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pakistan: Pakistan to privatise loss-making national airline; govt plans to outsource airport operations in line with IMF deal

The committee also backed the hiring of a financial adviser to process the transaction of Roosevelt Hotel, New York, an asset of the PIAInvestment Limited, it added. Pakistan hopes to resume PIA flights to Britain in the next three months after services were suspended following a fake pilot scandal. The PIA flights to Europe and the UK have been suspended since 2020 after the European Union s Aviation Safety Agency revoked the national carrier s authorisation to fly to the bloc following the pilot licence scandal. ....

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