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Critics Slam PIA Privatization as Undervalued and Opaque

1/7/2026

50 9 Full Breakdown

Summary

Story summary

Concerns over Pakistan International Airlines (PIA) privatization have emerged as critics say the Rs135 billion sale for 75% of shares undervalues the asset.
Critics say the low price reflects the private sector's reluctance to pay fair value.
Despite PIA's profitability, doubts persist about buyers' expertise and the opaque bidding process.
Experts urge a clearer privatization process to ensure fair valuations and accountability.

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Story summary

Concerns over Pakistan International Airlines (PIA) privatization have emerged as critics say the Rs135 billion sale for 75% of shares undervalues the asset.
Critics say the low price reflects the private sector's reluctance to pay fair value.
Despite PIA's profitability, doubts persist about buyers' expertise and the opaque bidding process.
Experts urge a clearer privatization process to ensure fair valuations and accountability.