Islamabad, June 18, 2024 – In a last-minute bid to attract investors for the privatization of Pakistan International Airlines (PIA), the government has included a key amendment in the Finance Bill 2024.
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PIA Divestment Moves Forward: Six Parties Pre-Qualify
The Privatization Commission of Pakistan has shortlisted six parties for the potential acquisition of Pakistan International Airlines (PIA), marking a significant step forward in the national carrier’s divestment process.
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PIA Poised to Resume European Flight Operations
Islamabad, May 11, 2024 – Pakistan International Airlines (PIA) is gearing up to spread its wings to Europe, marking a significant milestone in its service expansion.
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PIA Privatization Final Schedule Ordered by PM Shehbaz Sharif
Islamabad, March 6, 2024 – In a significant development, Prime Minister Shehbaz Sharif has called for the swift implementation of the final schedule for the privatization of Pakistan International Airlines (PIA).
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FBR Freezes Bank Accounts of National Flag Carrier for Rs 2.76 Billion Recovery
Karachi, November 29, 2023 – The Federal Board of Revenue (FBR) took stringent action on Wednesday by freezing all bank accounts of Pakistan International Airlines (PIA), the national flag carrier, in an effort to recover an outstanding tax amount of Rs 2.76 billion.
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Kakar Directs Acceleration of Privatization Process for PIA
Islamabad, October 12, 2023 – Caretaker Prime Minister Anwaar-ul-Haq Kakar has issued directives to accelerate the privatization process of Pakistan International Airlines (PIA) to prevent further financial losses to the national exchequer.
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FBR Files Complaint of Government Fund Misappropriation Against Senior PIA Officials
Karachi, August 31, 2023 – The Federal Board of Revenue (FBR) has officially registered a complaint against senior officials of Pakistan International Airlines (PIA) for alleged misappropriation of government funds, sources said on Thursday.
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Pakistan’s National Flag Carrier Faces Dire Future Without Corrective Measures
The Minister for Aviation, Khawaja Saad Rafique, issued a stern warning on Friday, stating that Pakistan International Airlines (PIA), the country’s national flag carrier, could be confronted with catastrophic losses of Rs 259 billion by 2030 unless immediate corrective measures are taken.
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Dar Directs Quick Resumption of PIA Flights to US, UK, and Europe
Islamabad, July 7, 2023 – Finance Minister Muhammad Ishaq Dar has called for immediate measures to facilitate the prompt resumption of Pakistan International Airlines (PIA) flights to the United States, United Kingdom, and Europe.
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PIA lowers fares for students flying to China
The national flag carrier, Pakistan International Airlines (PIA) has cut down fares for Pakistani students travelling from Pakistan to China with immediate effect.
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