Arif Habib Consortium Buys 75% PIA stake for Rs135bn

    By Aftab Ahmed | December 23, 2025

    Pakistan on Tuesday finally sealed the sale of a 75% stake in Pakistan International Airlines for Rs135 billion while ending years of stalled privatisation attempts. The government awarded management control of the loss-making flag carrier to the Arif Habib consortium after a group wins a bid through a competitive auction. The winning group comprises of…

    Govt Makes Second Effort To Privatize PIA

    By Aftab Ahmed | December 23, 2025

    The government is going to make second attempt to privatize the country’s state run national flag carrier Pakistan International Airlines (PIA) today. The bid process will start at 11 am which will continue till 3 Pm on Wednesday. The government had made first attempt to privatize the PIA in late-October 2024. During that bidding round,…

    Saudia Showcases Expansion at WTM London 2025

    By Salman Khan | November 7, 2025

    Saudia joined the World Travel Market 2025 in London to highlight its global network growth and strengthened connectivity with Pakistan and beyond. Saudia, the national flag carrier of Saudi Arabia, took part in the World Travel Market (WTM) 2025, held in London from November 4 to 6. The exhibition brought together travel and tourism leaders…

    Passengers Stranded Across Pakistan Amid PIA Shutdown

    By Salman Khan | November 4, 2025

    Pakistan International Airlines (PIA) is facing a severe disruption as aircraft engineers went on strike, suspending flight operations across Pakistan and beyond. The protest began when engineers refused to issue mandatory airworthiness certificates, grounding all domestic and international flights. Officials confirmed that since 8 p.m. Monday, no international PIA flight has departed, leaving hundreds of…

    Saudia Secures IOSA Renewal Under New RBI Audit

    By Salman Khan | October 7, 2025

    Saudia, the national flag carrier of the Kingdom of Saudi Arabia, has successfully renewed the IATA Operational Safety Audit (IOSA) under the newly introduced Risk-Based IATA Operational Safety Audit (RBI) framework. This milestone not only secures Saudia’s IOSA registration for the eleventh consecutive time, but also highlights the airline’s exceptional standards in safety and performance….

    Thunderstorm Alert Flight Disruptions Hit Major Airports

    By Salman Khan | October 3, 2025

    Air travel across Pakistan was disrupted on Friday after a thunderstorm alert in Islamabad combined with administrative issues, causing widespread flight cancellations and lengthy delays nationwide. Pakistan International Airlines cancelled eight flights, including four Islamabad–Gilgit services, Sukkur–Karachi connection, Islamabad–Sukkur route, and two Karachi–Turbat flights, affecting large numbers of domestic passengers. Flight delays ranging from one…

    ECC approves $142m support to bail out Roosevelt Hotel

    By NewzTodays Editorial Team | August 11, 2022

    The government’s Economic Coordination Committee (ECC) has approved a loan of US$ 142 million to bail out Roosevelt Hotel Corporation (RHC). The Federal Minister for Finance and Revenue, Mr. Miftah Ismail, presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Finance Division today.  Ministry of Aviation submitted a summary…

    PIA to generate $30m for Roosevelt Hotel New York

    By NewzTodays Editorial Team | September 22, 2021

    Aftab Ahmed Islamabad: The PTI government has approved immediate cash support of US$30 million for Roosevelt Hotel New York through market financing with the government of Pakistan guarantee. Sources told Newztodays.com that Aviation Division had tabled a summary before the economic coordination committee to approve immediate cash support of US$130.3 million. This amount also included…

    M/s Fly Jinnah to launch an airline in Pakistan

    By NewzTodays Editorial Team | May 28, 2021

    Aftab Ahmed Islamabad: M/s Fly Jinnah Services Limited has decided to launch a regular public transport airline in Pakistan that will be one of the companies to launch service. The aviation division has recommended allowing it to launch regular operations in Pakistan. The group of businessmen in Pakistan is going to launch an airline. There…

    Committee reconstituted to outsource airports of Pakistan

    By NewzTodays Editorial Team | September 17, 2020

    Aftab Ahmed Islamabad: Aviation Division has managed to remove advisor to Prime Minister on Commerce Razak Dawood from a committee working on outsourcing major airports of Pakistan. The new committee has been formed now under the chairmanship of Aviation Minister Ghulam Sarwar Khan that would prepare recommendations to outsource airports. Sources told Newztodays.com that Aviation…