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Airplanes and privatizations. Pakistan national flag carrier on sale

Islamabad, Pakistan - Emirates Airlines, Etihad and Qatar Airways among the possible buyers

Pakistan government has put its national flag carrier Pakistan international airlines (PIA) on sale. The measure is part of a plan of economic reforms promised by Islamabad in return for an International Monetary Fund bailout. They include selling shares of State companies. Prime minister Nawaz Sharif appointed Mohammad Zubahir, a former IBM chief financial officer for the Middle East and Africa, as...

AVIONEWS - World Aeronautical Press Agency - 1163010

AVIONEWS - World Aeronautical Press Agency
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