pia

Govt backtracks; agrees to making principal, interest payments from budget

Privatisation efforts stall as finance minister counteroffers 10% interest

Several flights diverted and cancelled

Govt yet to decide process of selling airliner, fails to acquire statutory audit

Government’s claim that it will protect jobs of PIA employees is also problematic

Cleanses its balance sheet by transferring most of Rs825b to holding company

Meets envoys of Africa, Southeast Asian nations

Report reveals NHA tops list of these state-owned firms

Proposes bank settlement with privatisation proceeds

Consortium of six commercial banks offered Rs15 billion in new loans to PIA

Updated list shows 10 state-owned power distribution companies in active privatisation list

Under new rules, state assets can be sold to foreign nations via direct negotiations

President issues ordinance to avoid delays in sale of assets, resolve disputes

Delayed salaries heighten uncertainty among national carrier's workforce

Key official tells committee decision to privatise PIA is final

PM sees free, fair elections on Feb 8

Airbus A320 aircraft returns from Jakarta after on Tuesday night

Aircraft to be released upon $13 million payment each by PIA

Finance minister rejects proposals, extends deadline for technical committee

National airline suspends flight attendant, urges Toronto authorities to take action

Madina-bound flight safely diverted back to Karachi Airport's runway

Privatisation board establishes committee to conclude financial services deal

Revenue body says decision does not preclude pursuit of 'recovery proceedings'

Taxman takes action in view of non-payment Rs55b federal excise duty

Authority says move will reduce expenses of national airline in terms of monthly rent

Privatisation minister reveals difficulties faced in putting together a credible PIA board

Sees PML-N’s involvement in ‘selected’ privatisation

PC board approves Ernst & Young-led consortium for sale by Feb end

Allows recovery of Rs1.72 tariff hike from K-Electric consumers

Pakistan directly sent documents to top 25 firms using Table of League mechanism

Effective immediately, the national flag carrier has cut the fares by a total of Rs7,000

National flag carrier, which had been recently grappling with fuel supply issues, made a payment of Rs50m to PSO

Pakistan's PIA airline resumes flights with extended credit for fuel purchases amid financial troubles

VSS and segregation of functions are insufficient to make airline profitable again

PSO to extend credit facility of Rs500m to facilitate airline operations

PIA cancelled 537 flights due to shortage of fuel in the past 11 days

IMF commitment drives decision as airline struggles with debt, legal disputes

National flag carrier hit hard by fuel crisis

Aim to keep struggling airline operational for six months with limited flights

National flag carrier cancels a whopping 72 flights in single day

Many flights of national flag carrier cancelled

Increase their domestic fares by up to 30%

Pays Rs150 million to PSO on Wednesday for fuelling 26 flights

Pays Rs150 million to PSO on Wednesday for fuelling 26 flights

Thousands of commuters suffer flight delays amid fuel shortage

Concerns have arisen about partial or complete suspension of flight operations

PIA has about 11,000 staff right now and 37 planes, although only 22 are operational

Fawad says PSM is a dead asset; DISCOs’ one-step privatisation no longer possible because of various factors

Aims to fast-track sale of loss-making entity within four months

Minister Fawad discusses govt's privatisation agenda with Benhassine