Aftab Maken ISLAMABAD: Pakistan International Airlines (PIA) has decided to carry out a fresh valuation of five of its major properties across the country and has invited applications from government-registered firms to undertake the assessment, in what appears to be part of broader efforts to improve transparency and manage its …
Read More »PIA privatization bidding set for tomorrow: Three contenders vie for 75% stake in national carrier
Aftab Maken ISLAMABAD: The privatization process for Pakistan International Airlines (PIA) is set to reach its climax tomorrow (December 23, 2025), with sealed bids to be submitted and opened in a live broadcast for transparency. The bidding will cover a 75% stake in the flag carrier, marking a crucial step …
Read More »PIA’s “profit”: A dangerous illusion masking deeper financial woes
Aftab Maken ISLAMABAD: Pakistan International Airlines (PIA) recently trumpeted a “profit” of Rs 13.1 billion for the first half of FY2025, a claim that, on the surface, might suggest a miraculous turnaround for the beleaguered national carrier. However, a deeper dive into the government’s own State-Owned Enterprise (SOE) report reveals …
Read More »
BeNewz