AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,546 Increased By 137.4 (1.85%)
BR30 24,809 Increased By 772.4 (3.21%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)
Print Print 2024-01-10

PIA sell-off, outsourcing of airports: Caretaker setup for speeding up process

  • Caretaker Prime Minister Anwaar-ul-Haq Kakar directs that the process of privatisation of the PIA and outsourcing of airport operations should be accelerated in a transparent manner
Published January 10, 2024

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed that the process of privatisation of the PIA and outsourcing of airport operations should be accelerated in a transparent manner.

Adviser on Aviation Air Marshal Farhat Hussain (retired) met with the caretaker prime minister and informed him about the affairs of the ministry and the reforms in the aviation sector of the government.

The caretaker premier was also informed about the progress on the process of privatisation of Pakistan International Airlines (PIA) and outsourcing of airport operations.

PIA sell-off: PC Board tasks FA to prepare plan by Dec-end

Kakar directed that the process of privatisation of PIA and outsourcing of airport operations should be accelerated and transparency should be given a central position in it. He added that there is a vast potential for investment in Pakistan’s aviation sector and one of the top priorities of the government is to protect the national kitty from further damage by privatising the institutions that are causing damage to the national treasury.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Sajid Ali Jan 10, 2024 10:56am
IAM very poor student Iam very interested
thumb_up Recommended (0)
Sajid Ali Jan 10, 2024 10:56am
IAM very poor student Iam very interested
thumb_up Recommended (0)
Love Your Country Jan 10, 2024 11:24am
No bar on activities of the caretakers. We have entered a new hybrid era. Aage aage daykhiya hota ha kia
thumb_up Recommended (0)
KhanRA Jan 10, 2024 11:26am
You cannot sell what no one wishes to buy.
thumb_up Recommended (0)
JJ Jan 10, 2024 12:58pm
PIA sell-off, outsourcing of airports: Caretaker setup for speeding up process translation: Before they flea they want to sell off Pakistan!
thumb_up Recommended (0)
Maroof Shah Jan 10, 2024 01:50pm
It's a case of 'beggar thy neighbour'
thumb_up Recommended (0)
Mazhar Jan 10, 2024 02:34pm
@Sajid Ali, poor at studies or poor otherwise
thumb_up Recommended (0)
Shahid Jan 10, 2024 07:01pm
Who will buy it? they don't have good fleet neither market name, only have huge Staff and someone will come to pay them salary, otherwise they go on strike too!
thumb_up Recommended (0)
ENGR Hamid Shafiq Jan 11, 2024 11:58am
@Shahid, still some juice in fruit I hope someone interested to buy let see
thumb_up Recommended (0)
Bloody Civilian Jan 12, 2024 02:45pm
All potential buyers/investors should keep in mind that as of now, all provincial and federal caretaker setups are illegal and operating out of scope of the constitution of Pakistan. Their life was only 90 days which they have exceeded by far and so are completely illegal. The only government which can decide these matters will be one which is elected in a free and fair election by the people of Pakistan. If the elections are a sham as they are building up to be, the next government will also be illegal and not representative of the will of the people of Pakistan.
thumb_up Recommended (0)
Meraj Siddiqui Jan 12, 2024 11:03pm
This govt has no right to sell nation assets. Their only job to have free and fare elections. They are working in establishing instruction. They will take the money and will runaway.if anyone making a deal with this govr that will be illegal deal. Their tenure is already long over. Illegal govt.
thumb_up Recommended (0)
Shan Jan 13, 2024 05:13am
Pakistan is finished bankrupted . Who'll buy china or USA time will tell
thumb_up Recommended (0)