PIA Records First H1 Pre-Tax Profit in About Two Decades

PIA posts first pre-tax profit in two decades ahead of planned privatisation

PIA swings to profit in first half of this year as privatisation push gathers pace

Records a pre-tax profit of Rs11.5 billion in the six months to June, its first such for the period in about two decades.

Pakistan’s PIA posts first half-year profit in 20 years ahead of

KARACHI: Pakistan International Airlines (PIA) posted a pre-tax profit in the first half of 2025, which a company source said is its first such for the period in about two decades, ahead of a planned sale of the national carrier later this year. PIA, part of PIA Holding Company, recorded a pre-tax profit of 11.5 billion Pakistani rupees ($40.64 million) in the six months to

PIA records first H1 pre-tax profit in about two decades

Pakistan International Airlines (PIA) posted a pre-tax profit in the first half of 2025, which a company source said is its first such for the period in about two decades, ahead of a planned sale of the national carrier later this year. PIA, part of PIA Holding Company, PIAHa. PSX recorded a pre-tax profit of Rs11.5 billion ($40.64 million) in the six months to June, compared with the same period in 2024 when it remained in a loss before taxes a…

PIA Posts First Half-Year Profit of Rs. 11.5 Billion in 20 Years

PIA has reported a pre-tax profit of Rs. 11.5 billion ($40.6 million) for the first six months of 2025. This is a major milestone for the national carrier, as it is the first time since 2004 that the airline has recorded such profits. The improvement is mainly because the government took over most of PIA’s old debts, which reduced the airline’s financing costs. Lower debt pressure has given the airline some breathing space and allowed it to impr…

Ahead of sale, PIA posts first half-year profit since 2004

Pakistan International Airlines (PIA) reported a pre-tax profit for the first half of 2025, its first such result in nearly 20 years, as the government moves forward with plans to privatize the struggling national carrier later this year. According to a company source, PIA recorded a pre-tax profit of 11.5 billion Pakistani rupees ($40.64 million) from January to June 2025, a significant turnaround from the same period last year when the airline…