The government’s effort to privatise Pakistan International Airlines (PIA) failed as the only bidder, Blue World City, offered PKR 10 billion for a 60% stake, significantly lower than the PKR 85.03 billion minimum. The lack of competition and high government demands discouraged other bidders.
Related Posts
Girl to bin Pocso suit against bus conductor in language row
In the aftermath of a language row in Belagavi, a girl retracted her sexual harassment complaint against a bus conductor under the Pocso Act. The […]
Etihad Airways fined Rs 75k for delayed return of passengers’ lost baggage
A Delhi consumer court ordered Etihad Airways to pay Rs 75,000 for misplacing a passenger’s check-in baggage and returning it after several days. The complainant […]
‘Be cool’: Trump tries to calm nerves as US faces retaliation in trade war
President Trump called on Americans to “BE COOL” after China and the EU imposed retaliatory tariffs. His message came as US markets opened with mixed […]