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.
Government aims to fast-track sale but experts say bankruptcy may be only option
Pakistan International Airlines has racked up billions of dollars in losses, making it a burden the government is keen to unload. © Reuters
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.