Government hopes this sale unlocks wider privatization as experts stay cautious

20251211 Pakistan International Airlines plane in Islamabad

After a failed attempt last year, Pakistan International Airlines is scheduled to be taken private in a live bidding session on Dec. 23, with the government having improved conditions surrounding the sale.  © Reuters

ADNAN AAMIR

ISLAMABAD — Pakistan is inching closer to privatizing Pakistan International Airlines, the country’s national flag carrier, with the government setting the bidding for later this month. Experts say that the sale of PIA might help to clear the way for the divestment of other state-owned enterprises, but warn that the move will not be sufficient to fix the country’s ongoing economic weaknesses.





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