PIA bidding Archives

Business

Eight parties submitted their expression of interests, but only five of them provided documents of qualification.

Pakistan

Government will seek fresh bids for the sale of PIA, Privatization advisor said two days after the airline reported its first annual profit.

Pakistan

The last time PIA reported a profit was in 2003. Since then, the airline had been mired in financial trouble, accumulating heavy losses.

Pakistan

Karachi traders have also shown interest in acquiring PIA after the Khyber Pakhtunkhwa government and PML-N interest for the airline

Business

The bidding process for the privatisation of Pakistan International Airlines (PIA) is set to take place in the first week of August.