pia News

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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PIA’s 1st flight to Gwadar on Jan 20

Pakistan International Airlines (PIA) will operate its first-ever flight to the New Gwadar International Airport on January 20, 2025, marking a significant...

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PIA's first flight to Paris in 4 years fully booked

Pakistan International Airlines (PIA) has received a warm response from the public for its Paris flight...

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Pak-France strengthening ties, PIA set to fly to France again

Pakistan and France aim to strengthen bilateral cooperation by resuming Pakistan International Airlines (PIA) flights to France, the French Ambassador to...

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Pakistan invites Azerbaijan to take part in PIA privatization

Pakistan has offered the government of Azerbaijan to take part in the privatization of unprofitable flag carrier Pakistan International Airlines Corporation Ltd

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Blue World City submits Rs10bn bid for stake in PIA

Blue World City submitted a bid of Rs10 billion for a stake in Pakistan International Airlines (PIA)...

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PIA gets just one bid from shortlist

Pakistan received just one bid for a stake in the national carrier as five other consortiums stayed away from one of the country’s major privatization...

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PIA privatization final draft prepared: 60% shares to be sold on Oct 1

The final draft for Pakistan International Airlines' privatization has been prepared, with 60% of the carrier’s shares set for sale on October 01...

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PIA privatization to conclude by end of Oct

The privatisation process of the Pakistan International Airlines (PSX: PIA) would be completed by the end of October 2024...

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Pakistan aims to retain stake in PIA after sale

Pakistan plans to retain a stake in state-owned Pakistan International Airlines to benefit from an increase in value after the sale...

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Govt sets August 2024 deadline for PIA privatisation

The Privatization Commission (PC) expects to conclude the privatization process of Pakistan International Airlines (PIA) by August 2024...

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PIA bidder seeks partnership over stake sale

A bidder for Pakistan International Airlines has suggested the government seek a partner rather than sell stake in the carrier...

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PIAHCL listing date set for May 27

Shares of PIA Holding Company Limited (PIAHCL) will be listed on the Pakistan Stock Exchange with effect from Monday, May 27, 2024...

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PIAHCL shares to open at PIA’s closing price

The price of PIA Holding Company Limited (PIAHCL) shares at Pakistan Stock Exchange will be the same as the closing price of Pakistan International Airlines...

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Global aviation groups bid for PIA stake

Pak Ethanol (Private) Limited has formed a national consortium, in collaboration with leading international aviation groups, to bid for PIA...

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Govt to privatize all SOEs, except strategic entities

Pakistan will privatize all state-owned enterprises, with the exception of strategic entities, Prime Minister Shehbaz Sharif announced on Tuesday...

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Arif Habib, Gerry’s Group among bidders for PIA majority stake

Tycoon Arif Habib and Gerry’s Group are among the initial ten bidders seeking to purchase a majority stake in state-owned Pakistan International Airlines...

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Seven international investors express interest in PIA

Seven international investors including Germany, France, Netherlands, Qatar, UAE, Malaysia, and Turkiye have shown their interest in PIA...

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PIA board greenlights privatization, restructuring plan

The Board of Directors of the Pakistan International Airlines Corp (PSX: PIAA) has approved the company’s restructuring and privatization plan...

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Govt moves forward with PIA privatization

The government has officially initiated the privatization process of Pakistan International Airlines Corp (PSX: PIA), and has issued a gazette notification...

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PIA's sky-high rally takes a breather

Pakistan International Airlines Corp's (PSX: PIA) relentless rally took a breather on Friday after surging past record highs yesterday...

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Finance Minister updates UAE ambassador on PIA privatization progress

The newly elected Minister for Finance & Revenue, Muhammad Aurangzeb dicussed the progress made with the government's privatization program, specifically...

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Financial advisors update privatization minister on PIA divestment progress

The financial advisors, a consortium led by Earnest & Young, on Thursday briefed the Federal Minister for Privatization, Abdul Aleem Khan regarding...

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PIA to split into two units as cabinet approves privatization

The federal cabinet has approved the restructuring of Pakistan International Airlines (PIA) on the recommendation of the Privatization Commission...

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PIA enters joint venture for Roosevelt Hotel with JLL-led consortium

A financial Advisory Services Agreement (FASA) was signed on Friday with a consortium led by Jones Lang La Salle Americas Inc (JLL) for joint venture....

