PIA Sales Plan: Etihad and Emirates Airlines interest in purchasing PIA

Etihad and Emirates Airlines interest in purchasing PIA

Etihad and Emirates Airlines interest in purchasing PIA

Islamabad … News Time

The government has decided to privatize PIA before elections, Privatization Minister Daniyal Aziz has said that privatization of other institutions will start soon. Interviewing Foreign News Agency Reuters, Privatization Minister Daniyal Aziz said that plans to sell PIA under new plan will try the privatization of PIA before the upcoming elections Etihad and Emirates Airlines have expressed interest in purchasing PIA. Privatization Minister said that recommendations will be made in the meeting of Privatization Commission under the Prime Minister Shahid Khaqan Abbasi in this regard. This step of submitting recommendations may be completed next week however, the PAA privatization will have to reject a legislation made by a Bill before the Parliament in the year 2016. This was named PIA Limited Company. Daniyal Aziz was asked how to buy PIA; he replied that if you have the money tomorrow, come and buy PIA, However, Daniyal Aziz did not talk about the value of the PIA, how much this institution would be sold in billions of dollars. Express Tribune has published a report that confirmed the statement of Daniyal Aziz Etihad Airways and Emirates Airlines have expressed interest in purchasing PIA.

Advertisement

No comments.

Leave a Reply