BeNewz Report ISLAMABAD: Senate Standing Committee on Privatization was informed that the Fauji Foundation is not part of the Arif Habib consortium set to acquire Pakistan International Airlines (PIA), while the government will retain a 25 percent stake in the national carrier valued at Rs45 billion. The briefing was given …
Read More »UAE abandons Islamabad airport outsourcing
Aftab Maken ISLAMABAD: For Pakistan’s aviation sector, the government has officially shelved a high-profile plan to hand over management and operations of Islamabad International Airport (IIAP) to the United Arab Emirates (UAE), following Abu Dhabi’s repeated failure to nominate a partner. The decision marks the end of months of negotiations …
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