PIA’s New Owners Plan Limited IPO for Flag Carrier
Pakistan International Airlines’ new owners are planning a limited IPO as part of efforts to strengthen the flag carrier’s financial position.
Jishan Khan 
(PIA) is set to pursue a limited initial public offering (IPO) under its new ownership structure, marking a significant step in the airline’s financial restructuring efforts.
The proposed IPO is expected to involve a partial share offering rather than a full public float. This approach would allow the airline to raise capital while maintaining strategic control within the existing ownership framework.
A limited IPO can help strengthen the carrier’s balance sheet, improve liquidity, and enhance transparency through public market participation. For PIA, which has faced financial and operational challenges in recent years, access to fresh capital could support fleet modernization, route optimization, and service improvements.
The move reflects broader efforts to reposition the airline and rebuild investor confidence. Further details regarding the timeline, valuation, and exchange listing are expected as planning advances.
If successful, the offering would mark a new chapter for Pakistan’s national carrier as it works toward long-term financial stability and competitiveness.
