On Tuesday, Fawad Hasan Fawad, the Caretaker Minister for Privatization,presided over a meeting involving various stakeholders to discuss therestructuring of Pakistan International Airlines (PIA) in preparation forits privatization.
The meeting included the Advisor to the Prime Minister on Aviation, keyteam members, senior PIA management, as well as legal and financialconsultants, as stated in a press release.
During the meeting, specific timelines were established to ensure alignmentwith the Prime Minister and Cabinet’s objectives. This move comes shortlyafter Caretaker Prime Minister Anwaar ul Haq Kakar instructed Fawad HasanFawad to oversee the expedited privatization of PIA.
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Emphasizing the urgency of the privatization process, the Prime Ministerhighlighted the need to provide reliable services to users and elevate thenational flag carrier’s standards to international levels during a separatemeeting focused on PIA-related matters. He urged all relevant stakeholdersto swiftly address the privatization-related issues
