ISLAMABAD (Reuters) – Pakistan plans to privatise its national carrier Pakistan International Airlines, the government said on Monday.
The decision was taken at a meeting of the Cabinet Committee of Privatisation chaired by Finance Minister Ishaq Dar.
The committee “after deliberation decided to include Pakistan International Airlines Co. Ltd (PIACL) in the list of active privatisation projects of the ongoing privatisation programme, following an amendment in the law by the Parliament,” a finance ministry statement said.
(Reporting by Asif Shahzad in Islamabad and Baranjot Kaur in Bengaluru; Editing by David Goodman and Mark Potter)