Pakistan To Hold Bidding For National Airline On October 1, Says Ary News Report


(MENAFN- Live Mint) Bidding for Pakistan's national airline will be held on October 1, broadcaster Ary News reported on Tuesday, citing a statement by the head of the National Assembly privatisation committee.

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"The (Pakistan International airlines ) auction will be finalised on the first day of next month," National Assembly member Farooq Sattar was reported to have told a session of the committee.

Pakistan's government has previously said it would sell between 51% and 100% of the loss-making airline as part of reforms urged by the International Monetary Fund (IMF).

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Disclaimer: This story has been published from a wire agency feed without modifications to the text.

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