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CCoP fast-tracks PIA privatisation plan

Summary by The Express Tribune

The Cabinet Committee on Privatization (CCoP) on Tuesday approved a fast-tracked plan for the privatisation of Pakistan International Airlines Corporation (PIACL), including the divestment of 51-100% share capital together with management control. Deputy Prime Minister and Foreign Minister Senator Ishaq Dar chaired the meeting of the Committee, a statement issued by the Foreign Office spokesperson said. The deputy prime minister emphasised the g…

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CCoP fast-tracks PIA privatisation plan

6 days ago·Pakistan

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ch-aviation

Pakistan gov't approves new privatisation structure for PIA

Discover more news on PIA - Pakistan International Airlines at ch-aviation, the leading aviation news and data provider.

4 days ago

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Business Recorder

Discos sell-off: FAs speak of private sector participation

ISLAMABAD: The Financial Advisors (FAs) have briefed the Power Division and Privatisation Commission on private sector participation in three power Distribution Companies (Discos), sources told Business Recorder. The government is making efforts to privatize three Discos, Islamabad Electric Supply Company (IESCO) Gujranwala Electric Power Company (GEPCO) and Faisalabad Electric Supply Company (FESCO). “The discussion was on conditions precedent …

6 days ago

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ARY News

PIA issues clarification regarding UK flight ban

KARACHI: In an important update, Pakistan International Airline (PIA) has issued a clarification regarding the ban on flying to UK, ARY News reported. According to a spokesperson of PIA, the UK Department for Transport has not made any decision on reviving UK flights from Pakistan. The spokesperson added that the UK Department has neither issued a statement nor sent any formal communication. The spokesperson further emphasized that all relevant …

6 days ago·Pakistan

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Pakistan Live News

Cabinet Committee Greenlights Plan To Expedite Privatisation Of Loss-making PIA - Pakistan Live News

A Pakistan International Airlines (PIA) plane prepares to take-off at Alama Iqbal International Airport in Lahore February 1, 2012. —Reuters The Cabinet Committee on Privatisation (CCOP) on Tuesday approved an plan to expedite privatisation of Pakistan International Airlines Corporation (PIACL), including the divestment of 51-100% share capital together with management control. Deputy Prime Minister and Foreign Minister Ishaq Dar chaired the m…

6 days ago

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mettisglobal.news

CCoP fast-tracks PIAA privatization, approves 51-100% stake sale

March 25, 2025 (MLN): The Pakistan Cabinet Committee on Privatization (CCoP) approved a fast-tracked plan to sell a 51-100% stake in Pakistan International Airlines Corp (PSX: PIAA), including management control, in its second attempt to offload the struggling carrier. Deputy Prime Minister Ishaq Dar, while chairing the meeting of the Cabinet Committee, underscored the government’s commitment to pushing ahead with the divestment, aiming to unloc…

6 days ago

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