Pakistan Likely To Privatise Its National Flag Carrier PIA By August: Report

Pakistan: The six companies have been shortlisted for the privatization of the national flag carrier—PIA.

PTI
Pakistan International Airlines (PIA) likely to be privatised.(Representational image) | Photo: PTI
info_icon

Pakistan is likely to privatise its national flag carrier— Pakistan International Airlines (PIA) by first week of August, reports said on Wednesday.

The move to privatise PIA has been on top of the agenda of the country’s government after the groundwork was completed by the caretaker government that was in place to organize elections.

According to the PTI report, six companies have been shortlisted for the privatization of the national flag carrier—PIA.

The shortlisted companies have sought details related to PIA and asked for time till July to review the financial issues of the national airline, the report said.

Meanwhile, the authorities are providing the required information to the consortium of shortlisted companies.

Earlier, a consortium of six companies has been pre-qualified for privatizing Pakistan International Airlines (PIA).

It added to maintain transparency and foster confidence, Khan proposed broadcasting the privatisation proceedings live on media platforms to assure all stakeholders about the integrity of the process.

Published At:

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

×