Maybe PIA should be "handed over" to PSO

[Amaad Lone]

PSO needs to collect 12 billion rupees from PIA.

Maybe a formula should be devised and government shares in PIA should be transferred to Pakistan State Oil.

PSO in return can sell them at the Karachi stock exchange and recover its money

It will be a form of privatization, and PIA liabilities will be reduced at the same time.

PSO can use its massive profits adjust PIA losses on its balance sheet reducing its tax payments to the government.

its a win win situation.

[flyeconomy]

PIA employees won't go for that.
They just don't care about anything. Even if planes don't fly they all get their salaries and benefits.
Managing it properly would mean they would have to actually work

[Abdullah]

PSO needs to collect 12 billion rupees from PIA.

Maybe a formula should be devised and government shares in PIA should be transferred to Pakistan State Oil.

PSO in return can sell them at the Karachi stock exchange and recover its money

It will be a form of privatization, and PIA liabilities will be reduced at the same time.

PSO can use its massive profits adjust PIA losses on its balance sheet reducing its tax payments to the government.

its a win win situation.

Such type of share transformation may not be possible as per Securities and Exchange Commission of Pakistan (SECP) regulations. Karachi Stock Exchange (KSE) can't go ahead with this type "privatization".

In case, PSO get and sell-off PIA shares in open market... all shares will be public; government will get nothing in their hands and PIA financial/organizational structure will be down....

It is a possible condition, I don't think so...

[Adnan Anwar]

PSO needs to collect 12 billion rupees from PIA.

Maybe a formula should be devised and government shares in PIA should be transferred to Pakistan State Oil.

PSO in return can sell them at the Karachi stock exchange and recover its money

It will be a form of privatization, and PIA liabilities will be reduced at the same time.

PSO can use its massive profits adjust PIA losses on its balance sheet reducing its tax payments to the government.

its a win win situation.

Wise Solutions......But Noora's want gigantic commission from PIA sale hence would not go for logical business decision that does not benefit them.