Expressions of curiosity for the privatization of nationwide airline PIA have been invited until May 3.
In response to the sources, the profitable bidder may even be given the executive management of PIA, the method of privatization of PIA might be accomplished by June 24.
In response to the Privatization Fee, an utility may be made for acquisition of 51 to 100 p.c shares.
IMF has imposed the situation of privatization of PIA within the present monetary 12 months.
The Privatization Fee has mentioned that in 2023, greater than 20 million passengers traveled in PIA, the nationwide airline carries a median of greater than 5 million passengers yearly to 34 international locations.
The Privatization Fee says PIA has 97 worthwhile worldwide routes, working 260 flights every week.
The Privatization Fee has additionally reported that air journey in Pakistan is rising by 5.5% yearly.
