Deadline for expressions of interest for PIA privatization is set for June 3, 2025


Islamabad: It has been decided to sell 51 to 100 percent shares of the Pakistan International Airlines (PIA), for which expressions of interest have been invited.
According to the Privatization Commission, the deadline for expressions of interest for the privatization of the national airline is set for June 3, 2025.
According to the commission, expressions of interest have been invited for the privatization of the national airline. Through privatization, management control of the national airline will also be given to the prospective investor.
According to the commission, prospective investors will be given incentives, and an 18 percent GST exemption will be given on purchasing or leasing new aircraft. Some liabilities included in the balance sheet of the national airline will also be transferred to the investors.
In addition, protection or coverage will be provided for certain taxes and legal cases.
FIA foils illegal migration attempt to Iran, arrests 24
- 15 hours ago
SC to begin new judicial year tomorrow
- 18 hours ago
Total lunar eclipse to illuminate Pakistan's skies on Sept 7
- 14 hours ago

PCB announces tri-nation T20 series
- 15 hours ago

PDMA issues heavy rain alert for most Punjab districts
- 18 hours ago
Turkey's Balıkesir province shaken by 4.9 magnitude earthquake
- 14 hours ago

TikTok introduces new feature allowing users to buy movie tickets directly through app
- 13 hours ago
Japanese Prime Minister Shigeru Ishiba decides to resign
- 15 hours ago

British police confirm arrest of 890 protesters at pro-Palestine rally
- 12 hours ago
TDCP hosts grand celebration for Defence Day and Eid Milad-un-Nabi
- 17 hours ago

5 dead, 20 injured as bus overturns in Nawabshah
- 17 hours ago
Russian strikes hit Kyiv government building for first time
- 17 hours ago