CCoP approves Rs 135bn PIA bid, paves way for Cabinet approval
A PIA plane is pictured in flight. — AFP/File CCoP approves Rs 135bn bid for 75% stake in PIA. Federal Cabinet to review Rs 135 billion PIA privatization deal. PIA’s new owner plans fleet expansion and aircraft overhaul. The Committee on Privatization (CCoP) has approved a Rs135 billion bid submitted by an AHC-led consortium to acquire a 75% stake in Pakistan International Airlines Corporation Limited (PIACL) and recommended that the proposal be submitted to the federal cabinet as part of the national carrier’s privatization process. The News reported on Wednesday. The decision was taken at a meeting presided over by



