PIA Privatization Archives

PIA Privatization

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

Faraz Ali Ansari2026-06-29

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

PIA handover delay as privatization consortium awaits management control transfer of Pakistan International Airlines

PIA Handover Delay Deepens as Winning Consortium Still Waits for Control

Faraz Ali Ansari2026-06-01

ISLAMABAD: PIA handover delay enters sixth month, even after completion of milestone privatization transaction with the successful bid group unable to exercise control over Pakistan International Airlines. Issues related to regulatory clearance and NOC delays remain hurdles to this process as concerns regarding the timing of this major privatization case arise. The timeline failures tell ... Read more