Federal Government Transfers 11 High Value PIA Properties to Acquiring Consortium
The Privatisation Commission informs the Senate that eleven domestic and international assets valued at 14.2 billion rupees have been transferred to the new PIA management.
PIA Privatization: Arif Habib Consortium Acquires 75% Stake; Fleet Expansion Planned
Arif Habib Group-led consortium acquires 75% stake in Pakistan International Airlines for Rs135 billion, plans to expand fleet to 64 aircraft and retain all employees for 12 months post-transaction.