Pakistan International Arlines (PIA) : News / Updates

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Pakistan International Airlines (PIA) Fokker F27 Friendship undergoing maintenance checks.

 

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1991 ..........
Pakistan International Airlines (PIA) brand new Airbus A310 takeoff from Toulouse-Blagnac Airport, France, for a test flight.

 

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In Paris, models displayed Pakistan International Airlines' flight attendant uniforms, crafted by esteemed French fashion designer Pierre Cardin, in 1966.

 

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Pakistan International Airlines (PIA) de Havilland Canada DHC-6 Twin Otter 300 at Karachi Airport in 1985.

 

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Privatisation board rejects bid for PIA, proposes new plan for airline sale​

New proposals for airline's privatisation will now be forwarded to cabinet committee and federal cabinet for approval

Irshad Ansari
November 13, 2024

The Privatisation Commission Board of Pakistan has rejected the latest bid for Pakistan International Airlines (PIA) and presented new proposals for the airline's privatisation, which will now be forwarded to the cabinet committee and the federal cabinet for approval.

 

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DC-3

 

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Cabinet committee endorses Privatisation Commission’s rejection of Rs10bn bid for PIA stake​

CCOP also forms body to assess potential transaction options for privatisation of PIA's Roosevelt Hotel in New York.

 

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Cabinet committee endorses Privatisation Commission’s rejection of Rs10bn bid for PIA stake​

CCOP also forms body to assess potential transaction options for privatisation of PIA's Roosevelt Hotel in New York.

An overseas Pakistani group has proposed to acquire Pakistan International Airlines (PIA) for over Rs 130 billion, including a pledge to settle the airline's Rs 250 billion debt, a media report said on Tuesday
The group initially proposed a Rs 125 billion bid and later raised the proposed amount to Rs 130 billion, The Express Tribune newspaper reported.
The group, Al Nahang, had reportedly sent a formal offer via email to the ministers of privatisation, aviation and defence, outlining its vision to revitalise PIA.
In addition to debt repayment, Al Nahang’s proposal promises not to lay off PIA employees and offers a phased plan to double salaries across 30 pay periods.
The group also presented a comprehensive business plan, which includes adding modern aircraft to the PIA’s fleet and developing the airline into a maintenance hub for other carriers.
The development comes after a local Pakistan group offered just Rs 10 billion to buy the airline, which was far below the minimum Rs 85 billion price tag set by the government to sell the national flag carrier.
Consequently, the process was halted as aviation minister Aleem Khan said at a press conference that the national asset would not be offloaded at a throwaway price.

Overseas Pakistani Group Proposes to Acquire PIA for Over Rs 130 Billion

The group also presented a comprehensive business plan, which includes adding modern aircraft to the PIA’s fleet and developing the airline into a maintenance hub for other carriers

www.google.com

 

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747 at Karachi Airport

 

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1960 photo of a brand new Fokker F27 Friendship built for Pakistan International Airlines (PIA) performing a test flight in the Netherlands before delivery to the airline.

 

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Once upon a time PIA motto .......we taught 30 birds how to fly .....and now , she has forgotten to fly herself .

 

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Pakistan International Airlines (PIA) Lockheed L-1049H Super Constellation during maintenance checks at London Heathrow Airport in 1966.
Pakistan gifted this aircraft to Indonesia in 1969.

 

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The engines of the 707 were so loud that they had to equip them with hush kits to reduce noise levels.

A Pakistan cargo Boeing 707 in Calafornia with hush kits.

 

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