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Tag Archives: PIA

PIA to revalue five key properties

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 …

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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 …

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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 …

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