The federal government is set to issue an Expression of Interest (EOI) for Pakistan International Airlines (PIA) this month.
He said PIA is expected to grow its revenue to 170 billion rupees this year, which so far is the highest one. Saad Rafique said in the coming days, new Boeing 777 will be inducted in the fleet of PIA.
The Defence Minister mentioned that PIA flights to the UK and the US will also commence. Khawaja Asif said PIA will be privatized and its fleet will be expanded. He said PIA will recapture its market.
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The privatisation commission (PC) has announced that it is "fully prepared" for a second attempt at privatising Pakistan International Airlines (PIA), with several returning bidders and parties ...
PIA has 23% of Pakistan's domestic aviation market, but its 34-plane fleet cannot compete with Middle Eastern carriers which have 60%, due to a lack of direct flights, despite having agreements ...
Pakistan is expected to trigger a new expressions of interest campaign for the acquisition of a majority stake in PIA - ...
IMF agreed that if PIA is privatized, 18pc GST can be removed to encourage private sector investment in new aircraft ...
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ISLAMABAD: Pakistan International Airlines (PIA) has increased its the frequency of its flights to China amid the friendly country's investment in Pakistan in the shape of China Pakistan Economic ...
This move is expected to encourage investment in the airline’s fleet. Furthermore, the committee discussed the liabilities of PIA, which amount to Rs45 billion. These liabilities include Rs26 ...