In a significant development for Pakistan’s aviation industry, a Turkish consortium has emerged as the sole bidder for the operations of Islamabad International Airport. However, their concession fee offer falls below the minimum threshold set by the Pakistan Airports Authority (PAA). The consortium, comprising Terminal Yapi, ERG Insaat, and ERG UK, proposed a 47% revenue […]
Tag: aviation industry Pakistan
Maryam Consults with Nawaz on Potential PIA Purchase
Nawaz Sharif Proposes Revival of Pakistan International Airlines Amidst Privatization Controversy In a recent turn of events surrounding the troubled Pakistan International Airlines (PIA), PML-N President Nawaz Sharif has revealed that discussions are underway regarding the potential acquisition of the national flag carrier. During an event in the United States, he shared that his daughter, […]