PIA
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Airlines
Privatization Process Completed at PIA
Pakistan has completed the privatization process of its national airline, PIA (Pakistan International Airlines). Following a multi-stage and competitive tender process, 75% of PIA’s shares were sold for 135 billion Pakistani rupees. The Arif Habib Consortium, based in Pakistan, submitted the highest bid and acquired the 75% stake in PIA. The Lucky Consortium, which finished second in the bidding process,…
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Airlines
Hitit and PIA Strengthen Collaboration in Crew Management
Hitit and Pakistan International Airlines (PIA) have expanded their partnership—originally established in 2018 and renewed in 2023—by adding the Crane Crew (Crew Management) solution. As of October 1, PIA, Pakistan’s flag carrier, has started using Hitit’s Crane Crew software, marking a new step forward in crew planning. October 1, 2025 – Istanbul, Islamabad – Hitit, the world’s third-largest and Europe…
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Airlines
PIA Turns a Profit After 21 Years
Pakistan International Airlines (PIA) has reported an annual profit for the first time in 21 years. For the 2024 fiscal year, the airline recorded an operating profit of 9.3 billion Pakistani Rupees (approximately $33.14 million), and a net profit of 26.2 billion Rupees after deferred taxes. This development is seen as a crucial step in the restructuring of the long-struggling…
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