The final bidding process for the privatization of Pakistan International Airlines (PIA) is scheduled to take place tomorrow (Thursday) in Islamabad.
Preparations for the bidding process have been finalized at a private hotel in the capital.
Of the six potential bidders, only the Blue World City consortium has submitted an advance payment, confirmed by sources from the Privatization Commission.
Both the bid submission and opening for Pakistan International Airline’s purchase are set to occur on the same day, as per aviation sources.
The privatization process will adhere strictly to the regulatory framework and guidelines, ensuring full compliance with legal requirements, the sources added.
As the government proceeds with the PIA privatisation, new conditions from potential buyers have emerged related to airline’s employees.
