KARACHI: The Privatisation Commission has stopped the Pakistan International Airlines (PIA) management from leasing a new aircraft, citing sources, ARY News reported on Thursday.
The commission has expedited its efforts to privatise the national flag carrier Pakistan International Airlines (PIA) and stopped the airline’s management from leasing another aircraft.
Sources told ARY News that the Privatisation Commission stopped the PIA management from signing an agreement to lease a new aircraft. It was learnt that the privatisation process of PIA would be completed by February.
The airline will not sign any long-term agreement by March 2024 due to the ongoing privatisation process.
Yesterday, the privatization plan of the loss-making Pakistan International Airlines (PIA)
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Privatisation Commission stops PIA from leasing aircraft
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