Three Gulf countries are eyeing a majority stake in PIA – Pakistan International Airlines (PK, Islamabad International) as the freshly elected Pakistani government pushes on with the majority state-owned carrier’s planned partial privatisation. Reports from multiple Pakistan-based outlets say the United Arab Emirates (UAE), Saudi Arabia, and Qatar are in talks with the new Shehbaz Sharif administration. ch-aviation flagged Qatar’s interest in PIA six months ago.
In addition, entities associated with…
Source: ch aviation
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