Tag: Pakistan International Airlines

Cash-Strapped Pakistan Likely To Privatize National Flag Carrier: Report

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Cash-strapped Pakistan is likely to privatize its national flag carrier by the first week of August, a media report said on Wednesday. The much-anticipated privatization of Pakistan International Airline (PIA) has been on top of the agenda of the government after the groundwork was completed by the caretaker government that was in place to organize…

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Pakistan to privatise all state-owned firms, except strategic enterprises: PM Sharif

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Pakistan’s Prime Minister Shehbaz Sharif. File | Photo Credit: Reuters Cash-strapped Pakistan will privatise all state-owned enterprises, including the loss-making Pakistan International Airlines, Prime Minister Shehbaz Sharif announced on May 14, broadening the government’s initial plans to make only loss-making state firms private. The announcement to privatise state-run enterprises barring strategic ones comes a day…

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Pakistan International Airlines Partially Restores Cancelled Flights

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Aviation experts believe the airline’s poor state of affairs was mainly due to overstaffing Lahore: Pakistan International Airlines has resorted to widespread flight cancellation, leaving thousands of passengers in distress as the national flag carrier’s financial situation went from bad to worse.Since Sunday, the airline has cancelled around 77 international and domestic flights due to…

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