The government is considering proposals to sell PIA to a foreign government.

Reports indicated that there is a plan to sell PIA under a government-to-government (G2G) agreement.

In the wake of the cancellation of the Blue World Consortium’s bid, the government has developed a revised plan for the airline’s future.

Proposals are underway to include several pre-agreed conditions in the potential sale to either Qatar or Abu Dhabi.

The Blue World Consortium had previously submitted a bid of 10 billion rupees to acquire shares in PIA, but this bid has since been annulled.

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