Pakistan's Sale of National Airline Sparks Political and Public Debate
TL;DR Summary
Pakistan's government sold a majority stake in its national airline, PIA, for $482 million to a consortium led by Arif Habib Limited, amid ongoing debates over transparency, military involvement, and the airline's future prospects, as part of a broader effort to privatize loss-making state enterprises under IMF pressure.
Topics:world#aviation-industry#business#military-influence#pakistan#pakistan-international-airlines#privatization
- Why is the sale of Pakistan’s national airline stirring a political storm? Al Jazeera
- Pakistan sells indebted state carrier in privatisation win Financial Times
- Flag carrier PIA to be run by new owners from April, says Pakistan official Reuters
- PIA: ready for take-off Dawn
- Pakistani auctions its state airline live on TV BBC
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