/ Jul 13, 2026
CATEGORIES:

Aviation

privatisation stake transfer complete as PIA Equity Limited acquires 66.67% of PIACL.

PIA Privatisation Reaches New Phase as Investor Secures 66.67% Stake in PIACL

This marks an important landmark in the process of privatization by Pakistan International Airlines. As per reports from Pakistan International Airlines Holding Company, it has made its first move on the Share Purchase and Subscription Agreement, which now means that Pakistan International Airlines Corporation Limited has been transferred majority stake to the winning bidder. Stake ... Read more
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PIA privatization as the Arif Habib-led consortium takes management control of Pakistan International Airlines after the first financial closing.

Arif Habib Takes Control of PIA as Rs90 Billion Investment Marks Historic First Closing

ISLAMABAD: A new era officially begins for Pakistan’s national skies. Today, the Privatization Commission pulled the curtain back on a historic transition, handing the steering wheel of the Pakistan International Airlines Corporation Limited (PIACL) to the Arif Habib Corporation-led consortium. This move effectively ends decades of state-run turbulence and marks the first financial closing of ... Read more
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