piaa News

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 won't be sold cheap: Abdul Aleem

Federal Minister for Privatization, Board of Investment & Communications, Abdul Aleem Khan, stated that Pakistan International Airlines is a national asset...

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PIA owes Rs40bn to employees' trust fund, law firm warns buyers

Pakistan International Airlines (PIA) is currently indebted to the PIA Employees' Pension Trust Fund for approximately Rs40 billion...

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Financial advisors appointed for PIA, DISCOs, Roosevelt hotel

The Privatization Commission Board in its Board meeting held yesterday approved the appointment of Financial Advisors for Pakistan International Airlines...

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PIA's outstanding debt rises to Rs190bn in FY24

The outstanding domestic debt of Pakistan International Airlines Corporation (PIA) as a Public Sector Enterprise (PSE) increased by Rs5 billion or 2.7%...

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PIA delays final bidding by two months

Pakistan has delayed the final auction for state-owned Pakistan International Airlines by two months until the end of September...

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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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PSO's recoveries from SNGPL improve amid gas price hike

Pakistan State Oil Company Limited’s (PSX: PSO) recoveries from Sui Northern Gas Pipelines Limited (SNGPL) have improved following recent gas price increases...

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PIA privatization update: Arif Habib among shortlisted bidders

Arif Habib Corporation Limited (PSX: AHCL) has been pre-qualified to participate in the bidding process for Pakistan International Airlines (PIA)...

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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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PIA's last trading day on PSX scheduled for May 24 prior to delisting

Pakistan International Airlines Corporation (PSX: PIAA) Limited has announced May 25, 2024, as the final date of Book Closure (notified through PUCARS)...

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Fly Jinnah, Air Blue, Habib Corporation & 5 others submit EOI for PIA

Federal Minister for Privatization, Board of Investment and Communications Abdul Aleem Khan has said that the time for extension for offers for the...

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PIA's Al Ain to Turbat flight launch boosts Pakistan-UAE collaboration

The launch of the Pakistan International Airlines (PIA) flight from Al Ain airport to Turbat, Baluchistan, has opened new avenues for further collaboration....

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PIA leads list of 24 institutions set for privatization, live broadcast announced

Federal Minister Abdul Aleem Khan announced on Wednesday that the government has decided to privatize 24 institutions, with Pakistan International...

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PIA-HoldCo scheme of arrangement secures regulatory approval

Following the Competition Commission of Pakistan (CCP)'s authorization, the Securities and Exchange Commission of Pakistan has also approved the Scheme...

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CCP approves PIA acquisition by Holdco

The Competition Commission of Pakistan (CCP) has approved a Scheme of Arrangements for the acquisition of 100% shareholding of Pakistan International...

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PIA privatization advances as CCP approves restructuring scheme

The privatization process of Pakistan International Airlines Corporation Limited (PIACL) crossed another milestone, as the Competition Commission of...

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Govt extends deadline for bids on Pakistan's national airline

The Privatisation Commission Board on Thursday approved an extension of the date for submission of interests for the divestment of Pakistan....

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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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Former Senate Chairman criticizes PIA privatization as 'Clandestine Operation'

The privatization of Pakistan International Airlines (PIA) seems to be a clandestine operation where the details have not been shared only with the...

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PIA's restructuring spells opportunity for investors, asserts Privatization Minister

Pakistan International Airlines Corp (PIAA) is a very attractive opportunity for both local and international investors especially after the....

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Govt & PIA Holdco invite bids to sell majority stake in PIACL, deadline May 03

The government along with PIA Holding Company Limited (PIA Holdco) has invited Expressions of Interest (EOI) from prospective investors to acquire between....

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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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PM Shehbaz Sharif urges Privatization Ministry to finalize PIA sell-off

The newly elected Prime Minister Shehbaz Sharif has directed the Privatization Ministry to present the final schedule of the implementation of the....

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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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PIA inducts one A320 aircraft into its fleet post resolution of payment issue

The Pakistan International Airlines Corp (PSX: PIAA) on Wednesday successfully inducted one of its two A320 aircraft into its fleet...

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PIA suffers Rs42bn loss, up by 67% in 1HCY22

PIA suffers Rs42bn loss, up by 67% in 1HCY22

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PIA resumes Islamabad - Lahore flight service

PIA resumes Islamabad - Lahore flight service

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PIA seeks govt’s support as Malaysian court holds back its aircraft over legal dispute

PIA seeks govts support as Malaysian court holds back its aircraft over legal dispute

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Saudi Arabia permits PIA to operate two new flights to Al-Qassim

Saudi Arabia permits PIA to operate two new flights to Al-Qassim

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Saudi Arabia permits PIA to operate two new flights to Al-Qassim

Saudi Arabia permits PIA to operate two new flights to Al-Qassim

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PIA posts 35% decline in net revenues during 9MCY20

PIA posts 35 decline in net revenues during 9MCY20

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PIA posts 35% decline in net revenues during 9MCY20

PIA posts 35 decline in net revenues during 9MCY20

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PIA announces to reduce fares for its domestic flights

PIA announces to reduce fares for its domestic flights

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ECC allows timely settlement of Roosevelt Hotel’s loan

ECC okays timely settlement of Roosevelt Hotels loan

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PIA – An earth bound misfit?

