Qureshi’s request comes after the European Union Aviation Safety Agency (EASA) lifted its ban on PIA flights to Europe. The EASA ban was imposed in 2020 due to concerns over pilot certifications and safety standards. However, after conducting audits and reviewing PIA’s safety protocols, the EASA has deemed the airline safe to operate in European […]
SC constitutional bench headed by Justice Amin-ud-Din heard the plea. In his arguments before the SC constitutional bench, the additional attorney general of Pakistan said the appointment of new professionals in PIA was halted due to the privatization process. After a lower bid, the government is planning a second attempt for the privatization of PIA […]
According to sources, the meeting is likely to discuss the extension of the tenure of the current PIA CEO, Aamir Hayat. Hayat’s tenure is set to expire soon, and the board may decide to grant him an extension. If an extension is not granted, the board may appoint an acting CEO from among the senior […]
According to sources within the Privatization Commission, the national flag carrier has been severely impacted by the restrictions. The ban on PIA flights to European destinations has resulted in a significant loss of revenue, with the airline’s financial woes exacerbated by the COVID-19 pandemic. The Civil Aviation Authority has also suffered a loss of around […]
As per details, the PIA HR Committee is scheduled to meet today in Karachi to discuss the proposed salary increase for employees, sources confirmed. A comprehensive plan for the pay raise will be presented during the meeting. If approved by the committee, the matter will be forwarded to the Board of Directors for final approval. […]
This he stated while expressing his views in the Senate Standing Committee on Privatization, which met under the chair of Senator Talal Chaudhry here in Islamabad. The meeting discussed the reasons behind the lower bid for the PIA sale. Aleem Khan said the process of PIA privatization started on November 28, 2023, before he assumed […]
As per details, fifteen designated banks have started receiving applications for Hajj 2025. According to the spokesperson of the Ministry of Religious Affairs, the intending pilgrims are required to deposit two hundred thousand rupees with each Hajj application. The second installment will be collected after balloting. The quota for the government Hajj scheme is 89,605. […]
Deputy Prime Minister Ishaq Dar chaired the meeting in Islamabad. The Cabinet Committee on Privatization noted with satisfaction the assessment of the aviation division on healthy PIACL’s finances. The CCOP also constituted a committee under the convenorship of the Minister of State for Finance to evaluate possible transaction options for the privatization of the Roosevelt […]
As per details, reports indicated that 11 flights have been canceled, while 3 have landed at alternate airports. A total of 53 flights, both domestic and international, experienced significant delays. The flight schedule indicates that PK 340 and 341 from Karachi to Faisalabad have been canceled. Additionally, the Pakistan International Airlines (PIA) flights PK 322 […]
Pakistan is looking to offload a 51-100pc stake in debt-ridden PIA to raise funds and reform state-owned enterprises as envisaged under a $7 billion International Monetary Fund program. As per details, the Privatisation Commission has turned down the Rs10 mln bid of Blue World Consortium for buying PIA. The sources further said PIA is likely […]
