Wed Dec 17 09:43:41 UTC 2025: Okay, here’s a news article summarizing the provided information:
Pakistan to Sell Entire Stake in PIA After Bidders Demand Full Control
Islamabad, Pakistan – In a significant move signaling a complete overhaul of its national carrier, Pakistan has decided to sell its entire 100% stake in Pakistan International Airlines (PIA). The decision follows demands from potential bidders seeking full managerial control and the elimination of any government involvement following privatization, according to reports in local media on Wednesday. The move is considered the most ambitious effort to privatize the struggling airline to date.
The decision suggests the government is willing to relinquish all influence over PIA’s operations in an effort to attract investors and revitalize the airline, which has been grappling with financial challenges for years. Analysts suggest this all-or-nothing approach indicates a strong desire to finally resolve the issues plaguing PIA and pave the way for a more efficient and competitive future for the airline under private ownership. The government has not yet released details on the timeline for the sale or the specifics of the bidding process.
First Piper 