Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Last of Us Season 2
    Videos

    ‘The Last of Us’ Season 2 Premieres Date What to Expect From HBO’s Hit Series

    April 13, 2025 2 Min Read
    Disney Snow White box office
    Videos

    Snow White Teaser Drops: Gal Gadot and Rachel Zegler Shine

    February 22, 2025 1 Min Read
    Busin Ja Dhika song
    Videos

    Busin Ja Dhika Song: A Raw Pakistani Anthem Goes Viral

    February 21, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: PIA Privatization Deadline Extended to June 19 Amid Share Price Surge
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PIA privatization 2025
PhotoNews Pakistan > Business > PIA Privatization Deadline Extended to June 19 Amid Share Price Surge
Business

PIA Privatization Deadline Extended to June 19 Amid Share Price Surge

Web Desk
By Web Desk Published May 27, 2025 2 Min Read
Share
Pakistan International Airlines (PIA) Photo Credits: APP
SHARE

Pakistan International Airlines (PIA) extended the deadline for submitting Expressions of Interest (EoI) for its privatisation to June 19, 2025, from June 3, citing investor challenges during the Eidul al-Adha holidays.

The move, made in consultation with financial advisors, aims to attract global buyers as PIA’s Class B shares soar past Rs22,000, raising regulatory scrutiny.

The Privatisation Commission, which is managing the sale of Pakistan International Airlines (PIA), has confirmed a 15-day extension to accommodate potential investors. The sale will focus exclusively on private buyers, with no provincial or government-to-government deals involved. To promote PIA’s potential, roadshows will be held in the Middle East, showcasing the airline’s recent profitability, independent engine maintenance, and effective aircraft payment management. A source stated, “PIA offers significant profit potential,” highlighting its financial turnaround..

PIA’s Share Price Surge Raises Questions

PIA Holding Company’s Class B shares surged by over Rs18,000 in a month, crossing Rs22,000, prompting inquiries from the Pakistan Stock Exchange (PSX) and Securities and Exchange Commission of Pakistan (SECP).

According to The Express Tribune, PIA management denied knowledge of factors driving the spike, which has sparked concerns about speculative trading or undisclosed actions. Regulatory authorities are investigating to ensure market transparency.

PIA’s privatisation is seen as a boost for Pakistan’s economy, reducing fiscal burdens while leveraging the airline’s operational improvements. Economist Dr. Bilal Khan from LUMS states, “A successful PIA sale could attract foreign investment, but transparency is critical to maintain trust.”

Interested investors must submit EoIs by June 19, with Middle East roadshows set to intensify outreach.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

For more info visit Bank Alfalah

Recent Posts

Gold prices in Pakistan

Gold Prices Drop to Rs347,900 per Tola, PSX KSE-100 Gains 111 Points

Lilo & Stitch, Mission Impossible Box Office Business

Lilo & Stitch, Mission: Impossible Drive Record $326M Memorial Day Box Office

Druski Preston sketch

Druski’s Viral ‘Preston’ Sketch as ‘White Boy Accepted by the Hood’

PIA privatization 2025

PIA Privatization Deadline Extended to June 19 Amid Share Price Surge

MD Forecasts Heatwave in Southern Pakistan

Pakistan Heatwave: Sindh Hits 46°C, PMD Warns of Storms and Winds

Post Archives

More Popular from Photonews

Microsoft Layoffs 2024
Tech

FTC Drops Microsoft-Activision $69B Blizzard Antitrust Case

3 Min Read
AI Vocal Remover 2025
Blog

AI Vocal Remover: Revolutionizing Music Creation in 2025

3 Min Read
Macron Brigitte shove
Top NewsWorld

Emmanuel Macron’s Playful Shove from Brigitte Sparks Viral Debate

3 Min Read
Sports

Teoscar Hernández’s Double Lifts Dodgers Past Mets in 7–5 Thriller

In a gripping rematch of the 2024 National League Championship Series, Teoscar Hernández delivered a game-changing…

May 24, 2025
Business

Pakistan and IMF Discuss Carbon Levy and Fiscal Reforms for 2025-26 Budget

Pakistan and the International Monetary Fund (IMF) are engaged in critical negotiations to shape the 2025-26…

May 21, 2025
Tech

OpenAI’s o3 Model Uncovers Linux Zero-Day Vulnerability in ksmbd

On May 26, 2025, cybersecurity researcher Sean Heelan revealed that OpenAI’s o3 AI model discovered a…

May 26, 2025
Tech

Elon Musk Refocuses on Tesla, X After Global Outage Hits Social Platform

On May 24, 2025, an outage disrupted X, Elon Musk’s social media platform, affecting tens of…

May 25, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?