Pakistan’s PIA Clarifies Misunderstanding Over Alleged PKR17 Billion Debt Default
Pakistan International Airlines (PIA) has recently addressed concerns surrounding a reported PKR17 billion rupee (USD60.8 million) debt repayment default. The… Read More »
Pakistan’s Privatisation Committee Aims to Expedite PIA’s Partial Privatisation Process
Pakistan’s Privatisation Committee is taking steps to accelerate the partial privatisation process of PIA – Pakistan International Airlines. The committee… Read More »
Ernst & Young Chosen to Advise on Partial Privatisation of Pakistan’s PIA
The Pakistani government has selected Ernst & Young, a multinational business consultancy firm, to lead a consortium as its financial… Read More »
Pakistan Continues Talks with Qatar over PIA Stake as Privatization Efforts Progress
The Pakistani government is actively engaging in discussions with the Qatari government regarding a potential stake in Pakistan International Airlines… Read More »
Pakistan’s PIA Nears Resolution in A320 Lease Dispute with $26 Million Payment
In a significant development, Pakistan International Airlines (PIA) is on the verge of settling a prolonged dispute with Asia Aviation… Read More »
Fly Jinnah Gains Government Approval for International Operations in Pakistan
Fly Jinnah (9P), based at Karachi International, has received the green light from the Pakistani government to commence scheduled international… Read More »
Pakistan’s PIA A320 Lease Dispute Resolution: ECC Approves PKR 8 Billion Financing
In a significant breakthrough, Pakistan’s Economic Coordination Committee (ECC) has reportedly given the green light for bridging finance of PKR… Read More »
Airlines from around the world are joining in rescue operation in Turkey
When a major natural disaster strikes, aircraft, whether military or commercial, become an essential component of the relief effort. This… Read More »