Karachi: Arif Habib Group is reportedly exploring a Rs180 billion acquisition plan to gain full control of Pakistan International Airlines, signaling rising private-sector interest in reviving the loss-making national carrier. If completed, the deal could become one of Pakistan’s biggest privatization transactions in recent years and may reshape the country’s aviation landscape. Analysts believe private ownership could improve fleet management, route planning, customer service and global competitiveness. The government has been seeking strategic investors for PIA as part of wider economic reforms. A successful transaction can also boost investor confidence, air connectivity, tourism, logistics and commercial real estate around major airports. Will this deal revive Pakistan’s aviation sector?
