Restructuring Plan Underway To Privatize Airline, Sick Units: Fawad

Mohammad Ali (@ChaudhryMAli88) Published December 08, 2023 | 01:00 AM

Restructuring plan underway to privatize airline, sick units: Fawad

ISLAMABAD, (UrduPoint / Pakistan Point News - 8th Dec, 2023) Caretaker Minister for Privatization Fawad Hassan Fawad on Thursday said that a restructuring plan is underway to privatize Pakistan International Airlines and other non-profitable organizations.

There is a need to privatize sick units without further delay, he said while talking to a private television channel.

Our country is losing billions of rupees every year due to non-profitable entities, he said.

To a question, he said discussions are being held with Air Blue and other airlines regarding privatization of PIA.

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