Dossier
Competition Commission of Pakistan
Coverage of Competition Commission of Pakistan in the Nexus archive.
- Govt formally transfers management control of PIA to Arif Habib-led consortium
The Pakistani government transferred management control of Pakistan International Airlines (PIA) to a consortium led by Arif Habib Corporation, completing the privatisation process. The Privatisation Commission confirmed the first financial closing of the transaction after meeting 40 conditions precedent, including regulatory and commercial approvals.