President Zardari Approves Bill, Completes Legal Requirement for PIA Privatisation
The repeal clears the way for transfer of a 75% stake to a private consortium after PIA lost about Rs50 billion a year, officials said.
9 Articles
9 Articles
President Zardari okays bill, completing 'legal requirements' for PIA privatisation
Senate passed bill on 10 June 2026, NA approved on 11 June.PIA privatisation linked to long-pending reform agenda process.Consortium led by Arif Habib Corp acquired 75% stake in PIA.ISLAMABAD: President Asif Ali Zardari on Friday gave...
President Zardari approves bill, 'fulfilling all legal formalities' for PIA's privatisation
President Asif Ali Zardari on Friday gave his assent to the Pakistan International Airlines Corporation (Conversion) (Repeal) Bill, 2026, fulfilling all necessary legal requirements for the national carrier’s privatisation. The original bill, which now stands repealed, was passed in January 2016, and sought to convert the national flag carrier into a public limited company. Confirming the development in a statement, the presidency said that foll…
PIA Privatisation Bill Signed — A New Era for Pakistan's Airline - THE DESTINATION
PIA – (Web Desk) – President Asif Ali Zardari signed the PIA privatisation bill into law on Friday, clearing the last legal hurdle for the sale of Pakistan’s national airline. This moment marks the end of a long and difficult chapter for PIA. The bill was passed by the Senate on June 10 and by […] The post PIA Privatisation Bill Signed — A New Era for Pakistan’s Airline appeared first on THE DESTINATION.
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