Saudi Arabia, the United Arab Emirates, and Qatar have emerged as potential buyers for Pakistan International Airlines (PIA), signaling a significant interest in acquiring the national carrier.
This development comes as the Pakistani government seeks to privatize PIA to address financial difficulties. Government officials have reportedly held talks with high-level representatives from these Gulf countries, briefing them on details of the potential acquisition.
Sources reveal that authorities from these Gulf countries have intensified communications with the Pakistani government regarding the potential purchase of PIA.
Aviation insiders suggest that investors from the Gulf region have engaged in discussions with high-ranking officials regarding the acquisition of PIA. During these discussions, authorities from the UAE, Qatar, and Saudi Arabia were reportedly briefed on the matter.
Sources further claim that the bidding process for PIA's sale is underway, with the highest bidder likely to secure ownership of the airline.
