PIA Privatization Bidding to Be Streamed Live on TV Today — Check Time and Details

The PIA privatization process reached its peak today in Islamabad. After months of preparation, three major players have stepped into the ring. The government is selling a 75% stake in Pakistan International Airlines. This move aims to stop the heavy financial losses that have drained the national treasury for decades.

Who Are the PIA Bidders?

Three powerful groups remain in the race after the Fauji Fertilizer Company withdrew. The current contenders are:

• Lucky Cement Consortium: Led by Muhammad Ali Tabba, including Hubco and Metro Ventures.
• Arif Habib Consortium: A massive group featuring Fatima Fertilizer and City Schools.
• Air Blue Limited: The private airline competing independently for the national flag carrier.

PIA Privatization Bidding Timing and Transparency

You can watch the PIA privatization live as the government ensures total transparency. Bidders submitted their sealed offers this morning at 10:30 AM. Now, the Cabinet is reviewing the reserve price. The main event happens at 3:30 PM PKT, when officials will open the bids in a public ceremony.

The successful buyer must invest Rs 80 billion over five years. According to Mettis Global, 92.5% of the bid money stays within PIA for its revival. The government will keep a 25% share, but the new owner gets full management control. This deal represents a “make or break” step for Pakistan’s aviation sector.