PIA Sold for Pennies? Inside the Shocking Privatization Deal
Fleet in Pieces: How Many Planes Are Really Flying? Sale Price vs True Value: A Billion-Rupee Gap Exposed By: Ahmad Saghir - Independent Journalist & Political Analyst P akistan International Airlines (PIA), once a symbol of national pride, currently operates a fragmented fleet that reflects years of financial strain and operational neglect. Brand, routes, and real estate were left on the table — literally undervalued According to recent reports, PIA’s total aircraft count stands at 34 jets , of which 18 are operational and 16 are grounded due to maintenance and airworthiness issues. The airline serves 45 international and 25 domestic routes , operating about 70 daily flights. Only 18 of 34 aircraft are operational — the rest grounded, rotting, or scrap! The airline’s privatization process has revealed a stark mismatch between asset value and sale price . On December 23, 2025, the Privatization Commission announced that 75...