pia News

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PIA shows Rs26bn profit, but actually in loss

Pakistan International Airlines (PIA) recorded a net loss of Rs4.6 billion last year, despite reporting an accounting profit of Rs26bn.

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Pakistan draws several bidders for loss-making national airline PIA

Pakistan’s move to privatize its national airline has attracted interest from several prominent players, including domestic carrier Airblue Ltd. and travel conglomerate Gerry’s Group.

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PIA resumes direct Dubai-Skardu flights today

Pakistan International Airlines (PIA) is set to resume direct flights from Dubai to Skardu, the scenic mountainous tourist destination....

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CCP recovers Rs10m fine from PIA over 2008 Haj fares

The Competition Commission of Pakistan (CCP) has recovered a long-standing penalty of Rs10 million from Pakistan International Airlines (PIA)...

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Govt eyes PIA privatisation as airline returns to profit

The government of Pakistan will invite expressions of interest (EOIs) next week for the sale of Pakistan International Airlines (PIA)...

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PIA Holding clarifies media misreporting of PIACL's financial statements

PIA Holding Company Limited (PSX: PIAHCLA) has issued a clarification regarding recent information circulated in electronic media, stating that the financial...

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CCoP fast-tracks PIAA privatization, approves 51-100% stake sale

The Pakistan Cabinet Committee on Privatization (CCoP) approved a fast-tracked plan to sell a 51-100% stake in Pakistan International Airlines Corp...

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PIA privatization likely in three months: Abdul Aleem Khan

The government is introducing a new roadmap to make Pakistan International Airlines (PIA) privatization more attractive...

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PIA shareholders approve statutory report, Remuneration Policy

The shareholders of PIA Holding Company Limited (PSX: PIAHCLA) have approved the statutory report of the company in the statutory meeting held on February 22...

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PIA proposes 'Remuneration Policy' for directors

PIA Holding Company Limited (PIAHCLA) has proposed a remuneration policy for directors, stipulating a payment of up to Rs 50,000 for attending each meeting...

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