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Tag: PIA

Pakistan International Airlines

PIA Will Get Higher Bids After EASA Lifts Ban: Khawaja Asif

November 30, 2024November 30, 2024Mrs. Anjum Shahnawaz

Sialkot, November 30, 2024 – Aviation Minister Khawaja Asif welcomed the European Commission and the European Aviation Safety Agency’s (EASA) decision to lift the suspension on Pakistan International Airlines (PIA), expressing optimism about its positive impact on the privatization process of the indebted national carrier.

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Pakistan International Airlines

EASA Lifts Ban on PIA After Four Years

November 29, 2024November 29, 2024Mrs. Anjum Shahnawaz

The European Union Aviation Safety Agency (EASA) has officially lifted the four-year ban on Pakistan International Airlines (PIA), marking a significant milestone for Pakistan’s aviation sector.

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Pakistan International Airlines

Minister Welcomes Provincial Participation in PIA Privatization

November 3, 2024November 3, 2024Mrs. Anjum Shahnawaz

In a recent press conference, Federal Minister for Privatization, Board of Investment & Communications, Abdul Aleem Khan, welcomed potential participation from provincial governments in the ongoing privatization process of Pakistan International Airlines (PIA).

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Pakistan International Airlines

Live Bidding for PIAC Privatization to Be Broadcast on October 1, 2024

September 25, 2024September 25, 2024Mrs. Anjum Shahnawaz

ISLAMABAD, September 25, 2024 — The much-anticipated bidding process for the privatization of Pakistan International Airlines Company (PIAC) will be shown live on media on October 1, 2024, following approval by the federal cabinet.

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Pakistan International Airlines

Pakistan Intensifies Efforts to Revive PIA UK Flights: Dar

September 7, 2024September 7, 2024Mrs. Anjum Shahnawaz

Islamabad, September 7, 2024 – Deputy Prime Minister and Foreign Minister, Mohammad Ishaq Dar, announced on Saturday that the government is making all-out efforts to restore Pakistan International Airlines (PIA) flights to and from the United Kingdom.

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Pakistan International Airlines

Finance Bill 2024 Sweetens PIA Privatization

June 18, 2024June 18, 2024Shahnawaz Akhter

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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Pakistan International Airlines

PIA Divestment Moves Forward: Six Parties Pre-Qualify

June 4, 2024June 4, 2024Mrs. Anjum Shahnawaz

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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Pakistan International Airlines

PIA Poised to Resume European Flight Operations

May 11, 2024May 11, 2024Shahnawaz Akhter

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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Pakistan International Airlines

PIA Privatization Final Schedule Ordered by PM Shehbaz Sharif

March 7, 2024March 7, 2024Mrs. Anjum Shahnawaz

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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Pakistan International Airlines

FBR Freezes Bank Accounts of National Flag Carrier for Rs 2.76 Billion Recovery

November 29, 2023August 27, 2025Shahnawaz Akhter

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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