Arif Habib Consortium to Acquire Full Control of PIA
An Arif Habib-led consortium is set to acquire full control of Pakistan International Airlines (PIA) as part of the airline’s privatization process.
Jishan Khan 
An investment group led by Arif Habib Group, is set to acquire full control of the PIA and operational control to the consortium, signaling a significant shift in the governance structure of the national carrier.
PIA has faced financial and operational challenges in recent years, prompting the government to pursue strategic investment and privatization options aimed at stabilizing the airline and improving performance.
A change in ownership is expected to bring fresh capital, restructuring measures, and potential fleet and network optimization plans. Industry observers see the move as a crucial step toward revitalizing the carrier and enhancing its competitiveness.
Further details regarding transaction terms, regulatory approvals, and implementation timelines are expected as the process advances.
