All articles tagged with #pakistan international airlines
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.
A consortium led by Arif Habib bid $482 million for a 75% stake in Pakistan International Airlines, marking a significant step in the country's efforts to privatize the airline as part of broader economic reforms tied to an IMF loan program.
Pakistan successfully sold a 75% stake in its debt-laden national airline, Pakistan International Airlines, to a consortium led by Arif Habib Limited for $482 million, marking a significant step in the government's privatisation efforts amid economic reforms and debt management.