A statement from the prime minister’s office outlined that the approved plan will bifurcate PIA into two companies: TopCo and HoldCo.
PIA
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KARACHI: As per reports from Pakistan Civil Aviation Authority (PCCA) sources, there’s anticipation that the ban imposed by the European Union and the United Kingdom on Pakistan International Airlines (PIA) …
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Economy
Significant developments anticipated in the real estate industry as Pakistan’s negotiations with the IMF approach their concluding stage
by Hamza Irshadby Hamza IrshadSources reveal that Pakistan guarantees the IMF its commitment to accelerate the privatization initiative. Pakistan has committed to the International Monetary Fund (IMF) that they will integrate the real estate …
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ISLAMABAD: The federal government has opted to extend the bidding deadline for outsourcing the country’s three primary airports by an additional 60 days. In a meeting chaired by Foreign Minister …
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Latest Updates
PIA Halts Gilgit-Islamabad Flights Due to Aircraft Malfunction
by Hamza Irshadby Hamza IrshadResidents and patients in Gilgit and neighboring areas are set to face travel disruptions as Pakistan International Airlines (PIA) temporarily suspends flights between Gilgit and Islamabad from February 3 to …
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Latest Updates
PIA Faces Bifurcation and Privatization as SIFC Greenlights Restructuring Plan Ahead of Elections
by Hamza Irshadby Hamza IrshadWith just a few days remaining until the general elections, the Special Investment Facilitation Council (SIFC), operating under the caretaker government, has given the go-ahead for the division of Pakistan …
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Latest Updates
PIA Faces Operational Challenges as Nine Aircraft Grounded Due to Spare Parts Shortage
ISLAMABAD: The prolonged delay in the privatization of Pakistan International Airline (PIA) has created a significant strain on the operational dynamics of the national carrier, with reports indicating that nine …
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The first recorded slip of a PIA crew member in 2024 took place in Canada, involving air hostess Faiza Mukhtar, who was assigned to PIA’s Toronto flight.
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Latest Updates
Senate approaching ICAO and EU Aviation Agency for the restoration of pilots’ licenses
Saleem Mandviwalla, Chairman of the Senate Standing Committee on Aviation, expressed intent to address the pilot’s license concerns with both ICAO and the European Union’s Aviation bodies.
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KARACHI: The privatization plan for Pakistan International Airlines (PIA) in the upcoming year has encountered obstacles, with the privatization commission reportedly unable to address issues related to loan repayments and …