PIA bidders reject $500mn investment condition D_Trends

PIA bidders reject 0mn investment condition D_Trends

Potential buyers of Pakistan International Airlines (PIA) have refused to meet the government’s demand for a guaranteed investment of $500 million and have declined to accept key performance targets, including increasing the airline’s fleet and operating on a specified number of domestic and international routes.  According to a news report, out of the six shortlisted … Read more