Pakistan: PIA likely to be sold to a foreign government via SIFC

Pakistan International Airlines (PIA) may be sold to a foreign government after the Privatisation Commission rejected a Rs10 billion bid from the Blue World Consortium. The airline is now likely to be sold under a government-to-government agreement, with Qatar or Abu Dhabi considered potential buyers. Pakistan International Airlines (PIA) may be sold to a foreign government after the Privatisation Commission rejected a Rs10 billion bid from the Blue World Consortium. The airline is now likely to be sold under a government-to-government agreement, with Qatar or Abu Dhabi considered potential buyers.  Economic Times