As of November 1, 2024, Pakistan International Airlines (PIA) has not been sold. The Pakistani government set a minimum price of 85 billion Pakistani rupees (approximately $306 million) for a controlling stake in PIA. However, the sole bid received was significantly lower, at 10 billion rupees (about $36 million), which is approximately one-eighth of the minimum price. This substantial discrepancy has cast uncertainty over the privatization process. 
As of November 1, 2024, Pakistan International Airlines (PIA) has not been sold. The Pakistani government set a minimum price of 85 billion Pakistani rupees (approximately $306 million) for a controlling stake in PIA. However, the sole bid received was significantly lower, at 10 billion rupees (about $36 million), which is approximately one-eighth of the minimum price. This substantial discrepancy has cast uncertainty over the privatization process. 
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