Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Nawaz hints at privatisation of 26% PIA share; Pak progress rate under 0.01% versus 8.4% in S Asia

byCustoms Today Report
21/03/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Efforts were being made to revive the Pakistan International Airlines (PIA) though it had been in very bad shape, said Prime Minister Nawaz Sharif, hinting that the privatisation of 26 percent share of PIA was the only solution.

At the launch of the new aviation policy, Mr Nawaz, nevertheless, said the airline’s employees should not be worried as they would be taken care of. He added that National Aviation Policy was being presented by his government after 15 years which was being prepared with full dedication and commitments to make progress in the aviation sector.

You might also like

CCP authorizes acquisition of Pakistani aircraft maintenance firm by UAE-based FZE

16/04/2026

IT leads list as SECP registers 2,993 companies in March 2026

15/04/2026

He disclosed that the progress rate in Pakistan had been under 0.01 per cent compared to the 8.4 per cent in South Asia. He said: “The funds required reviving the national carrier but we have to make difference between good and bad.” He added Pakistan needed to build new modern airports and provide facilities at old airports. He said domestic terminal at Lahore Airport would be separated from International terminal to overcome the passengers’ load.

 

Related Stories

CCP authorizes acquisition of Pakistani aircraft maintenance firm by UAE-based FZE

byCT Report
16/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorized the acquisition of a shareholding in M/s. Northern Technik (Private) Limited...

IT leads list as SECP registers 2,993 companies in March 2026

byCT Report
15/04/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,993 new companies in March 2026, showing an 11% increase...

First lithium battery manufacturing plant set to open in Karachi

byCT Report
14/04/2026

KARACHI: Pakistan’s first national lithium-ion battery manufacturing policy for 2026–31 is nearing approval, while the country’s first lithium battery production...

Cotton prices hit two-year high as supply constraints tighten market

byCT Report
13/04/2026

KARACHI: Cotton prices in Pakistan have climbed to a two-year high, with rates rising by Rs4,000 per maund to reach...

Next Post

Nvidia introduces 12GB GTX Titan X graphics card with full Direct X 12 for $999 in US, £879 in UK

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.