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The Nexus
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privatisation authorities

Coverage of privatisation authorities in the Nexus archive.

Earliest in view: Jul 1 · 02:35 UTCMost recent: Jul 1 · 02:35 UTC
Co-mentioned in this coverage
Pakistan International Airlinesorganization1Fauji Foundationorganization1Gulf carrierstopic1Consortiumorganization1
Recent coverage
  • BUSINESSJul 1 · 02:35 UTCDAWN
    PIA’s privatisation

    PIA's management control has been transferred to a consortium including private investors and the Fauji Foundation, with a Rs10bn upfront payment and a commitment of Rs125bn for restructuring and improvements. The airline faces challenges such as financial losses, competition from Gulf carriers, and structural constraints despite privatisation.