The consortium led by Arif Habib Corporation has notified the Privatisation Commission to acquire the remaining 25% stake in Pakistan International Airlines, with management control of the national carrier expected to be transferred by May 25, 2026. In a notice to the Pakistan Stock Exchange on Monday, the airline said the consortium notified the Privatisation […]
PIA
PIA releases Hajj 2026 flight schedule
The Pakistan International Airlines (PIA) has officially announced its pre Hajj operation schedule for 2026, confirming that flights carrying pilgrims will begin from April 19 as arrangements for the annual religious journey are finalized. Read More: Hajj 2026: Pakistan initiates ‘Zero-Defect’ operation – Daily Times According to the airline’s spokesperson, more than 55,000 pilgrims will […]
PIA eyes fleet expansion
Pakistan International Airlines is working to expand and restore its fleet, with plans to scale up to 60 aircraft as part of its ongoing revival strategy, Chairman of the Arif Habib Consortium for Pakistan International Airlines (PIA), Arif Habib, said. Addressing industrialists at the Korangi Association of Trade and Industry (Kati) on Thursday, Habib said […]
PIA privatisation: Shareholders approve 75% stake divestment
In a major step towards privatisation, the shareholders of PIA Holding Company Limited (PIAHCL) have approved the divestment of a 75% stake in Pakistan International Airlines Corporation Limited (PIACL). The divestment would be executed through a combination of share transfer and dilution, PIAHCL said in a notice to the Pakistan Stock Exchange (PSX) on Monday. […]
PIA previously grounded Boeing 777 returns to service after test flight
Pakistan International Airlines (PIA) has successfully conducted a test flight of its previously grounded Boeing 777, marking a key step toward restoring its long-haul operational capacity. Read More: Jeddah-Bound flight of PIA develops a technical failure The aircraft, registered as AP-BGZ, had remained out of service since May 2025 due to the unavailability of essential spare parts. Following maintenance […]
Pakistani HC welcomes PIA flight at Heathrow Airport
New management of Pakistan International Airlines (PIA) has succeeded in restoring the flight operation for London after a long time. After the privatization, under the new management the first PIA flight PK785 landed at the Heathrow airport of London. Pakistani High Commissioner in London Dr. Muhammad Faisal welcomed the PIA flight at the Heathrow Airport. […]
New PIA owners rattled by rising jet fuel costs, worry about sustainability
Chairman Pakistan International Airlines (PIA) Consortium Arif Habib on Sunday sounded the alarm over the sustainability of PIA operations in the wake of a recent 150 per cent hike in jet fuel rates, calling on the government to reverse the hike in prices. “PIA could be forced to shut down” if jet fuel prices continue […]
PIA to resume direct London flights after six-year gap
ISLAMABAD — Pakistan International Airlines (PIA) is set to resume direct flights to London from March 29, 2026, marking the end of a six-year suspension of operations on one of its most significant international routes. Read More: PIA boosts UK operations with Lahore-London flights According to a PIA statement, the airline will operate four weekly non-stop flights from […]
PIA raises fuel surcharge as Gulf crisis drives up costs
Airlines in Pakistan, including Pakistan International Airlines, are raising fuel surcharges after war in the Gulf disrupted regional air routes and canceled about 300 flights from the country in recent days, airline officials and flight data show. PIA spokesman Abdullah Khan told Reuters that fuel costs have risen 34 per cent due to the Gulf […]
PIA officially handed to Arif Habib consortium under privatisation deal
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said the “glory days” of Pakistan International Airlines (PIA) would return under new management, as the government formally signed transaction documents for the airline’s privatisation. Read More: Arif Habib consortium acquires stake in PIA privatization “PIA will reach new heights under the leadership of the Arif Habib Consortium. The airline […]