Pakistan has completed a historic privatization of its national carrier, Pakistan International Airlines, selling a 75% controlling stake to a private consortium. The deal marks a turning point for ...

ISLAMABAD (Reuters) -Two of Pakistan's leading business groups and a company backed by the powerful military will bid for the country's ailing national carrier, a divestment the government hopes will ...

ISLAMABAD — A consortium led by a Pakistani investment firm acquired a 75% stake in state-run Pakistan International Airlines on Tuesday during a televised auction, marking a major step in the ...

ISLAMABAD: Pakistan International Airlines (PIA) is scheduled to be formally transferred to its new owners on May 25, according to sources in the Privatisation Commission. The development marks the ...

PIA Holding Co., the national airline of Pakistan, is set to report its first annual profit in more than two decades ahead of plans to sell the national carrier, according to documents seen by ...

Pakistan plans to sell a controlling stake in the national flag carrier, a long-struggling enterprise central to the government’s privatization drive. Pakistan International Airlines will see 75% of ...

Pakistan International Airlines (PIA) is returning to the UK market later this month after a five-year ban, restoring nonstop flights between Islamabad and Manchester Airport (MAN). The move comes as ...