By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: PIA Might Be Taken Over by Potential Investors, Says Pakistan
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Signin Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2025 | All Rights Reserved
Travel Radar - Aviation News > News > Aviation > Airline Economics > PIA Might Be Taken Over by Potential Investors, Says Pakistan
Airline EconomicsAirlines

PIA Might Be Taken Over by Potential Investors, Says Pakistan

Suhani Joshi
Last updated: 11 July 2025 14:58
By Suhani Joshi
2 Min Read
Share
PIA aircraft at the tarmac
PIA aircraft © Faisal Akram
SHARE

Pakistan International Airlines (PIA) is set to be taken over by potential investors, as stated by Pakistan. The country’s Privatisation Commission (PC) Board has successfully approved the prequalification of the investors.

This step comes after the country decided to embrace privatisation and divestment of Pakistan International Airlines Corporation Limited.

PIA aircraft at Amsterdam Schiphol Airport
Pakistan International Airlines (PIA) aircraft at the Amsterdam Schiphol Airport © Jan Buisman

Who are these four potential investors?

According to the Pakistan Observer, the prequalified investor parties are

  1. A consortium consisting of Lucky Cement Limited, Hub Power Holdings Limited, Kohat Cement Company Limited, and Metro Ventures (Private) Limited.
  2. Another consortium, including Arif Habib Corporation Limited, Fatima Fertiliser Company Limited, City Schools (Private) Limited, and Lake City Holdings (Private) Limited
  3.  Fauji Fertiliser Company Limited
  4. Finally, Air Blue (Private) Limited

In a statement, the Pakistani government revealed that the four bidders have gone through “thorough scrutiny” after the Statements of Qualification (SQF) were handed over by the interested investors.

PIA aircraft landing at the Xi'an Xianyang International Airport
Pakistan International Airlines (PIA) aircraft landing at the Xi’an Xianyang International Airport © Wikimedia              Commons

Why was PIA banned?

The Pakistan government is seeking to sell at least 51% of the PIA and is willing to divest the rest of its stake in future negotiations.

In July 2020, the United Kingdom and the European Aviation Authorities enforced a ban on Pakistan International Airlines (PIA) after a major aircraft crash’s investigation revealed that the pilots operating the aircraft had fake licenses.

Although the European Aviation Authorities lifted the ban in 2024, PIA remains banned in the United Kingdom.

Do you think privatisation can change the fate of Pakistan International Airlines? Let us know in the comments!

You Might Also Like

British Airways Reverses Plan to Cancel Bahrain Route
Cathay and Feeding Hong Kong celebrate 10 years of partnership
Data-led Vision for East Midlands Airport’s Commercial Potential
New Turkish Airlines Lounge in Japan’s Narita International Airport
airBaltic Pilot Academy Applications Doubled
Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry0
Suhani Joshi
BySuhani Joshi
Aviation Reporter - A master's student at the University of Edinburgh, political scientist and journalist, Suhani contributes the latest trends and developments in the aviation industry to Travel Radar.
Previous Article Malaysia Airlines Airbus A330neo taking off. Malaysia Aviation Group orders 20 Airbus A330neo
Next Article ANA Boeing 777 landing in Haneda Airport, Tokyo, Japan. Designer Announced for ANA’s New Crew Uniform
Subscribe
Login
Notify of
guest

guest

1 Comment
Oldest
Newest Upvoted
Inline Feedbacks
View all comments
more info
more info
3 months ago

Your blog is a breath of fresh air in the often mundane world of online content. Your unique perspective and engaging writing style never fail to leave a lasting impression. Thank you for sharing your insights with us.

0
Reply

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

Bristol Airport's sustainable drive generates a record number of renewable energy in their drive to use sustainable initiatives to keep emissions, power, and more within the airport at a minimum.
Bristol Airport’s Sustainable Drive Generates Record Number Of Renewable Energy
Aircraft Airports Aviation
Ryanair's record winter schedule to Amman has been announced, with over 300k seats across 18 destinations to 12 New EU routes. The airline has also unveiled a major investment proposal for Amman, Aqaba and Marka.
Ryanair Record Winter Schedule and Major Investment to Amman
Airlines Route Development
A picture of an aircraft in Airbus’ final assembly line in Tianjin, China
Airbus Opens Second Jet Assembly Line in China
Aircraft Aviation Manufacturing
THE LOFT lounge by Brussels Airlines
Brussels Airlines lounge receives prestigious award before an extensive make-over
Airlines Airports Aviation Travel
LAX Theme Building
LAX closes terminal 5 for major upgrades
Airports Aviation Route Development
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • Latest News
  • Subscribe
  • Weekly Digest
  • Contact Us
  • Privacy Policy
  • About Us
  • Advertising
  • Media Coverage
  • Press & Events
  • Join Our Team
  • Our Brands

Signup to our Newsletter!

And get the latest aviation news via our weekly news digest!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
Welcome to the TR Community!

Sign in to your account

Not a member? Sign Up