Privatization of PIA enters final stages with crucial pre-bid meetings

The privatization of Pakistan International Airlines (PIA) has reached its final stages as a crucial pre-bid meeting is set to begin Monday, reported 24NewsHD TV channel.

The meeting, which will be conducted online via Zoom, involves separate sessions with companies interested in purchasing the national airline, facilitated by PIA and the Privatization Commission.

During these pre-bid meetings, experts from the interested organizations will pose various questions regarding PIA's operations and assets. This stage, commencing today, will continue over the next few days, ensuring thorough discussions with each potential buyer.

In preparation for these important meetings, representatives from the interested companies were given tours of PIA's main departments last week. Separate times have been allocated for meetings with different holding companies, ensuring focused and detailed discussions.

Sources indicate that these pre-bid meetings are a critical step in the privatization process, as they allow prospective buyers to gain a comprehensive understanding of PIA's value and operations.