PIA Privatization Scheduled for December 23, Announces Muhammad Ali, marking a historic step for Pakistan International Airlines (PIA). Muhammad Ali, the Prime Minister’s Advisor on Privatization, confirmed that the federal government will conduct the auction with full transparency. The PIA privatization 2025 is expected to attract top business groups and aviation investors.
Several major companies, including Arif Habib Group, Air Blue, and the Lucky Consortium, have officially entered the bidding process. Fauji Fertilizer will not participate directly but may join a successful consortium later. This move represents the largest national carrier sale in decades and highlights the government’s commitment to accountability in the privatization process.
The auction will involve a consortium of five major business groups, including AKD Securities, Lake City Group, Fatima Group, and City School Pakistan. For valuation, the government has hired Seabury Aviation Consultants, a renowned international aviation consultancy with experience managing fleets of over 5,000 aircraft worldwide.
PIA currently operates 34 aircraft across more than 90 domestic and international airline routes. Detailed records of employees, including pilots, engineers, cabin crew, and ground staff, have been shared to ensure a smooth transition. Additionally, pension liabilities of PIA retirees will not fall under the new management.
Experts say the privatization will strengthen Pakistan’s aviation sector and improve airline revenue and finances. It is also expected to modernize operations and enhance service quality. The federal government aims to complete the bidding process efficiently while maintaining strict transparency and accountability standards.
In conclusion, the PIA privatization scheduled for December 23, 2025, is a significant milestone for Pakistan International Airlines and the national economy. Stakeholders and aviation experts are closely monitoring the process, which promises to redefine the future of Pakistan’s national carrier.
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PIA privatization scheduled for December 23, announces Muhammad Ali, with Arif Habib Group and Air Blue joining the auction.