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Pakistan seals deal to privatize PIA ahead of election

Ahead of elections next week, Pakistan's caretaker administration is making binding plans for a new government to sell loss-making Pakistan...

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Financial Advisor unveils comprehensive business plan for PIA divestment

Earnest & Young, the Financial Advisor for divestment of Pakistan International Airlines Corp (PSX: PIAA) presented a business plan on Thursday that....

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PIA's wings get unclipped

After residing in a dull spot for an extended period, Pakistan International Airlines Corp (PIA) has finally emerged into the spotlight as the market...

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Advisors propose divestment in PIA's core aviation services through legal segregation

The Financial Advisors on Monday presented a proposal for the legal segregation of the Pakistan International Airlines Corp (PIACL) aimed...

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Government aims to finalize PIA bidding within six weeks

The government's aim is to complete the Pakistan International Airlines (PIA) privatization bidding process within six weeks, subject to legal requirements...

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PSO fuels 22 PIAC's flights today

Pakistan State Oil (PSO) has supplied fuel for twenty-two international flights operated by Pakistan International....

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ECC approves Rs8bn bridge financing for PIAC

The Economic Coordination Committee (ECC) on Friday approved the proposal for bridge financing worth Rs8 billion for Pakistan...

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PIA resumes some flights after partial payment to PSO

Pakistan International Airlines (PIA) has resumed some of the flights after making partial payments to Pakistan State Oil (PSX: PSO) for the supply of jet...

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Private Airlines not capitalizing on PIA's woes, investigation reveals

The allegations surrounding private airlines raising fares amid Pakistan International Airlines (PIA) operational struggles...

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PSO receives Rs155m debt payment from PIAC, supplies Rs195m worth fuel

Pakistan State Oil Company Limited (PSX: PSO) is making progress in recovering its outstanding dues...

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PSO recovers Rs2.5bn from PIA, but dues remain high

Pakistan State Oil Company Limited (PSX: PSO) has continued to make progress in recovering its outstanding dues from Pakistan International Airlines (PIAC)...

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PSO receives Rs150m from PIA, debt recovery continues

Pakistan State Oil Company Limited (PSX: PSO) is making progress in recovering its outstanding dues from Pakistan International Airlines...

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PSO makes headway in debt recovery from PIAC

Pakistan State Oil Company Limited (PSX: PSO) continues to recover its outstanding dues from Pakistan International Airlines (PIAC), with a payment of...

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PSO recovers Rs625m from PIAC in two days

Pakistan State Oil Company Limited (PSX: PSO) has made notable progress in recovering outstanding dues from Pakistan International Airlines (PIAC), totaling...

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PSO resumes fuel supply to PIAC after partial payment

Pakistan State Oil Company Limited (PSX: PSO) has restored the fuel supply to Pakistan International Airlines (PIAC) amid Rs20 million in dues paid by PIAC...

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CCoP to form technical committee to address PIA privatization bottlenecks

The Cabinet Committee on Privatization (CCoP) on Wednesday decided to establish a technical committee to address bottlenecks in the privatization and....

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CCoP approves privatization of PIA

The Cabinet Committee on Privatization (CCoP) has chosen to incorporate Pakistan International Airlines Co. Ltd (PIACL) into the list of ongoing privatization..

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PIA flights to UK to resume by October: Ishaq Dar

The flights of Pakistan International Airlines (PIA) to the United Kingdom (UK) would resume by October, said the Federal Minister for Finance and Revenue....

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Amendments in aviation laws crucial for resumption of PIA flights to international destinations

For the resumption of PIA flights to the USA, UK and Europe, necessary amendments required in the aviation laws/ordinances to improve the standards of the aviat

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Govt decides to offer 51% stakes in PIA, Roosevelt to Qatar

Govt decides to offer 51% stakes in PIA, Roosevelt to Qatar

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PIA inducts another Airbus-320 in its fleet

PIA inducts another Airbus-320 in its fleet

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PIA to operate direct flights to Australia from April 22

PIA to operate direct flights to Australia from April 22

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PIA starts commercial cargo flights between Kashgar-Islamabad

PIA starts chartered commercial cargo flights between Kashgar-Islamabad

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Govt committed to revive PIA's past glory: Shaukat Tarin

Govt committed to revive PIA's past glory: Shaukat Tarin

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FBR unfreezes PIA bank accounts

