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PIA fuel cost vulnerability airline recovery

PIA privatisation deal 2025 structure diagram showing Rs55 billion government cash proceeds against Rs650 billion legacy liabilities retained by Pakistan state

Pakistan Offloaded PIA for Rs55 Billion and Quietly Absorbed Rs650 Billion in Debt

Focus Pakistan2026-05-15

ISLAMABAD: The privatisation of PIA is worth Rs135 billion in headline figures. The figure looms large in all press releases and media accounts of the achievements of the government. But the figure is very deceptive. However, the privatisation transaction for PIA did not result in the payment of Rs135 billion by the company to the ... Read more

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