US
Operational profits, European flight resumption mark pivot towards privatisation
May 3 deadline for submission of Statements of Qualification by investors
Decision comes as an extension of government's broader austerity policies
Federal government, CAA, PC and others made parties in the petition
Solution to challenges lies in emulating PSEs featuring in Fortune 500
Provisional law to stop high courts from entertaining cases related to privatisation of state’s assets
VSS and segregation of functions are insufficient to make airline profitable again
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
We need to erect a sound legal and prudent decision-making forum to ensure right prize for dwindling assets