Businessman Arif Habib has said that no final decision has yet been made regarding the purchase of Pakistan International Airlines (PIA) remaining 25% shares. The Arif Habib Consortium has officially acquired a 75% stake in PIA after winning the privatisation bid with an offer of Rs135 billion. The consortium has also expressed interest in acquiring the remaining 25% shares of the national carrier. However, Arif Habib clarified that a final decision on purchasing 100% ownership of PIA has not yet been taken. He said the so far new owners were focused on finalising their bid strategy and developing a comprehensive business plan. Based on this plan, consultations have been held with international advisors on measures to revive the airline. “We now have a 90-day time period. During this time, we will carefully review all aspects and then make a final decision on whether to acquire 100% ownership of PIA or not,” he added.
Arif Habib says no final decision yet on buying PIA’s remaining 25% shares
Published on: December 29, 2025 7:35 AM