Pakistan gets measly $36m offer for debt-ridden flag carrier ...Middle East

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.

Hence then, the article about pakistan gets measly 36m offer for debt ridden flag carrier was published today ( Friday 01/11/2024 - 06:08 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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