Friday, April 25, 2025
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Govt Plans to Retain 49% Ownership: PIA Privatisation Effort Continues

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Minister for Privatisation Abdul Aleem Khan led discussions on Pakistan International Airlines’ (PIA) divestment during a meeting on Thursday.

The Privatisation Commission’s pre-qualification committee greenlit the evaluation of pre-bids, marking a significant step in the privatisation process.

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Khan emphasized the appeal of this opportunity to both local and international investors, highlighting it as a strategic move to alleviate the national carrier’s burdens from the country’s balance sheet.

Read more: Gulf Nations Eye Purchase of Pakistan’s National Carrier, PIA

With a month-long bid deadline, the government aims to maintain a majority stake in PIA, retaining 49% of shares while offering the remaining 51% to potential investors.

This move signals a concerted effort to attract investment while ensuring continued administrative control over the airline’s operations.

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As the privatisation journey progresses, reports indicate that the national airline will be awarded to the highest bidder.

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