FBR unfreezes PIA bank accounts

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PM directs to improve performance of PIA

PM directs to improve performance of PIA

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PIA preparing to restart Europe operations, minister says

PIA preparing to restart Europe operations, minister says

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Financial losses of PIA reduced to Rs34.64 bln in 3 years

Financial losses of PIA reduced to Rs. 34.64 bln in 3 years

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50th PIA special plane airlifts Covid-19 vaccine from China to Pakistan

50th PIA special plane airlifts Covid-19 vaccine from China to Pakistan

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PIA plane carrying one million doses of Sinovac vaccine arrives in Islamabad

PIA plane carrying one million doses of Sinovac vaccine arrives in Islamabad

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PIA's net losses wither by 34% YoY during CY20

PIA net losses wither by 34YoY during CY20

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PIA issues clarification on news item regarding its restructuring plan 2021 with revamp of entire airline

PIA issues clarification on news item regarding its restructuring plan 2021 with revamp of entire airline

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PIA signs cargo charter with Oriental Sky Aviation

PIA signs cargo charter with Oriental Sky Aviation

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PIA signs cargo charter with Ryanair

PIA signs cargo charter with Ryanair\n

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U.S. bans Pakistan International Airlines flights over pilot concerns

U.S. bans Pakistan International Airlines flights over pilot concerns

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PIA resuming regular flight operations to UAE from today

PIA resuming regular flight operations to UAE from today

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FM stresses need for review of EASA's decision about PIA flights into Europe

FM stresses need for review of EASAs decision about PIA flights into Europe

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PM emphasizes the need to expedite reforms and restructuring process of PIA

PM emphasizes the need to expedite reforms and restructuring process of PIA

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PIA and Serene to operate domestic flights from May 16

PIA and Serene to operate domestic flights from May 16

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PIA making efforts to overcome DOC losses on int’l routes

PIA making efforts to overcome DOC losses on intl routes

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PIA: Drowning in losses

PIA Drowning in losses

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PIA distances itself from figures quoted in media blog, announces AGM on Dec 21

PIA distances itself from figures quoted in media blog, announces AGM on Dec 21

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Privatization: A flickering light in dark, scary storm

Privatization A flickering light in dark scary storm

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PIA suffers losses on Beijing to Tokyo flight routes, flight suspension on cards

PIA suffers losses on Beijing to Tokyo flight routes flight suspension on cards

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PIA’s sale mounts to Rs 9.5 billion in Oct after system change

PIAs sale touches Rs 9.5 billion in Oct after system change

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CEO of PIA Saqib Aziz steps down from his position

CEO of PIA Saqib Aziz steps down from his position

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PSO receivables mount to Rs. 308.8 billion; up 7.67 percent in ten months

PSO receivables mount to Rs. 308.8 billion; up 7.67 percent in ten months

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National Airlines deficit declines from 32 billion to 26 billion: NA Body informed

National Airlines deficit declines from 26 billion to 32 billion: NA Body informed

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Government to sell 49 percent stake in PIA by April 15, 2018

Government to sell 49 percent stake in PIA by April 15, 2018

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49% stake in PIA, 18.3% of Mari Petroleum to be divested before General Elections: Daniyal Aziz

49% stake in PIA, 18.3% of Mari Petroleum to be offloaded before General Elections: Daniyal Aziz

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PIA to begin new flights to China and Saudi Arabia

PIA to begin new flights to China and Saudi Arabia

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Emirates denies any interest in buying PIA stake

Emirates denies any interest in buying PIA stake

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Aviation moot concludes with resolution of regaining lost glory of aviation sector

Aviation moot concludes with resolution of regaining lost glory of aviation sector

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PIA sells 05 old A310 engines for more than Rs. 27 crores

PIA sells 05 old A310 engines for more than Rs. 27 crores

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Dr Musharraf Rasool appointed, first CEO of PIACL

Dr Musharraf Rasool appointed, first CEO of PIACL

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PSO stops fuel supply of PIA over non-payment of dues

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Name Price/Vol %Chg/NChg
KSE100 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 107,610.00 108,105.00
107,505.00
-625.00
-0.58%
BRENT CRUDE 66.43 66.63
66.34
-0.31
-0.46%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.80 65.02
64.67
-0.31
-0.48%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%


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