Islamabad: The Arif Habib Group consortium has acquired the national airline, Pakistan International Airlines (PIA), for PKR 135 billion, marking a major step in the airline’s privatization process. The privatization bid process is being conducted in stages. Privatization Commission Adviser Muhammad Ali said the government’s goal is not merely to sell PIA, but to revive […]
Arif Habib acquisition
PIA: From Asia’s pride to a symbol of lost glory
Pakistan International Airlines (PIA), once celebrated worldwide for its service, punctuality, and professionalism, now enters a new chapter through privatization. Yet PIA is more than a struggling airline—it is history, vision, and a dream that once flew across the globe. In an era when many airlines were still finding their footing, PIA led Asia, earning […]