Pakistan, May 28 -- ISLAMABAD - The federal government has extended the deadline for submitting Expressions of Interest (EOIs) for the privatization of Pakistan International Airlines (PIA) from June 3 to June 19, 2025. This extension aims to attract more potential investors and ensure a competitive bidding process.

Last month, the government officially restarted the PIA privatization process by issuing a public advertisement seeking EOIs. Initially, June 3 was set as the final submission date, but officials have now granted more time for potential buyers to come forward.

According to the Privatization Commission, between 51% to 100% of PIA's shares will be offered for sale, along with full management control. The airline's core and non...