Pakistan aiming to sell national airline PIA before election
Pakistan will try to privatise its flag carrier Pakistan International Airlines (PIA) before the general elections due this year, Pakistani Privatisation Minister Daniyal Aziz has said. PIA has been losing market share to Gulf-based rivals like Etihad and Emirates. The loss-making airline was among 68 state-owned firms earmarked for privatisation in return for a $6.7 billion IMF package in 2013.