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The PIA tender is likely to be completed in a month

KARACHI: The government has imposed conditions on the potential buyer of state-run Pakistan International Airlines (PIA), barring the investor from reselling the company for the first three years after its takeover and requiring it to induct 20 aircraft into the fleet. Speaking to The Express Tribune, Arif Habib, Chairman of Arif Habib Corporation, one of the default bidders for the airline, said the government’s business plan after the privatization of PIA showed that the buyer could not resell it for at least three years . Earlier, while discussing the business plan with a group of reporters, Habib said the new