PIA An earth bound misfit

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CCOP directs to appoint FA for Roosevelt Hotel New York

CCOP directs to appoint FA for Roosevelt Hotel New York

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PIA announces reduction in fares for all domestic flights

PIA announces reduction in fares for all domestic flights

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PIA suspends Flight Operations

PIA suspends Flight Operations

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Supreme Court allows Arshad Malik to remain the CEO of PIA

Supreme Court allows Arshad Malik to remain the CEO of PIA

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Better management - PIA curtails financial deficit by 65.6%

Better management PIA curtails financial deficit by 65.6\n

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PIA losses decrease to Rs 11 billion: Senate told

PIA losses decrease to Rs 11 billion Senate told

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Direct flight operation between China, Pakistan resumes

Direct flight operation between China Pakistan resumes

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Pakistan International Airlines moved from Defaulters segment to Normal Counter

Pakistan International Airlines moved from Defaulters segment to Normal Counter

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PIA’s Chief Executive restrained by the Supreme Court from working in the capacity of CEO

PIAs Chief Executive restrained by the Supreme Court to work in the capacity of CEO

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PIA enters into partnership with AccesRail to facilitate passengers

PIA enters partnership with AccesRail to facilitate passengers

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PIA issues clarification over the misunderstanding created by CEO's statement

PIA issues clarification over the misunderstanding created by CEOs statement

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PIA’s annual losses expand by 31%

PIAs annual losses expand by 31

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PIA’s operational losses slashed by half as management strives to revive the airline

PIAs operational losses slashed by half as management strives to revive the airline

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Supreme Court seeks PIA's response over NAB report

Supreme Court seeks PIA response over NAB report

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PIA launches mobile App for seat reservation

PIA launches mobile App for seat reservation

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PIA to resume flights operation for Malaysia from Oct 14

PIA to resume flights operation for Malaysia from Oct 14

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‘PIA moving on the right track without any outer influence and pressure’: official

PIA moving on the right track without any outer influence and pressure official

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PIA announces to reduce 10% of fare on all domestic routes on defense day

PIA announces to reduce 10 of fare on all domestic routes on defense day

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Hafeez Shaikh urges PIA to pursue independent, sustainable business plan

Hafeez Shaikh urges PIA to pursue independent sustainable business plan

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PIA incurs appalling losses in 2017

PIA incurs appalling losses in 2017

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PIA to face suspension of shares trading upon failure to rectify its defaults

PIA to face suspension of shares trading upon failure to rectify its defaults

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Marketing plan for PIA being prepared to revive national flag carrier

Marketing plan for PIA being prepared to revive national flag carrier

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PIA announces massive cut in fares on Beijing-Islamabad-Beijing route

PIA announces massive cut in fares on Beijing-Islamabad-Beijing route

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ECC meeting to discuss Government Support required by PIA

ECC meeting to discuss Government Support required by PIA

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Govt taking several steps for revival of PIA: NA Speaker

Govt taking several steps for revival of PIA NA Speaker

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Govt initiates plans to restructure PIA: Senate told

Govt initiates plans to restructure PIA Senate told

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Shahrukh Nusrat appointed as Director on PIACL Board

Shahrukh Nusrat appointed as Director on PIACL Board

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Five-year plan to be prepared in next three months to turn PIA fortunes: CEO PIA

Five-year plan to be prepared in next three months to turn PIA fortunes CEO PIA\n

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Prime Minister assures govt’s full support in reviving PIA

Prime Minister assures govts full support in reviving PIA

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PIA appoints Mr. Noor Ahmed as Director

PIA appoints Mr. Noor Ahmed as Director

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SC directs AGP to audit PIA within ten weeks

SC directs AGP to audit PIA within ten weeks

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Vigorous efforts being made to revamp PIA: NA informed

Vigorous efforts being made to revamp PIA: NA informed

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PIA decides to shun discretionary powers

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Fifth Airbus enters fleet of Shaheen Air International

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PIA confirms financial irregularities

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PIA launches mobile Apps, online check-in facility for passengers

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PIAC to commence operation in Central Asian states soon

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2.05%
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1,023.63M
1.53%
1202.91
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121.90M
2.49%
951.21
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131.16M
1.10%
2029.11
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553.60M
0.81%
438.07
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9.77M
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188.60
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105,440.00
585.00
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67.05
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97.50
0.70
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103.80
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998.50
0.00
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65.34
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15.55
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