-ridden airline gets offer of just $36 million
The bidding ceremony to sell the Pakistan International Airlines (PIA) was held at a hotel in Islamabad and shown live on the state-run PTV channel. A Pakistan International Airlines (PIA ...
Indiatimes26d
Pakistan Airlines gets just one bidder, quotes PKR 10 billion for 60% share against govt's price PKR 85.03 billion
The government's effort to privatise Pakistan International Airlines (PIA) failed as the only bidder, Blue World City, offered PKR 10 billion for a 60% stake, significantly lower than the PKR 85. ...
Aviation Week27d
Government Receives Low Bid For Pakistan International Airlines
The government’s privatization process for Pakistan International Airlines has been underway for several months. Credit: Joe Pries Aviation The privatization prospects for Pakistan International ...
India.com28d
Final bidding for Pakistan International Airlines’ privatization set for Oct 31
The final bidding process for the privatization of Pakistan International Airlines (PIA) will take place in Islamabad on Thursday, October 31, ARY News reported, citing sources from the aviation ...
Khaleej Times27d
Pakistan flag carrier's stake sale attracts sole bid below government minimum
The final bidding process for the privatisation of Pakistan International Airlines attracted just one bid of 10 billion Pakistani rupees ($36 million) for a 60 per cent stake in the national flag ...
Mint28d
Pakistan govt’s plan to sell majority stake in PIA on Oct 31 in jeopardy due to lack of interest from private investors
The Pakistan government is all set to sell the majority of stakes in Pakistan International Airlines on October 31. However, Pakistani media reports have raised concerns over the delay in sales ...
Aviation Week9d
Pakistan Considers New Path For Airline Privatization
The Pakistan government appears to be changing its approach to privatizing Pakistan International Airlines (PIA) after recent attempts to find a suitable bidder were unsuccessful. The government ...
Bloomberg L.P.29d
Pakistan Gets One Initial Bid From Shortlist for PIA Stake
Blue World City, which is a real estate project of two groups in construction that also owns a news channel, will bid for a 60% stake in Pakistan International Airlines Corp. in the Oct. 31 ...
Reuters27d
Pakistan flag carrier stake sale attracts sole bid below government minimum
KARACHI, Oct 31 (Reuters) - The final bidding process for the privatisation of Pakistan International Airlines attracted just one bid of 10 billion Pakistani rupees ($36 million) for a 60% stake ...
Business Insider5d
Boeing faces further delays to new 737 Max jets as regulator reviews engine issue
Boeing could face further delays to new jets as regulators examine an engine issue. It comes after two incidents on Southwest Airlines Boeing 737 Max jets last year. In March 2023, smoke poured ...
Zawya28d
Real estate developer places bid for stake in Pakistan's national airline
KARACHI - The final bidding process for the privatisation of Pakistan International Airlines opened on Thursday, with just one participant for a stake in the national carrier. Saad Nazir, chairman of ...