Govt has no plan to privatise PIA, says Dar

Source:  ARY News Published in Politics on Monday, December 21, 2015

ISLAMABAD: Finance Minister Ishaq Dar says the Government has no plan for privatisation of Pakistan International Airlines but wants to get a strategic partner for the airline.

In a statement issued today [Sunday], he said the strategic partner will have 26 percent shares in the core business of the national flag career.

The Minister made it clear that no employee of PIA will be fired.

He said airlines fleet has increased from 18 to 38 and during this month the number of planes will further be increased to 40.



People Mentioned
  • Muhammad Ishaq Dar Federal Minister for Finance, Revenue, Economic Affairs and Statistics