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Cleared for Take-Off: PIA's Shortlisted Bidders to Begin Due Diligence Next Week
7 Articles
7 Articles
Cleared for take-off: PIA's shortlisted bidders to begin due diligence next week
ISLAMABAD: Pakistan has moved a step closer to offloading its loss-making national carrier, as all four shortlisted investor consortiums are set to begin buy-side due diligence next week with access...
In the press's question this Saturday, if there were any discussions with the Government on this matter, the President of the Republic mentioned that he had previously been informed by Luis Montenegro.
PIA privatisation process geared up
The federal government has accelerated the privatisation process of Pakistan International Airlines (PIA), with four shortlisted consortiums set to visit the airline’s headquarters next week. According to insiders, these investor groups will be given detailed briefings at PIA Headquarters in Karachi. The briefings will cover various aspects, including human resources, financials, fleet size, as well as domestic and international operations. Seni…
PIA Privatisation Process Gains Momentum as Four Consortiums Prepare for Site Visits
KARACHI: The federal government is fast-tracking the privatisation of Pakistan International Airlines (PIA), with four shortlisted consortiums scheduled to tour the airline’s headquarters next week. Insiders reveal that these investor groups will receive comprehensive briefings at PIA’s Karachi headquarters. The sessions will include detailed discussions on human resources, financial status, fleet details, and operational aspects both domestical…
The Pakistani government approved four potential investors for the acquisition of Pakistan International Airlines (PIA), thereby strengthening its ambitions to privatize the company in financial difficulties. The Privatization Ministry confirmed on 9 July 2025 that bidders included two consortia and two individual entities. The pre-qualification of the four parties interested in the divestiture of PIA was approved by the President of the Prime M…
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