ISLAMABAD, Pakistan: The Federal Minister for Privatization Daniyal Aziz on Monday said the Pakistan Muslim League-Nawaz (PML-N) government was committed to finalize privatization process of core business of Pakistan International Airlines (PIA) before April 15, 2018.
While addressing a Press Conference in Islamabad, the minister made it clear that the government would sell only core business relating to management and flight operation of the national flag carrier, whereas all other properties would remain in custody of the government.
Daniyal Aziz said the federal government was also planning to establish another company under which all the fixed assets of PIA would be managed.
The privatization minister ensured that during the privatization process, all legal rights and monetary benefits of the employees of the airlines would be fully protected.
