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...

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...

PIA to embark on strategic restructuring for enhanced market appeal

In order to enhance its appeal to potential buyers in the aviation industry, Pakistan International Airlines (PIACL) is....

Privatization Commission inks agreement for PIAC divestment

A Financial Services Agreement (FASA) was signed on Wednesday between the Privatization Commission and the Financial Advisor....

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...

Private Airlines' fare hike sparks cartel fears amidst PIAC's operational challenges

Amidst Pakistan International Airlines Corporation's (PIAC) operational challenges, it appears that private airlines have formed a cartel..

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...

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...

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)...

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...

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...

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...

PIA to issue 10-yr Sukuk worth Rs20bn

PIA to issue 10-yr Sukuk worth Rs20bn

PIA appoints Mr Aslam Khan as Chairman

PIA appoints Mr Aslam R. Khan as Chairman

PIA to upgrade in-flight entertainment system of its Boeing-777 aircrafts - ECC

PIA to upgrade in-flight entertainment system of its aircrafts

PIA's business plan to be ready by March end

PIA business plan to be ready by March end

ECC approves additional Rs. 20 billion for PIA

ECC approves additional Rs. 20 billion for PIA

PM chairs Cabinet Committee on Privatization

PM chairs Cabinet Committee on Privatization

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

PIA to begin new flights to China and Saudi Arabia

PIA to begin new flights to China and Saudi Arabia

Government adds 18 aircrafts in PIA during four years: Javed Ikhlas

Government adds 18 aircrafts in PIA during four years: Javed Ikhlas

No plan underway to privatize PIA: Jam Mehtab Abbassi

No plan underway to privatize PIA: Jam Mehtab Abbassi

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

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

Public sector companies debt reaches whopping Rs 964 billion as of March 2017