Expressions of interest for the privatization of PIA have been invited till May 3
Expressions of interest for privatization of Pakistan International Airlines (PIA) have been invited till May 3.
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According to sources, the successful bidder for privatization will also be given administrative control of PIA and the process of privatization will be completed by June 24.
IMF has imposed the condition of privatization of PIA in the current financial year.
According to the Privatization Commission, an application can be made for acquisition of 51 to 100 percent stake.In the year 2023, more than 2 crore passengers traveled in PIA.