PIA privatization process to be finalized before April 15: Daniyal Aziz

Minister for Privatization, Daniyal Aziz Monday said the government was committed to finalize privatization process of core business of Pakistan International Airlines (PIA) before April 15.

Addressing a press conference here, the minister made it clear that the government will sell only core business relating to management and flight operation of the national flag carrier, whereas all other properties would remain in custody of the government.

The government was also planning to establish another company under which all the fixed assets of PIA would be managed, he said.

Daniyal ensured that during privatization process, all legal rights and monetary benefits of the employees of the airlines would be fully protected.