Pakistan International Airlines (PIA) auction postponed to October 31 at bidders' request.

The auction for Pakistan International Airlines (PIA) has been postponed to October 31, following a request from bidders for more preparation time. Initially scheduled for early October, the delay allows six pre-qualified parties, including Fly Jinnah and Airblue Ltd, to participate. The Pakistani government aims to sell a 51-100% stake in the struggling airline, aligning with recommendations from the International Monetary Fund.

October 01, 2024
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