Pakistan International Airlines to Go Public Within a Year Under New Ownership

Pakistan International Airlines (PIA) is set to be listed on the stock exchange within a year following its acquisition by new owners. Bloomberg posted on X that the new management aims to revitalize the airline and improve its financial performance before the public offering. The decision to list PIA is part of a broader strategy to enhance transparency and attract investment. The airline has faced financial challenges in recent years, and the new owners are focused on restructuring operations to ensure profitability. The move is expected to bring significant changes to PIA's management and operational strategies, aligning with global aviation standards. The listing is anticipated to provide a fresh influx of capital, aiding in the airline's turnaround efforts.