Pakistan's new push to privatize national airline faces headwinds

Government aims to fast-track sale but experts say bankruptcy may be only option

20231013 pia

Pakistan International Airlines has racked up billions of dollars in losses, making it a burden the government is keen to unload. © Reuters

ADNAN AAMIR, Contributing writer

ISLAMABAD -- A Pakistani government move to privatize the crisis-hit country's national flag carrier looks likely to be turbulent, as experts warn the airline makes an unappealing acquisition target.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.