Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Wed, 08 Apr 2026 03:09:04 +0500 Wed, 08 Apr 2026 03:09:04 +0500 60 Four final bidders shortlisted for PIA privatisation as govt plans Q4 2025 sale https://english.aaj.tv/news/330432609/four-final-bidders-shortlisted-for-pia-privatisation-as-govt-plans-q4-2025-sale <p><strong>The Privatisation Commission has shortlisted four bidders to participate in the long-awaited sale of Pakistan International Airlines Company Limited (PIACL), marking a critical step in the government’s renewed push to privatise the loss-making national carrier, according to media reports.</strong></p> <p>The announcement came during a Senate committee session chaired by Senator Dr Afnan Ullah Khan, where officials confirmed that the bidding process is expected in the fourth quarter of 2025, between October and December.</p> <p>The government is offering between 51% and 100% of PIACL’s shares, along with management control.</p> <p>According to the media reports, the four cleared applicants include: Consortium of Lucky Cement, Hub Power Holdings, Kohat Cement, and Metro Ventures; Consortium of Arif Habib Corporation, Fatima Fertiliser, City Schools (Pvt) Ltd, and Lake City Holdings (Pvt) Ltd; and Fauji Fertiliser Company (FFC).</p> <p>Airblue (Pvt) Ltd, the only airline on the list, brings operational aviation expertise.</p> The Privatisation Commission has shortlisted four bidders to participate in the long-awaited sale of Pakistan International Airlines Company Limited (PIACL), marking a critical step in the government’s renewed push to privatise the loss-making national carrier, according to media reports.

The announcement came during a Senate committee session chaired by Senator Dr Afnan Ullah Khan, where officials confirmed that the bidding process is expected in the fourth quarter of 2025, between October and December.

The government is offering between 51% and 100% of PIACL’s shares, along with management control.

According to the media reports, the four cleared applicants include: Consortium of Lucky Cement, Hub Power Holdings, Kohat Cement, and Metro Ventures; Consortium of Arif Habib Corporation, Fatima Fertiliser, City Schools (Pvt) Ltd, and Lake City Holdings (Pvt) Ltd; and Fauji Fertiliser Company (FFC).

Airblue (Pvt) Ltd, the only airline on the list, brings operational aviation expertise.

]]> Business & Economy https://english.aaj.tv/news/330432609 Tue, 02 Sep 2025 17:43:23 +0500 none@none.com (Web Desk) Photo via Reuters