Pakistan International Arlines (PIA) : News / Updates

[HAIDER]

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[Meengla]

One more video of Mr. Arif Habib. Some takeaways:
1) Within next three years, the operational aircrafts will be doubled to about 38
2) No mass firings are planned and in fact the existing ones maybe needed as the fleet size increases and even performance incentives to be given. Slackers would be laid off.
3) Eventual increase is to around 60 aircrafts. Huge market exists for domestic and international travel (250 million population plus 14 million Pakistani expats).

English captions available. I think the lady in the video is a little impatient.

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[Jango]

I guess this was directed to @mythbuster to respond while you desperately cling to terminologies to make a political point. As far as I am concerned: I don't GAF who bought PIA. As long as there is less burden on Pakistan's economy, more options for the passengers, every Pakistani should be happy.
Let's have this conversation some years later. If not December 2026 then, per a poster above, starting with early 2027. But the facts should be obvious by December 2030. And facts would speak for themselves. Until then... you and others of a certain political background can hope and pray for PIA's downfall. You'd be disappointed though.

Breathe my man...breathe. Deep breaths.

 

[Xestan]

Allied Bank is a national asset, and PIA is your strategic asset. Every country's national airline is its strategic asset and stands by for any situation, besides commercial business.

Thank you for completely missing the point. I compared Allied Bank with PIA because you were making it sound like PIA's privatization is such an abnormal event. Allied Bank was privatized in a similar manner, and it is a successful business now. Please tell me how's PIA's privatization bad?

 

[Meengla]

Breathe my man...breathe. Deep breaths.

Trust me: I was at 14,000 ft elevation at Deosai National Park and I breathed fine and I breathe fine every day in my nice American country house with fresh air and nature around. Your advice should be sent to the Prisoner No. 420 in his dark cell with no A/C.

 

[Meengla]

Thank you for completely missing the point. I compared Allied Bank with PIA because you were making it sound like PIA's privatization is such an abnormal event. Allied Bank was privatized in a similar manner, and it is a successful business now. Please tell me how's PIA's privatization bad?

It is bad because their Messiah Khan is not in power while this happened!

 

[atmi_bum]

If this Al-Jazeera is truthful, the people of Pakistan got a raw deal.

https://www.aljazeera.com/news/2025...s-national-airline-stirring-a-political-storm

Not only is the government liable for pensions, debts, and other liabilities, but it's receiving only a fraction of the auction price, with the rest "invested" in the airline. So instead of the entire auction price going to the government to defray PIA's liabilities, it will be invested in the airline.

This is strange, since most investors raise money—via capital markets or loans—and expand operations, but it seems the government is just taking its own money and investing in the airline.

Something is not right here.

 

[krash]

Habib bank, UBL, MCB founded by Mohajirs. All nationalized and given away to rest of pakistan as tribute. Mohajirs setup shipping industries, colleges and universities, all gone.
DCET was founded by Seth Dawud, NED by a Parsi. 80% seats in DCET reserved for outside Karachi.
Even in welfare, no one did as urdu speaking Mohajirs did.
Edhi, Hakeem Saeed Hamdard trust, Dr Adeeb Rizvi SIUT Kidney and Urology diseases Hospital.
But as Pakistanis destroyed Pakistan so they did to Karachi based industries.

Dr Abdul Qadeer was Muhajir and PIA financial planners were all mohajir ...founder of Pakistan was mohajir , man who financed Pakistani bank and owner of Orient airline/ later PIA was mohajir ...well the list is very long...and then came corruption... ..

Time to give it a rest? This nonsense passed into embarrassment a long time ago.

PS: Jinnah was born in Karachi.

PPS: Orient Airways was staying afloat on Pakistani government subsidies, PIA's ground support, and PIA's aircraft, because it could not compete against BOAC. PIA bought three L-1049s for Orient to run on the longer routes, specifically between the East and West wings, because Orient itself did not have the capital to buy larger aircraft. The precise reason why Orient was merged into PIA was because Orient could not sustain itself without PIA aircraft, PIA ground support, and government subsidies. It was bought and merged with PIA in 1955 along with its two CV-240s and eleven DC-3s. The first time PIA recorded a profit was in 1960, thanks to the L-1049s and B-707 that it had acquired for long-haul routes and not because of the small CV-240s and DC-3s that it had received from Orient. PIA's "urooj" started when Nur Khan was appointed at the helm in 1959.

I now think, it was because of hate and jealousy against Urdu speaking Mohajirs.

Totally. I mean, look at you.

Tax payer will pay for the lossess that are booked since 2017. Common man will continue to pay for the doings of the elites for unforseeable future. 500 billion loss will be paid by the tax payers only.

Yeah, the buyer should've paid us to have the privilege of taking on that debt for a deeply unprofitable organization.

 

[Goenitz]

Even this government cannot sell anything on profit.

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PIA earned a profit of 26 billion rupees last year.
Eight local buildings, 62 routes, and a 20 billion rupee provident fund are also part of the deal.

 

[Hussain]

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[Jango]

Trust me: I was at 14,000 ft elevation at Deosai National Park and I breathed fine and I breathe fine every day in my nice American country house with fresh air and nature around. Your advice should be sent to the Prisoner No. 420 in his dark cell with no A/C.

Wait...I thought he had 6 cells and an AC and a cooler and a chef. Make up your mind man.

 

[ghazi52]

 

[Fatman17]

Source: Business Recorder
https://search.app/vRetE

PIA privatisation

 

[Meengla]

View attachment 168362

Any source for that news? I think Mr. Arif Habib has hinted at that but the govt has not committed to allow that unless they see some 'performance' first. The govt may indeed scuttle the whole deal if they see something majorly wrong by Mr. Habib!! Who is going to stop them in the Danda Raj??!!

 

[AeronautIR]

Who is the advisor for Habib Group? Pegasus airlines? Interseting to see how they take it forward.

Pegasus was with Lucky cement consortium... Arif Habib has Sibra Aviation Partners as consultant.