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Pakistan Intl Air news

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PIA Sell-out Reports Hold No Ground: Spokesman

The PIA has described media reports regarding sale of airline's profitable routes to a foreign airline and possible sell-out of the national flag carrier as totally unfounded. In a statement here on Sunday, PIA spokesman said the national flag carrier has signed a number of profitable code sharing agreements with various international airlines including China Southern, Thai Airways, Tu...

Pakistan to Privatise National Airline by Next Year: Govt

Pakistan will privatise its national carrier by next July, a minister said Tuesday, following years of crushing losses and mismanagement that have battered the airline's reputation. The widely anticipated announcement prompted protests by Pakistan International Airlines employees and the main opposition party. "We are planning to privatise PIA in view of its heavy and recurring fina...

Govt Removes Major Obstacle to PIA Sell-off

President Mamnoon Hussain on Saturday promulgated the Pakistan International Airlines (PIA) Corporation Conversion Ordinance, paving way for the privatisation of the national flag carrier under a condition of the International Monetary Fund (IMF) loan programme. The government chose to issue the ordinance on a day when all eyes were on the final phase of local government elections in Punja...

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