Pakistan International Arlines (PIA) : News / Updates

[Bilal]

I tend to defer 'business' related discussions to others. I think I am better at connecting the dots and I have been saying that the 'Danda' is going to fall on everyone's heads. It has just fallen on the PPP and more 'Danda' are coming: 'Perform or Perish'.
You will all see that.

The danda has fallen on the country’s head. We are doing it because:

1/ IMF danda

2/ we have simply run out of resources to continue more of the same

But it’s good. Not only it will reduce burden on the exchequer but also bring new life into private sector and hopefully grow economy and improve services.

 

[Bilal]

Now:

Lucky:125 billion
Arif Habib:126 billion

 

[Meengla]

Resorting to the good old verbal bidding!
Rs. 131 billion

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[Meengla]

Arib Habib 132 billion

 

[Meengla]

OMG! Lucky and Arif groups: On phone, whispering and increasing bids by 1 billion. LOL!

 

[Ali_Baba]

SOLD : PK 135 billion it is then for Arif Habib.

Good luck Arif Habib, hopefully you can turn around PIA.

 

[Meengla]

Historic images:

 

[Bilal]

OMG! Lucky and Arif groups: On phone, whispering and increasing bids by 1 billion. LOL!

lol yes. Movie style bidding going on.

Arif Habib himself is sitting there. So he responds immediately.

 

[Bilal]

Arif Habib wins at 135 billion.

Congratulations!

 

[Meengla]

lol yes. Movie style bidding going on.

Arif Habib himself is sitting there. So he responds immediately.

Lucky Cement didn't get very 'lucky' today. I think they probably sensed the Arib Habib group would big for as long as it would take!

 

[Bilal]

Lucky Cement didn't get very 'lucky' today. I think they probably sensed the Arib Habib group would big for as long as it would take!

Fun fact. Yesterday Arif Habib had offered to join the two consortiums but Lucky group declined.

 

[Ali_Baba]

Arif Habib seems like a more rounded organization that can take on the challenge of PIA than the Lucky Cement folks..

 

[Bilal]

Also. Government to receive 7.5%. 92.5% of the amount is to be invested in PIA.

 

[Bilal]

Arif Habib seems like a more rounded organization that can take on the challenge of PIA than the Lucky Cement folks..

Both are very good professional groups.

Lucky is in cement, textile, car manufacturing, mobile and electronics assembly, mining, chemicals and more.

 

[Meengla]

Fun fact. Yesterday Arif Habib had offered to join the two consortiums but Lucky group declined.

The screen cap I shared above has the Lucky Cement group whispering and I saw a slightly embarrassing looking smile on the young man's face several times.
LOL!