Pakistan International Arlines (PIA) : News / Updates

[Forsvaret]

Nope. Won't take typical Pakistani uneducated wailing as an argument. Listen to him again and let me know what's wrong with his statement.

What’s wrong here is that there are multiple statements from different sources. Thus, no one knows for sure how much PIA is actually sold & bought for:

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[Ak01]

Why were planes not sold 1 at time ? Recover 80% of cost of plane

This is just blatant choori by CHOOR

Whole country is country of Choor

Fauj
Judge
Government

the only chori here was of your brain cells

 

[PakFactor]

@PakFactor

Straddled the taxpayers with more bad debt.

There is no other alternative. The same was the case with Air India.

Regards

Many individuals acquired liabilities along with assets and turned companies around AirAsia by Tony is one example. But the question remains for this government: why did it extend pensions, pay packages, and guarantees to keep those jobs, while burdening taxpayers with this cost?

 

[Goenitz]

What’s wrong with the statement is that there are multiple statements from different sources. Thus, no one knows for sure how much PIA is actually sold & bought for:

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Also, govt will take back employees' pay and pension after 1 year.

 

[PakAl]

Any monopoly is bad.
In the context of this thread: I don't think the Arif Habib group, which has committed Rs. 135 billion to purchase PIA, is going to tolerate a minor stakeholder, even if FFC/Military, to have a major 'say' in the affairs. It is good that FFC is involved.
The PIA takeover by a private company has the blessing of the military and more drastic measures are coming up under the protective umbrella of the recently passed 27th Amendment. I think it is going to be 'Perform or Perish'

I personally wants PIA to be owned by government and be the national carrier, something to be proud off but the incompetence, mismanagement, nepotism destroyed the airline so the only option left was to privatise it. Cannot believe they only have 18 carriers available and Habib Group is saying they will increase it to 60+ carriers in 4 years will be a big achievement. PIA can be profitable, just from the UK alone we can easily have daily flights, the business is available.

 

[Ak01]

Tu bhi koi Fauji ka kutta lag lagtahai

Ja jaker 10 plot apne nam ker le harami

saar 300 million 200LR... Braindead...

 

[krash]

Theft of century

PIA has a fleet of 30 commercial jets

Boeing 777-300ER - 4 planes , 6 on Order
$375 million per plane = 10x$375 million = 3.7 Bilion USD

Boeing 777-200LR - 2 Planes
$296 million per plane = 2 X$296 million = 592,Million USD

Boeing 777-200ER - 6 Planes
$261 million per plane = 6 X $261 million = 1.5 Billion USD

Airbus A320-200 - 17 Planes
$100 million per plane = 17 X$100 million = 1.7 Billion USD

ATR 42-500 - 3 Planes
$9 million per plane = 3 X $9 Million = $9 million USD


Value of Fleet = $7.5 Billion USD
Value of Luxury Hotels = 5 Billion USD


Pakistani Rupee Value
3,361,934,400,000

3.3 Trillion Rupee or 3.3 Kharab Rupee


30 planes and 4-5 Luxury Hotels bought for only price of "1" plane

While the debt is pushed into

• Pakistani People's electricity bills
• Petrol Bill
• Pension reduction

You see it is the poor people of Pakistan who are paying debt of the planes the people who bought the planes got 29 planes free !!! and no debt on their head


Theft of century by CHOOR of century

Ridiculous, made up numbers. Your 777-200s will fetch between $3.5 to $13 million a pop. That's the going rate for aircraft of similar age in good condition. Most of yours are grounded. Same deal with the rest. The 6 on order have not been paid for since you never had the money. The new owners will now decide whether to buy or not

The "$100 million" A320s somehow appreciated almost 8 times with years of use after PIA originally bought them for $13 million a piece. But the best value for money are those A320s that PIA doesn't own and only has on lease that you want $100 million per aircraft for.

The Hotels were not sold and will remain with the government.

 

[PakAl]

Loot sale? How so? Please back it up.

From a business point of view its not worth to buy PIA, the amount of issues need sorting out is not worth it. Am glad Habib Group wants to turn things around, even selling it for peanuts is worth it. Atleast we will have full running airline, from 16 aircrafts to 60+ will need more employees, which means more jobs, and tax for the government, hopefully debt will be paid off aswell.

 

[AZADPAKISTAN2009]

I personally won't be travelling in new owner airline , most like the new owner will sell 30 planes and make a nice juicy 9 billion Dollar profit


Nice juicy 9 Billion Dollar profit , this will get distributed into his partners most like some Army dictator General / Politician Tola will collect their money overseas after sale of 30 planes

Or one of their children will get 200 million deposited in their account as investor


You go to a small shop in Pakistan they sell item worth $50 for $150

And our Choor Fauj , Government and Judges , sell the 10 billion USD airline for 150 Million USD and claim


We did you a favor, people of Pakistan , you pay the debt , and we will collect the "PROFIT " from sale of planes

KUTTE

KHOON CHOOS , FAUJ

 

[LC150]

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[PakAl]

I personally won't be travelling in airline , most like the new owner will sell 30 planes and make a nice juicy 9 billion Dollar profit

Pakistani will be left to travel on Emarati airline

Habib owners are saying they will increase the fleet to 60+ planes in 4 years time. Which will be similar level as Egyptian airlines.

 

[ghazi52]

Privatisation Commission recommends approval of Arif Habib consortium’s bid for PIA stake​

• Development comes after Pakistan government concluded on Tuesday sale of 75% stake in national carrier for Rs135 billion

BR Web Desk
December 24, 2025

The Privatisation Commission Board (PC Board) on Wednesday recommended the bid offer - Rs135 billion for 75% stake in the Pakistan International Airlines (PIA) - submitted by the Arif Habib consortium for consideration and approval by the Cabinet Committee on Privatisation, an official statement stated.

The development comes after Pakistan government concluded on Tuesday the sale of a 75% stake in its national carrier for Rs135 billion, giving an end to years of stalled efforts to privatise the loss-making airline.

 

[ghazi52]

Arif Habib consortium bought the managing stake in the national carrier. The consortium is comprised of Arif Habib Corporation Limited, Fatima Fertilizer Company Limited, City Schools (Private) Limited, and Lake City Holdings (Private) Limited.


Pakistan government will get Rs10 billion in cash out of Rs135 billion. The rest of the amount will be invested in the PIA.

The overall valuation of the PIA is Rs180 billion, as the government will receive another Rs45 billion after selling the remaining 25% shares.

“The Privatisation Commission Board, in its 246th meeting held today [Wednesday] under the chairmanship of Mr Muhammad Ali, Adviser to the Prime Minister on Privatisation and Chairman, Privatisation Commission, recommended the bid offer submitted by the Arif Habib Consortium for consideration and approval by the Cabinet Committee on Privatisation.

“The Board noted with satisfaction the bid amount of Rs135 billion, received against the reference price of Rs100 billion, for 75% stake of PIA,” the statement read.

 

[AZADPAKISTAN2009]

Haram khor doing live broadcast LOL

10,000,000,000 USD cost of just planes
Selling it for 200,000,000 USD


Have you every seen a more Khoon Choos , Da-in , churail Fauj?

Haram Khooro you medal is worth 10 dollar on ebay! Where people are selling the medals as it is worth trash

 

[HAIDER]

At least you won't lose more money!

Last year PIA was in profit. And we lost PIA in full loss... 92 percent of payment given back to PIA consortium to reinvest, remaining 8 percent which govt got , 7 percent will be paid to the auditor and etc ..................so what we got ...........chankana


On top military business entity will take 20 percent of share from Arif Habib ....lolll