Amid ongoing discussions on PIA privatization, they’ve decided to extend the deadline for submitting interest declarations by 15 days.
Federal Minister for Privatisation, Abdul Aleem Khan, asserted that the deadline for submitting interest declarations for the national flag carrier, PIA, would not extend further. Moreover; he added that ten companies have already expressed interest in PIA’s privatization, he stated. Aleem Khan revealed that three local airlines aim to form a consortium with international companies. He criticized those responsible for causing a loss of Rs 830 billion to PIA for not showing interest in its privatization. further Aleem khan emphasized the burden on the country’s economy. He pointed out institutions like PIA, Pakistan Steel Mills, and DISCOs. These institutions are hindering Pakistan’s development. Aleem Khan expressed optimism about convincing Bilawal Bhutto Zardari and the PPP leadership about the privatization plan. Highlighting PIA routes, he mentioned international destinations like Jeddah, Madinah, China, Hong Kong, London, Washington, and Toronto. With the arrival of new planes, he expressed confidence that PIA would become profitable, as the private sector recognizes the potential profits in the national flag carrier. Aleem Khan assured transparency in the privatization process, stating it would be conducted openly before the media. He reassured PIA employees, highlighting Pakistan’s skilled pilots and crew, ensuring they won’t face any issues.