Process for PIA privatisation officially begins

Process for PIA privatisation officially begins

Business

Process for PIA privatisation officially begins

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ISLAMABAD (Dunya News) – With the issuance of a gazette notification by the government, the process of privatising the national-flag carrier, Pakistan International Airlines (PIA), has been formally set into motion.

Sources at the Prime Minister's Office indicate that the gazette notification will facilitate the transition of PIA into a government holding company.

Federal Minister for Petroleum Dr Moeed Malik has indicated that the privatisation process for PIA is expected to be completed by June of this year.